Sea Limited Shares Surge on Strong Q2 Revenue Beat

Sea Limited shares surged on Tuesday, August 11, 2026, after the Singapore-based technology company reported quarterly revenue that significantly exceeded Wall Street expectations, reigniting investor enthusiasm for its growth story. The stock climbed more than 13% in midday trading, building on a premarket gain of over 6%.

The rally followed the company's announcement of second-quarter 2026 results, which showed revenue of $7.8 billion. This figure surpassed the analyst consensus range of $7.09 billion to $7.34 billion and represented a year-over-year increase of approximately 48%. CEO Forrest Li stated that the company's strong momentum from the first quarter continued into the second, with its e-commerce platform Shopee achieving record highs in gross merchandise value, gross order volume, and total revenue.

While the revenue beat was substantial, adjusted earnings per share came in at $0.70, missing the consensus estimate of $0.86. Some analysts noted that the shortfall appeared to be driven by intentional reinvestment rather than operational weakness. Adjusted EBITDA for the quarter was $917.2 million, which, while strong, fell sequentially from the first quarter when it...