Sea Limited stock gets fresh support from Q3 growth and buyback

Sea Limited reported strong third-quarter growth across its three core businesses on November 10, 2026, and expanded its share repurchase authorization. The company release, published by Business Wire, said GAAP revenue reached 8.582 billion US dollars for the quarter ended September 30, up 43.4 percent year on year.

Sea Limited stock traded at 66.80 euros on Lang & Schwarz at 17:10 CET on Wednesday, November 11, 2026. Compared with the 70.20 euro quote in the latest previous report at 14:12 CET the same day, the difference was 4.84 percent.

Operating Growth Remains Broad

Gross profit rose 51.4 percent to 3.935 billion US dollars, while net income increased 34.0 percent to 502.5 million US dollars. Total adjusted EBITDA, a non-GAAP measure, advanced 28.9 percent to 931.3 million US dollars.

Shopee remained the largest business, with revenue up 41.3 percent to 6.070 billion US dollars. Core marketplace revenue, driven mainly by transaction fees and advertising, increased 50.6 percent to 4.600 billion US dollars. Shopee adjusted EBITDA rose 44.7 percent to 269.2 million US dollars.

Monee delivered the fastest revenue growth among the three main segments. Revenue increased 63.9 percent to 1.622 billion US dollars, while adjusted EBITDA rose 15.5 percent to 298.3 million US dollars. The company also reported a higher provision for credit losses, which climbed 82.3 percent to 681.5 million US dollars in the quarter.

Garena revenue advanced 28.6 percent to 840.1 million US dollars. Bookings rose 5.9 percent to 890.0 million US dollars, and adjusted EBITDA increased 45.9 percent to 458.2 million US dollars.

Buyback Expands Capital Returns

Sea said it had repurchased 11.1 million shares for 997.2 million US dollars under its existing 1.0 billion US dollar authorization as of November 10. On November 9, the board approved an additional 1.0 billion US dollars without an expiration date. The timing, amount and method of future purchases will depend on market conditions and other considerations.

US equity-market sentiment remains relevant for Sea Limited stock; investors can follow the S&P 500 for the wider market backdrop.

Further results, management commentary and operating updates are available in More news and analyses on Sea Limited stock.