SEA (NYSE:SE) Issues Quarterly Earnings Results, Misses Estimates By $0.10 EPS

SEA (NYSE:SE) announced its quarterly earnings data on Tuesday. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.10), FiscalAI reports. SEA had a return on equity of 15.20% and a net margin of 6.93%.The firm had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $6.46 billion. During the same quarter last year, the business earned $0.65 earnings per share. The business’s revenue for the quarter was up 46.6% compared to the same quarter last year.

Here are the key takeaways from SEA’s conference call:

• Sea delivered a very strong Q1 2026, with revenue up 47% year over year to $7.1 billion and adjusted EBITDA topping $1 billion for the first time. Management said it is leaning into growth investments while still maintaining financial discipline.
• Shopee posted record results, with GMV rising 30%, gross orders up 29%, and adjusted EBITDA of $223 million. Monetization improved meaningfully, helped by an 80% jump in ad revenue, faster buyer growth, and stronger engagement from Shopee VIP and content-led shopping.
• Sea is seeing encouraging momentum in logistics and fulfillment, including faster delivery times, lower delivery costs for instant services, and broader adoption of same-day and next-day options. Brazil and Taiwan were highlighted as key areas of expansion, with Brazil remaining profitable while the company continues to build out fulfillment infrastructure.
• SeaMoney continues to scale rapidly, with loan principal outstanding reaching $9.9 billion, up more than 70% year over year, while 90-day NPLs stayed stable at 1.1%. Growth is being driven by deeper penetration with existing users, expansion into off-Shopee use cases, and strong traction in Brazil.
• Garena had its best quarter since 2021, as bookings rose 20% and adjusted EBITDA increased 25% year over year. Free Fire and Arena of Valor both benefited from successful content collaborations and seasonal events, and management said it expects continued strong full-year bookings growth.

SEA Stock Performance

Shares of SE traded up $10.19 during trading hours on Tuesday, reaching $95.06. 8,757,198 shares of the company’s stock traded hands, compared to its average volume of 5,317,827. The business’s fifty day simple moving average is $86.21 and its two-hundred day simple moving average is $114.63. The firm has a market capitalization of $58.09 billion, a price-to-earnings ratio of 37.55, a P/E/G ratio of 0.89 and a beta of 1.57. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.57. SEA has a twelve month low of $77.05 and a twelve month high of $199.30.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Sea reported first-quarter revenue of $7.1 billion, topping analyst estimates and showing continued rapid growth across its business. Sea Limited Reports First Quarter 2026 Results
• Positive Sentiment: The company also posted net income of $438.2 million and adjusted EBITDA of about $1.0 billion, reinforcing that growth is still being backed by solid operating performance. Sea Limited Reports First Quarter 2026 Results
• Neutral Sentiment: Sea’s earnings per share missed estimates at $0.67 versus the $0.77 consensus, which tempers an otherwise strong report. Sea (NYSE:SE) Delivers Strong Q1 CY2026 Numbers, Stock Soars
• Neutral Sentiment: Several insider sales were disclosed, including transactions by COO Gang Ye and insiders Jingye Chen and Yanjun Wang, but the sales were relatively small compared with their remaining holdings.
• Negative Sentiment: The EPS miss may limit upside if investors become more focused on profitability execution rather than just top-line growth. Sea Limited shares rise on strong revenue beat

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SE. Bank of America restated a “buy” rating and set a $125.00 price objective on shares of SEA in a research note on Monday, March 9th. Sanford C. Bernstein dropped their target price on SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. Morgan Stanley set a $121.00 target price on SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. Barclays dropped their target price on SEA from $226.00 to $120.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Finally, JPMorgan Chase & Co. dropped their target price on SEA from $170.00 to $168.00 and set an “overweight” rating on the stock in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $161.66.

Insider Transactions at SEA

In related news, Director David Y. Ma sold 176,719 shares of SEA stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $87.56, for a total transaction of $15,473,515.64. Following the transaction, the director directly owned 895,364 shares of the company’s stock, valued at $78,398,071.84. The trade was a 16.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 1,568,052 shares of company stock valued at $137,823,797. Corporate insiders own 0.22% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SE. Zions Bancorporation National Association UT grew its holdings in SEA by 539.6% during the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after acquiring an additional 259 shares during the period. Cloud Capital Management LLC increased its stake in SEA by 8.0% in the 4th quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore’s stock worth $255,000 after purchasing an additional 148 shares in the last quarter. Oarsman Capital Inc. increased its stake in SEA by 89.0% in the 4th quarter. Oarsman Capital Inc. now owns 2,124 shares of the Internet company based in Singapore’s stock worth $271,000 after purchasing an additional 1,000 shares in the last quarter. Gen Wealth Partners Inc increased its stake in SEA by 328.6% in the 4th quarter. Gen Wealth Partners Inc now owns 2,829 shares of the Internet company based in Singapore’s stock worth $361,000 after purchasing an additional 2,169 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its stake in SEA by 11.1% in the 4th quarter. Arkadios Wealth Advisors now owns 3,221 shares of the Internet company based in Singapore’s stock worth $411,000 after purchasing an additional 322 shares in the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.

SEA Company Profile

Sea Limited (NYSE: SE) is a Singapore-based consumer internet company that operates a trio of interconnected businesses across digital entertainment, e-commerce and digital financial services. Founded in 2009 as Garena and later rebranded as Sea, the company is headquartered in Singapore and listed on the New York Stock Exchange. Sea positions itself as a technology platform focused on enabling online consumers, merchants and developers primarily across Southeast Asia and adjacent markets.

Sea’s digital entertainment arm, Garena, is a game developer and publisher that also organizes esports initiatives and operates online gaming platforms.