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E-commerce and gaming company Sea (NYSE:SE) announced better-than-expected revenue in Q1 CY2026, with sales up 42.8% year on year to $7.31 billion. Its non-GAAP profit of $0.81 per share was 5.1% above analysts’ consensus estimates.
Forrest Li: Hello, everyone, and thank you for joining today's call. As we have shared before, 2026 is a year where we are leaning into growth investments to deepen our competitive moat while maintaining financial discipline. Starting with Shopee, Shopee delivered another record second quarter, achieving new highs in GMV, gross order volumes and revenue.
SEA (NYSE:SE) reported a sharp increase in first-quarter 2026 revenue and crossed $1 billion in adjusted EBITDA for the first time, as growth in its e-commerce and financial services businesses offset continued investment across key initiatives. Chairman and Chief Executive Officer Forrest Li said
MELI's Q1 growth gets overshadowed by margin pressure, rising credit risks and aggressive spending, driving MELI shares sharply downward.
SE's Q1 revenues jump 46.6% on Shopee and Monee growth, but higher costs and credit provisions pressure margins and earnings.
E-commerce and gaming company Sea (NYSE:SE) will be reporting earnings this Tuesday morning. Here’s what to expect.
Sea Ltd (SE) reports a robust 47% revenue growth, driven by Shopee's marketplace success and Garena's strong performance, while navigating macroeconomic challenges.
Forrest Li: Hello, everyone, and thank you for joining today's call. As we have shared before, 2026 is a year where we are leaning into growth investments to deepen our competitive moat while maintaining financial discipline. Starting with Shopee, Shopee delivered another record second quarter, achieving new highs in GMV, gross order volumes and revenue.
Sea (SE) on Tuesday reported first-quarter revenue above market estimates as the Shopee parent saw g
SE faces rising costs and loan-loss provisions ahead of Q1 results, even as Shopee's GMV and ad growth remain strong.
MELI faces margin pressure ahead of Q1 results as logistics, fintech and free shipping investments weigh on profitability.