SBET - NASDAQ
Sharplink, Inc.
$5.81
-4.6%SharpLink Gaming Ltd. operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. It operates through Affiliate Marketing Services United States, Sports Gaming Client Services, Enterprise Telecom Expense Management, and Affiliate Marketing Services International segments. The company collects information on potential U.S. domiciled sports bettors, connects them with contextual sports betting content, and converts them to paying sports betting customers, as well as offers sports betting data to sports media publishers. It also provides development, hosting, operations, maintenance, and service of free-to-play games and contests; and solutions for telecommunications expense management, enterprise mobility management, call usage, and accounting software, as well as iGaming and affiliate marketing network, which focuses on delivering quality traffic and player acquisitions, and retention and conversions to global iGaming operator partner worldwide. The company was founded in 2019 and is headquartered in Minneapolis, Minnesota.
At a Glance
Live SnapshotSharplink, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
Sharplink, Inc. Income Statement
SBET • NASDAQ
| Sharplink, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
28.1M | 3.7M | 5M | 3.5M | 2.6M | 2.3M | 2.4M | 5.9M | 8.6M | 14.1M | 14.7M | 7.1M | 12.5M | 13.1M | 12M | 11.6M | 11.4M | 8.8M | 9.3M | 10.5M | |
GROSS PROFIT | ||||||||||||||||||||
(1.9M) | (2.8M) | (3.4M) | (2.2M) | (2.9M) | (1.9M) | (2M) | (2.1M) | (3.5M) | (6.9M) | (8.4M) | (2.9M) | (4M) | (4.5M) | (3.9M) | (4.2M) | (3.8M) | (2.3M) | (2.7M) | (3.4M) | |
26.2M | 906.3K | 1.5M | 1.3M | -299.4K | 423.7K | 361.5K | 3.7M | 5.1M | 7.1M | 6.3M | 4.2M | 8.4M | 8.6M | 8.1M | 7.4M | 7.7M | 6.4M | 6.6M | 7.1M | |
OPERATING INCOME | ||||||||||||||||||||
(58.9M) | (5.7M) | (10.4M) | (15.6M) | (33.2M) | (1.6M) | (743.3K) | (4.5M) | (7M) | (8.6M) | (7.5M) | (5.7M) | (6.7M) | (6.6M) | (7.7M) | (7.1M) | (8.4M) | (7.7M) | (12.1M) | (9.4M) | |
(58.9M) | (0.0) | (0.0) | (10.9M) | (9.9M) | (1.6M) | (743.3K) | (3.7M) | (4.8M) | (5.8M) | (5.7M) | (4.3M) | (5.4M) | (5.3M) | (5.8M) | (5.6M) | (6.5M) | (5M) | (7.2M) | (5.7M) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (825K) | (2.1M) | (2.8M) | (1.8M) | (1.4M) | (1.4M) | (1.3M) | (1.9M) | (1.5M) | (1.9M) | (2.7M) | (2.6M) | (3.6M) | |
-32.7M | -4.8M | -8.9M | -14.3M | -33.5M | -1.2M | -381.8K | -1.1M | -1.8M | -5.7M | -4.5M | -1.6M | 1.6M | 2M | 397K | 223K | -826K | -852K | -5.8M | -2.1M | |
PRE-TAX INCOME | ||||||||||||||||||||
(0.0) | (324.5K) | (1.2M) | (109.2K) | (0.0) | (1.4K) | (20K) | (0.0) | (0.0) | (0.0) | (177K) | (80K) | (73K) | (0.0) | -84K | (0.0) | (31K) | (0.0) | (105K) | (54K) | |
447K | -264.2K | -1.1M | -75.8K | 29.1K | 22.1K | -4.3K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
(0.0) | (5.7M) | (10.4M) | (4.7M) | (23.3M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (2.3M) | (0.0) | |
-700.7M | 289.1K | -2.3M | 174.2K | 29.1K | 68.6K | -4.3K | 46K | 1.4M | 27K | -177K | -80K | 61K | 60K | 84K | 68K | -94K | 0.0 | 92K | -213K | |
-733.5M | -4.5M | -11.2M | -14.1M | -33.5M | -1.1M | -386K | -840K | -1.7M | -5.7M | -4.7M | -1.6M | 1.8M | 2.1M | 481K | 291K | -857K | -852K | -5.7M | -2.3M | |
NET INCOME | ||||||||||||||||||||
(1M) | -232.0 | (15.7K) | -13K | (4.2K) | (970.0) | -79.9K | (46K) | -9K | -507K | (194K) | (54K) | (435K) | (736K) | (10K) | (47K) | (20K) | (108K) | -68K | (118K) | |
-734.6M | 10.1M | -14.2M | -15.2M | -55.6M | -1.1M | -306.2K | -886K | -1.7M | -5.2M | -4.9M | -1.7M | 1.3M | 1.4M | 471K | 244K | -877K | -960K | -5.6M | -2.4M |
SEC Filings
SBET - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 11, 2026 | May 11, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 14, 2026 | April 10, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 03, 2026 | April 03, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 17, 2026 | March 17, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 09, 2026 | March 09, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 09, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 19, 2026 | February 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 03, 2026 | February 02, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 17, 2025 | December 15, 2025 | 2025 |
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