Sea Limited Reports Strong Q3 2026 Results Driven by Shopee and SeaMoney Growth
Sea Limited (SE) reported robust third-quarter 2026 financial results, highlighted by a 43% year-over-year revenue increase to $8.6 billion. The company's growth was primarily fueled by its e-commerce segment, Shopee, which achieved its highest quarterly profit ever with an adjusted EBITDA of $269 million, and SeaMoney, which saw revenue surge 64% to $1.6 billion. Operational metrics showed significant strength across the ecosystem, including a 23% rise in Shopee's Gross Merchandise Volume (GMV) and a substantial expansion in SeaMoney's loan book, which reached $12.6 billion. Despite minor credit environment shifts in Thailand and Brazil affecting nonperforming loans, the company maintains strong momentum. Management also announced an additional $1 billion share repurchase program following the near completion of their previous initiative.
Topics: EBITDA E-commerce Fintech Net Income Revenue Growth