Saturday 17 October 2026 Export SBET’s income statement to Excel — free account

Sharplink Inc

Sharplink Inc’s revenue for fiscal 2025 (year ended December 2025) was $28.1 million, up 666.1% from fiscal 2024. In the quarter to June 2026, revenue grew 1,554.0%, EPS grew 56.0% and free cash flow fell 339.6%, each against the same quarter a year earlier.

7.57 0.61 −7.46%

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Market cap: $1.8B
P/E: 0.0×
Fwd P/E: −1.6×
Dividend yield: —
F-score: 3/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 47.93

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	1	—	3	—	—	—	—	1

Insider Ownership 3.33%

Capital & Financial Ratios $m

Market Cap 1,780.00

Revenue 50.20

Net Income (1,709.95)

Free Cash Flow (33.20)

Net Debt (56.19)

Current Ratio 10.45

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E (1.64)

P/S ratio 31.63

P/B ratio 1.13

Past 5Y EPS Growth —

This Y EPS Growth 31.14%

Next Y EPS Growth 101.97%

Next Y revenue growth 67.71%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 77.52%

10-year low 10-year high

P/B against its own 10 years 22.11%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	2	1	30	56
Receivables	0	1	0	0
Inventory	—	—	—	—
Other	—	—	—	—
	71	3	31	57

	2023	2024	2025	Q'26
Payables	1	0	13	—
ST’ Debt	5	—	—	—
Other	—	—	—	—
	79	0	13	5

Compound Annual Growth %

	10y	5y	3y
Sales	6.67%	65.22%	100.32%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	81.75%	347.00%	832.16%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	12	12	—	—	—
’25	1	1	11	16	28
’24	1	1	1	1	4
’23	1	1	1	1	5
’22	2	4	1	(1)	3
’21	—	2	—	3	3
’20	1	1	—	—	2

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(11)	(7)	—	—	—
’25	(1)	(2)	(6)	(9)	(18)
’24	(19)	(2)	(1)	(1)	(23)
’23	(15)	3	18	(6)	1
’22	(2)	(1)	(2)	0	(6)
’21	—	(2)	—	(4)	(6)
’20	—	—	—	—	(1)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(11)	(7)	—	—	—
’25	(1)	(2)	(6)	(9)	(18)
’24	(19)	(2)	0	(1)	(23)
’23	(15)	3	18	(6)	0
’22	(2)	(1)	(2)	0	(6)
’21	—	(2)	—	(4)	(7)
’20	—	—	—	—	(1)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(3.25)	(1.88)	—	—	—
’25	(1.84)	(4.27)	0.62	(1.88)	(7.37)
’24	40.34	(1.92)	(3.00)	(13.34)	27.49
’23	(12.00)	(14.89)	(11.88)	(23.26)	(62.06)
’22	(35.80)	(0.50)	(10.41)	(2.84)	(74.43)
’21	—	(2.67)	—	(1.56)	(472.99)
’20	(2.40)	(26.41)	—	—	(12.72)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	496.80	314.40	237.60	172.80	180.00	253.20	30.00	14.16	4.92	2.28	Analyst estimates 2026–2028 Powerpack
	High	1,044.00	1,077.60	1,548.00	638.40	571.20	2,145.60	334.80	132.00	26.16	124.12
People
People	Employees	82	65	39	34	24	53	62	51	51	15
	Revenue/emp, $m	0.17	0.10	0.15	0.15	0.09	0.05	0.06	0.10	0.07	1.87
Income, $m
Income, $m	Revenue	14	7	6	5	2	3	3	5	4	28
	Gross margin, %	50.80	69.61	63.33	64.24	18.59	(11.36)	37.71	30.95	24.74	93.22
	EBT	(6)	0	(1)	0	(1)	(33)	(14)	(11)	(4)	(733)
	EBT margin, %	(40.57)	(6.07)	(14.33)	(3.62)	(49.94)	(1,269.66)	(404.27)	(226.80)	(122.17)	(2,614.40)
	Net income	(5)	0	(1)	0	(1)	(56)	(15)	(11)	(4)	(735)
	Depreciation	6	0	0	0	0	0	1	1	0	0
Per share, $
Per share, $	Revenue	1,201.03	541.84	409.86	248.47	25.46	22.13	16.84	21.53	12.76	0.28
	Earnings	(446.62)	(141.66)	(81.63)	(7.20)	(12.72)	(472.99)	(74.43)	(62.06)	35.17	(7.37)
	Cash flow	(62.05)	(33.76)	(107.76)	(3.06)	(8.59)	(50.97)	(28.64)	2.53	(79.52)	(0.18)
	Capex	(43.50)	(4.00)	(0.98)	(2.87)	(6.60)	(3.88)	(0.15)	(1.24)	0.52	0.00
	Free cash flow	(105.56)	(37.76)	(108.74)	(5.93)	(15.19)	(54.85)	(28.79)	1.29	(79.00)	(0.18)
	Book value	158.97	136.96	168.04	148.56	15.15	119.16	14.41	(40.87)	7.26	24.26
	Shares, m	0	0	0	0	0	0	0	0	0	100
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.22	0.00
	P/S	0.61	1.02	221.60	0.99	1.87	1,136.89	1.57	0.89	0.60	31.78
	P/B	4.57	4.03	661.56	1.67	2.78	501.19	2.84	0.00	1.06	0.37
	EV/Sales	0.45	0.69	221.25	0.38	1.31	1,135.67	1.81	1.70	1.98	30.92
	EV/FCF	(6.80)	(3.32)	(1,122.57)	(1.29)	(4.01)	(989.41)	(1.64)	28.28	(0.32)	(49.00)
Cash, $m
Cash, $m	Operating cash flow	(1)	0	(2)	0	(1)	(6)	(6)	1	(23)	(18)
	Capex	(1)	0	0	0	(1)	0	0	0	0	0
	Free cash flow	(1)	0	(2)	0	(1)	(7)	(6)	0	(23)	(18)
Balance, $m
Balance, $m	Working capital	(2)	(2)	(1)	0	2	4	(5)	(8)	2	18
	Total debt	—	—	—	—	0	0	3	6	—	—
	Net debt	(2)	(2)	(3)	(3)	(2)	(6)	1	4	(1)	(30)
	Shareholders’ equity	2	2	2	3	1	14	3	(9)	2	2,419
Returns, %
Returns, %	ROA	(30.43)	(16.89)	(14.47)	(1.73)	(18.55)	(451.74)	(35.61)	(20.97)	27.35	(60.35)
	ROIC	0.00	0.00	0.00	0.00	0.00	(252.47)	(208.15)	0.00	(461.53)	(19.20)
	ROE	(130.38)	(98.99)	(57.00)	(4.93)	(52.01)	(726.03)	(177.54)	445.22	(275.86)	(60.68)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MIAX Miami International Holdings, Inc.	$3.1B	26.0×	15.2×	+18.26% (above 0%: growing)	+26.97% (above 0%: growing)	+162.65% (above 0%: growing)	36.40%	7.17%	Compare
PURR Hyperliquid Strategies Inc	$2.7B	— (loss-making)	— (loss-making)	+6,940.21% (above 0%: growing)	n/m	−6,672.51% (below 0%: shrinking)	100.00%	7,380.58%	Compare
CLSK Cleanspark, Inc.	$2.4B	— (loss-making)	— (loss-making)	−30.53% (below 0%: shrinking)	n/m	+202.37% (above 0%: growing)	38.06%	(168.40%)	Compare
ETOR eToro Group Ltd.	$2.0B	7.9×	13.7×	−23.93% (below 0%: shrinking)	+71.05% (above 0%: growing)	−32.39% (below 0%: shrinking)	15.03%	4.80%	Compare
SBET Sharplink Inc	$1.8B	— (loss-making)	— (loss-making)	+1,553.95% (above 0%: growing)	n/m	−339.59% (below 0%: shrinking)	97.76%	(3,413.02%)
TOP TOP Financial Group Limited	$1.6B	155×	—	—	n/m	+141.67% (above 0%: growing)	83.91%	(35.94%)	Compare
PWP Perella Weinberg Partners	$1.3B	41.5×	— (loss-making)	+0.81% (above 0%: growing)	+75.00% (above 0%: growing)	−14.77% (below 0%: shrinking)	25.96%	3.23%	Compare
GOLD Gold.com Inc.	$1.2B	13.0×	13.6×	+99.24% (above 0%: growing)	0.00%	+1,587.91% (above 0%: growing)	2.20%	0.53%	Compare
OPY Oppenheimer Holdings, Inc.	$1.1B	10.3×	— (loss-making)	+21.89% (above 0%: growing)	+23.79% (above 0%: growing)	−246.51% (below 0%: shrinking)	98.25%	21.20%	Compare
Median of peers	$1.8B	19.5×	13.7×	+18.26%	+26.97%	+63.45%	37.23%	4.02%

All 93 Capital Markets stocks →

Sharplink Inc (SBET) key facts

Strength: Sharplink Inc’s revenue for fiscal 2025 (year ended December 2025) was $28.1 million, up 666.1% from fiscal 2024.
Sharplink Inc (SBET) is a Capital Markets company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, SBET traded at $7.57, a market capitalization of $1.8 billion.
Return on equity was −60.7% and debt-to-equity 0.00.
Its Piotroski F-score is 3 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.