Sea Limited stock: Q3 growth meets new buyback push

Published on 11/14/2026 at 11:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sea Limited stock drew attention after third-quarter revenue rose 43.4% year over year. The board approved another 1 billion US dollar repurchase authorization.

What shaped Sea Limited this week

Shopee, Monee and Garena all contributed to quarterly growth.
Sea is nearing completion of its existing share repurchase authorization.
Higher credit-loss provisions remain an important risk factor for the lending business.

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Sea Limited reported strong third-quarter growth on Tuesday, November 10, according to the Financial Times company announcement. Revenue increased 43.4% year over year to 8.6 billion US dollars for the quarter ended September 30, 2026. Net income rose 34.0% to 502.5 million US dollars, while adjusted EBITDA advanced 28.9% to 931.3 million US dollars.

Growth across core businesses

Shopee revenue climbed 41.3% to 6.1 billion US dollars, supported by gross merchandise volume of 39.7 billion US dollars. Monee revenue increased 63.9% to 1.6 billion US dollars, although provisions for credit losses rose 82.3% to 681.5 million US dollars. Garena revenue grew 28.6% to 840.1 million US dollars, with bookings up 5.9%.

Sea Limited stock traded at 68.20 euros on Lang & Schwarz at 11:33 CET on Saturday, November 14.

Buyback adds capital-return support

On Monday, November 9, the board approved an additional 1 billion US dollars for the company's share repurchase authorization without an expiration date. Sea said it had repurchased 11.1 million shares for 997.2 million US dollars under the existing program as of November 10.

The buyback increases the potential for further capital returns, while the credit-loss increase keeps risk management central to the outlook for Monee. Investors will also watch whether Shopee can sustain its growth while maintaining improving profitability.