Earnings ·
Sea reports Q3 net income of $502.5M, adds $1B to share buyback program
SESea Ltd
Sea Limited reported third-quarter 2026 GAAP revenue of US$8.6 billion, up 43.4% year-on-year, and net income of US$502.5 million, a 34.0% increase from the prior year period. Adjusted EBITDA rose 28.9% to US$931.3 million, driven by strong performance across its e-commerce, financial services, and digital entertainment segments. The company also announced that its board of directors approved an additional US$1.0 billion authorization for its share repurchase program, bringing the total available capacity to US$2.0 billion. Sea Limited is a global technology company operating in e-commerce, digital financial services, and digital entertainment.