Sea Limited Q2 2026 Earnings Surge on Record Shopee Performance
Sea Limited reported Q2 2026 net income of US$458.1 million, up 10.6% year-over-year, with revenue surging 48% to US$7.8 billion, beating analyst estimates. E-commerce platform Shopee hit record highs, with revenue up 45% to $5.1 billion and GMV reaching $38.3 billion. Fintech arm Monee grew 58.9%, and Garena’s digital entertainment revenue rose 33.5%. Shares jumped up to 14.8% on the news.
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Sea Limited Stock Surges on Strong Q2 Earnings Report
Shares of Sea Limited (NYSE: SE) rose sharply on Tuesday, gaining up to 14.8% after the company reported its second-quarter financial results. The e-commerce, digital entertainment, and fintech specialist generated revenue of $7.8 billion, up 48% year over year, surpassing analyst expectations of $7.1 billion. Net income reached $458 million, up 11%, though adjusted EPS of $0.70 missed the consensus estimate of $0.86. The company's Shopee e-commerce segment delivered a record quarter with $5.1 billion in revenue, up 45%, driven by record gross merchandise volume and order volume. Garena digital entertainment revenue rose 41% to $697 million, while fintech segment Monee saw revenue jump 58% to $1.2 billion. CEO Forrest Li expressed optimism about Shopee achieving $1 billion in adjusted EBITDA. The company continues to expand in Brazil, its fastest-growing market. Despite the stock spike, Sea Limited trades at less than 25 times next year's expected earnings.
Sea Limited Stock Surges on Strong Q2 Earnings Across All Segments
Shares of Sea Limited rose as much as 14.8% on Tuesday after the company reported better-than-expected Q2 2026 financial results. Revenue reached $7.8 billion, up 48% year-over-year, beating analyst estimates of $7.1 billion. Net income grew 11% to $458 million, though adjusted EPS of $0.70 missed the consensus estimate of $0.86. The e-commerce segment Shopee posted a record quarter with $5.1 billion in revenue, up 45%, driven by record GMV and order volume. CEO Forrest Li expressed optimism about Shopee achieving $1 billion in adjusted EBITDA. Garena's digital entertainment revenue rose 41% to $697 million, with bookings up 16%. Monee fintech revenue grew 58% to $1.2 billion, with its loan portfolio jumping 63% to $11.1 billion and non-performing loans stable at 1%. Brazil remained the fastest-growing market. The stock remains attractively priced at under 25 times next year's expected earnings.
Sea Limited shares surge 9% as revenue jumps 48% and Shopee outlook strengthens
Sea Limited shares rose 8.91% in pre-market trading after reporting stronger-than-expected Q2 revenue of $7.79 billion, up 48.1% year-on-year, beating analyst estimates of $7.09 billion. Adjusted EPS of $0.70 missed the consensus of $0.83, but investors focused on accelerating top-line growth. Shopee's e-commerce revenue grew 48.2%, with GMV reaching $38.3 billion and management expecting $1 billion in adjusted EBITDA for the full year. Monee's digital financial services revenue surged 58.9%, with its loan portfolio expanding 62.5% to $11.1 billion while non-performing loans remained stable at 1.0%. Garena's digital entertainment revenue increased 33.5%, with bookings up 15.5%. All three core businesses delivered double-digit revenue growth, reducing reliance on any single division.
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Sea Q2 earnings up 10.6% at US$458.1 million as Shopee hits new highs
Sea Limited reported a 10.6% increase in Q2 earnings to US$458.1 million, driven by record performance from its e-commerce platform Shopee. Earnings per share rose to US$0.72 from US$0.68 a year earlier. The results highlight continued growth momentum for the Singapore-based tech company, with Shopee reaching new highs in the quarter. The article, published by The Business Times on August 11, 2026, provides a concise update on Sea's financial performance.
Sea Q2 earnings up 10.6% at US$458.1 million, as Shopee hits new highs
Sea Limited reported a 10.6% increase in Q2 2026 earnings to US$458.1 million, driven by strong performance from its e-commerce platform Shopee, which hit new highs. Earnings per share for the quarter stood at US$0.72, up from US$0.68 in the same period last year. The results were published by The Business Times on August 11, 2026, and highlight continued growth for the Singapore-based tech company.