SE earnings date November 2026: Sea Limited reported third-quarter results on November 10, 2026, before the US market opened, and the stock traded as much as 10.53% below its November 9 close in pre-market trading before it came back.
The release landed before the bell and the shares opened down, then ran back up. At 8:41 a.m. PT they were at $79.87, 2.45% above the $77.96 close on November 9, and the session was still running.
When does SE report earnings?
Sea Limited reported on November 10, 2026, before the US market opened, which is the date carried by the scan row in our 6:33 a.m. PT scan with 0 days left on it.
The company scheduled the release for before the open and held a conference call at 7:30 a.m. ET the same morning. Our table still carries the row at rank 27 of 50 this morning, because the scan runs before the session does.
What Sea Limited printed in Q3 2026
GAAP revenue was $8.6 billion, up 43.4% from $6.0 billion a year earlier, and gross profit was $3.9 billion, up 51.4%. Net income was $502.5 million, up 34.0%, and adjusted EBITDA was $931.3 million, up 28.9%.
On the number that missed, the street wanted $0.99 of adjusted earnings per share and Sea delivered $0.78, a 21 cent shortfall. Revenue beat, at $8.6 billion against an $8.1 billion estimate.
The shape of the quarter is where the AI and credit cost lines show up. Operating expenses rose 54.1% to $3.27 billion, and the provision for credit losses rose 82.3% to $681.5 million, which is how a fast-growing lending book gets expensive before it gets profitable.
Shopee did the heavy lifting with $6.1 billion of revenue, up 41.3%, gross merchandise volume of $39.7 billion, up 23.3%, and core marketplace revenue of $4.6 billion, up 50.6%. The board also authorized another $1 billion of share repurchases.
Nine-month revenue was $23.47 billion against $16.09 billion a year earlier, and nine-month net income was $1.40 billion against $1.20 billion.
What the print did to the price
The reaction was violent and it has already changed direction. In pre-market trading the shares fell to $69.75, 10.53% below the $77.96 close on November 9, before recovering to $80.00 by the time the bell rang.
The regular session opened at $79.75, traded as low as $77.73, and ran as high as $85.16, which is 9.24% above the prior close. At 8:41 a.m. PT it was at $79.87, up 2.45%.
Before the print the stock had been recovering. Sea closed at $97.50 on October 15, the high close of the month, and fell to $74.01 on October 26, then worked back to $75.73 on November 6 and $77.96 on November 9, up 2.94% on that day and 3.29% on the week.
So the print landed on a name already 18.69% down over the month, with a 14.6% move priced into the next three days and an implied volatility of 201.7, the widest on our whole table.
Was the move the print or the sector?
The move is Sea's own. Every other China listing we track was lower at 8:41 a.m. PT: BIDU fell 2.37%, BILI 0.87%, JD 0.85%, IQ 2.57%, MOMO 3.33%, TCEHY 0.77% and TME 1.23%.
The consumer names were lower too, with DIS down 0.84%, and the hardware group that reports on November 12 was mixed rather than collapsing, with AMAT down 0.39% and CSCO down 0.62%. Nothing else on the table was up except SE itself.
Sea Limited confirmed the release itself on November 10, the move is large enough against the 14.6% the options priced over three days, and the rest of its own group went the other way. That is three checks passed, and it is why this page can say the print caused the move rather than merely coincided with it.
What was priced in before the print
The row carried implied volatility of 201.7, the widest of the 50 names on our table, on a $11.60 straddle running three days.
Around the $79.50 scan price that is a band of $67.89 to $91.11 over three days, $61.78 to $97.22 over seven and $54.44 to $104.56 over fourteen.
The pre-market low of $69.75 sat inside the three-day band and above the seven-day floor, and the $85.16 session high sat inside the seven-day band. The market paid for a move and got one, on both sides.
The book going in was one of the most one-sided on the table: 28 analysts, 5 strong buys, 21 buys, 2 holds and no sells, which is 92.9% on the buy side. That is the sixth highest share of the 50, behind VNET and TCEHY at 100%, BILI at 96.8%, AVGO at 96.1% and NVDA at 93.5%.
The score was 73 at rank 27 of 50: 25 points for analyst coverage, 23.2 for buy-side conviction, 10 for the 5 strong buys, 15 for the fourteen-day implied move and nothing at all for earnings sentiment, which read Negative. That last column is the one the print settled.
Two things are worth watching from here. The first is the book, because a 21 cent miss on a quarter with 92.9% of the ratings on the buy side is where those ratings get tested, and we do not publish revised estimates we cannot source.
The second is the price, because the three-day band still runs from $67.89 to $91.11 around the scan price, and where Sea closes is what the next morning's row is built on.
- Reported November 10, 2026, before the US open, with 0 days left on the row in the 6:33 a.m. PT scan.
- GAAP revenue $8.6 billion, up 43.4%, gross profit $3.9 billion and net income $502.5 million, up 34.0%.
- Adjusted EPS $0.78 against a $0.99 consensus, a 21 cent miss, while revenue of $8.6 billion beat the $8.1 billion estimate.
- Adjusted EBITDA $931.3 million, up 28.9%, with operating expenses up 54.1% and credit-loss provisions up 82.3%.
- Pre-market low $69.75, 10.53% below the $77.96 close on November 9, recovering to $80.00 before the open.
- Session open $79.75, high $85.16, and $79.87 at 8:41 a.m. PT, 2.45% above the November 9 close.
- Every China listing we track was lower at the same moment, from TCEHY at 0.77% to MOMO at 3.33%.
- Implied volatility of 201.7 on the row, the widest of the 50, with 28 analysts and 92.9% on the buy side.
The row behind this page is rebuilt at 6:33 a.m. PT every morning, and every row we publish is written out at our open data.
So SE earnings date November 2026 is a print that missed on adjusted earnings by 21 cents, beat on revenue by half a billion dollars, and met the widest implied volatility on our table on a stock that was already 18.69% down for the month.
Whether that is a trade is a decision the reader makes, and this page does not make it for them.
Questions on Sea Limited after the November 10 print
When did Sea Limited report earnings?
On November 10, 2026, before the US market opened, on the date carried by the scan row with 0 days left on it. The company held a conference call at 7:30 a.m. ET the same morning.
What happened to SE stock after the earnings report?
It fell to $69.75 in pre-market trading, 10.53% below the $77.96 close on November 9, then recovered to $80.00 before the bell. The session opened at $79.75, ran as high as $85.16, and was at $79.87 at 8:41 a.m. PT, up 2.45%. The session had not closed when this page was written.
Is SE in the scanner table now?
It was on our table this morning at rank 27 of 50 with 0 days left on it, because the 6:33 a.m. PT scan runs before the session opens. The name drops off the table once the event has passed, so this is the last morning the row appears on this print.
