SE's last five earnings reactions
| Report | Options priced | Close move | Peak move | Held or faded? |
|---|---|---|---|---|
| Mar 3, 2026 | ±12.0% | -16.5% | -26.8% | held |
| Nov 11, 2025 | ±11.6% | -8.2% | -8.9% | held |
| Aug 12, 2025 | ±10.8% | +19.1% | +21.7% | held |
| May 13, 2025 | ±9.0% | +8.2% | +9.2% | held |
| Mar 4, 2025 | ±12.4% | +7.1% | +8.7% | held |
"Options priced" is the implied move going into the report; "close" and "peak" are the earnings-day close-to-close and peak intraday moves. "Faded" = the close gave back more than half of the peak, or reversed sign. Full implied-vs-actual history and the live implied move: SE data page.
What SE did in the weeks after each report
The earnings-day close is only the start. DriftLab follows every Sea Ltd release out to sixty sessions, measured off the last close before the print — here are the two most recent, exactly as members see them; in 10 of the last 15 reports the stock was further in the direction of its earnings-day close thirty sessions later.
| Report | Reaction close | +3d | +7d | +15d | +30d | +60d | Drift |
|---|---|---|---|---|---|---|---|
| Mar 3, 2026 | -16.5% | -12.6% | -19.1% | -25.6% | -14.1% | -12.6% | high |
| Nov 11, 2025 | -8.2% | -9.2% | -15.5% | -12.9% | -18.6% | -29.8% | high |
| Aug 12, 2025 | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮▮ |
| May 13, 2025 | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮▮ |
| Mar 4, 2025 | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮.▮% | ▮▮▮ |
Why "good earnings" can still mean a red day
Before the report, options price the size of the expected move — the implied move — and the stock itself is priced for the market's expectations of results and guidance. The reaction is not to the numbers in isolation but to how they compare with what was already priced. That is why SE can beat estimates and fall, or miss and rise; and why the honest question is not "were the numbers good?" but "how far did the stock move against what options priced, and did it hold?" — which is what the season tracker follows for every notable name.
Frequently asked questions
Will SE stock go up after earnings?
Nobody can know in advance. What history says: over 16 tracked reports Sea Ltd closed higher on earnings day 10 times and lower 6 times, with an average close move of ±15.2%. The options market prices the expected size of the move, not its direction.
Why does SE stock drop (or jump) after earnings even on good numbers?
Because the stock is priced for expectations, not results. Options price a move of a certain size beforehand; the reaction reflects how results and guidance compare with what was already priced in, plus the unwinding of positioning around the event. A beat can still be a disappointment relative to expectations.
Does SE's earnings move usually hold or fade?
In 2 of 16 tracked reports the earnings-day peak faded meaningfully into the close. Whether the move continues over the following days is what EarningsWatcher's DriftLab measures for members (follow-through, gap-fill probability, post-earnings drift).
How much does SE usually move on earnings?
On average about ±15.7% at the peak of earnings day over the last 10 years, with an average close-to-close move of ±15.2% across the tracked reports on this page.