Sea third quarter revenue jumps 43 percent on Shopee, Monee

Sea Limited reported third quarter GAAP revenue of 8.6 billion dollars, up 43.4 percent year on year, with net income of 502.5 million dollars, up 34.0 percent, in results released on Tuesday.

Why it matters: Sea is Southeast Asia's largest consumer internet group, and growth this fast at Shopee and at its Monee lending arm, with loan balances up 60 percent, is a live read on regional consumer spending and credit appetite.

Data as of Sea Limited third quarter 2026 results release for the quarter ended September 30, 2026, read in full on Business Wire; every figure is from the company's own release. Dow Jones reported the profit beat market expectations. Developing item.

Sea Limited, the Singapore based owner of Shopee, Monee and Garena, reported third quarter revenue of 8.6 billion dollars, up 43.4 percent year on year, and net income of 502.5 million dollars, up 34.0 percent, with adjusted EBITDA up 28.9 percent to 931.3 million dollars. Shopee gross merchandise value rose 23.3 percent to 39.7 billion dollars and its revenue rose 41.3 percent to 6.1 billion dollars, while Monee revenue rose 63.9 percent to 1.6 billion dollars as consumer and SME loan principal outstanding reached 12.6 billion dollars, up 60.0 percent.

The board on November 9 approved an additional 1.0 billion dollars to the company’s share repurchase authorization, with no expiration. Dow Jones reported the profit figures beat market expectations.

Sea third quarter revenue jumps 43 percent on Shopee, Monee

Sources