Sea Limited Reports Third Quarter 2026 Results
Business Wire•10/11/2026•06:30 ET
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Key Highlights
- ➤Sea revenue $8.6B, up 43.4% year-on-year
- ➤Net income $502.5M, up 34.0% year-on-year
- ➤Monee loans outstanding $12.6B, up 60.0% year-on-year
- ➤Board approves additional $1.0B share repurchase authorization
- ➤Shopee GMV $39.7B, up 23.3% year-on-year
Expert Statements
Forrest Li, Chairman and Chief Executive Officer of Sea Limited
“Our strong momentum from the first half of the year has continued into the third quarter. We are pleased with this solid performance, and will continue to focus on executing our priorities with discipline.”
Forrest Li, Chairman and Chief Executive Officer of Sea Limited
“Shopee delivered another strong quarter, again achieving new record highs in both top- and bottom-line metrics. Our strategies have proven effective at strengthening our fundamentals, giving us a growing buyer base, stronger monetization, and improving unit economics.”
Forrest Li, Chairman and Chief Executive Officer of Sea Limited
“Monee also delivered another quarter of healthy growth while staying disciplined in how we manage risk and how we invest. We are reaching more users, deepening relationships with existing ones, and extending credit into more everyday spending scenarios, both on- and off-Shopee.”
Forrest Li, Chairman and Chief Executive Officer of Sea Limited
“Garena delivered a solid third quarter, with bookings continuing to grow and profitability continuing to improve. Free Fire anchored this performance with strong bookings growth, and Arena of Valor continued its strong momentum from its 10th year anniversary celebrations.”
Sea Limited (NYSE: SE) (“Sea” or the “Company”) today announced its financial results for the third quarter ended September 30, 2026.
In the third quarter of 2026, Sea’s GAAP revenue was US$8.6 billion, up 43.4% year-on-year. The Company also achieved gross profit of US$3.9 billion, up 51.4% year-on-year, and net income of US$502.5 million, up 34.0% year-on-year. Adjusted EBITDA(1) increased by 28.9% year-on-year to reach US$931.3 million.
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