Sea releases transcript of Q2 2026 earnings call
Reuters2026/08/11 12:40- Sea’s Q2 2026 earnings call drew Chairman and CEO Forrest Li, President Chris Feng, CFO Tony Hou, IR’s KC.
- Revenue hit USD 7.8 billion, up 48% year-on-year; adjusted EBITDA totaled USD 917 million, up 11%.
- Shopee GMV rose 28% to USD 38.3 billion; gross orders climbed 27% to 4,200,000,000; adjusted EBITDA reached USD 255 million.
- Management flagged Shopee ad revenue up over 70%; ShopeeVIP membership topped 15 million; full-year adjusted EBITDA target set at USD 1 billion.
- Monee loan book reached USD 11.1 billion, up 62%; 90-day NPL ratio held at 1%; Garena bookings increased 15% to USD 764 million.
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