Back to top

Image: Bigstock

Compared to Estimates, Sea Limited (SE) Q3 Earnings: A Look at Key Metrics

Read MoreHide Full Article

Sea Limited Sponsored ADR (SE - Free Report) reported $8.63 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 39.9%. EPS of $0.94 for the same period compares to $0.78 a year ago.

The reported revenue represents a surprise of +3.79% over the Zacks Consensus Estimate of $8.32 billion. With the consensus EPS estimate being $1.04, the EPS surprise was -9.62%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Sea Limited performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Gross GMV - Shopee: $39.7 million versus the two-analyst average estimate of $40.09 million.
  • Quarterly active users - Garena: 672 compared to the 675 average estimate based on two analysts.
  • Gross Orders - Shopee: 4.5 billion versus the two-analyst average estimate of 4.4 billion.
  • Bookings - Garena: $890 million versus $819.88 million estimated by two analysts on average.
  • Quarterly paying users - Garena: 69 versus 67 estimated by two analysts on average.
  • Revenue- Other Services: $47.63 million versus $52.21 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.8% change.
  • Revenue- Garena: $840.11 million versus $755.39 million estimated by two analysts on average.
  • Revenue- Monee: $1.62 billion versus the two-analyst average estimate of $1.54 billion.
  • Revenue- Shopee: $5.32 billion versus $5.9 billion estimated by two analysts on average.
  • Adjusted EBITDA- Other Services: $-83.88 million versus $-50.17 million estimated by two analysts on average.
  • Adjusted EBITDA- Unallocated expenses: $-10.43 million compared to the $-5.03 million average estimate based on two analysts.
  • Adjusted EBITDA- Garena: $458.16 million versus $459.98 million estimated by two analysts on average.

View all Key Company Metrics for Sea Limited here>>>

Shares of Sea Limited have returned -18.7% over the past month versus the Zacks S&P 500 composite's -3.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Published in