Sharplink, Inc. SBET R3KFINANCIAL
Company Overview
Sharplink, Inc. engages in the digital asset treasury business in the United States and internationally. The company operates as an institutional-grade Ethereum treasury platform. It operates in two segments, Ether (ETH) Treasury Management and Affiliate Marketing. The ETH Treasury Management segment focuses on the accumulation and active management of ETH as a long-term treasury asset. Its activities include native and liquid staking arrangements executed within a governance, custody, and risk management framework. The Affiliate Marketing segment provides performance-based customer acquisition services to sportsbook and online casino gaming operators. It also drives user traffic and player acquisition for licensed gaming operators through PAS.net, an international affiliate network, as well as a portfolio of U.S. state-specific digital properties. The company was formerly known as SharpLink Gaming, Inc. and changed its name to Sharplink, Inc. in February 2026. The company was founded in 2019 and is headquartered in Miami, Florida.
Why Investors Should Care
Revenue has grown at a 100.3% CAGR over the past five years.
Recent Developments
- Dec 2025 Revenue of $28.05M (+666.1% YoY); net profit $-734.59M.
- Trailing 12 Months Year-on-year growth — revenue +1553.9%.
- 5-Year Trend Long-term compounding — revenue CAGR 100.3%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 100.32% |
| 1 Year: | 1,553.90% |
Stock Price Performance
| 1 Year: | -62.50% |
| 6 Months: | +16.05% |
| 3 Months: | +59.78% |
| 1 Month: | +37.17% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)65.08 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 100.3% over 5 years.
CONS
- Trading 62.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SBET Sharplink, Inc. R3KFINANCIAL | 8.82 | -1.96 | $1.92B | 0.00% | -1.35% | - | 100.32% | - |
| 2 | JPM JPMorgan Chase & Co. SPXR3KFINANCIAL | 353.51 | 15.15 | $939.70B | 1.72% | - | 17.79% | 12.50% | 14.83% |
| 3 | BRK-B Berkshire Hathaway Inc. SPXFINANCIAL | 505.83 | 12.72 | $712.23B | 0.00% | - | 12.12% | 4.18% | 9.44% |
| 4 | V Visa Inc. SPXR3KFINANCIAL | 368.64 | 31.35 | $628.20B | 0.72% | 37.15% | 61.19% | 14.33% | 13.04% |
| 5 | MA Mastercard Incorporated SPXR3KFINANCIAL | 570.89 | 31.44 | $496.37B | 0.62% | 60.19% | - | 12.29% | 19.21% |
| 6 | BAC Bank of America Corporation SPXR3KFINANCIAL | 62.39 | 14.41 | $436.28B | 2.04% | - | 11.20% | 3.14% | 4.27% |
| 7 | BRK-A Berkshire Hathaway Inc. FINANCIAL | 757,791.00 | 12.71 | $370.14B | 0.00% | - | 12.12% | 7.60% | 10.02% |
| 8 | HSBC HSBC Holdings plc FINANCIAL | 106.26 | 15.18 | $363.70B | 3.65% | - | 13.10% | 9.75% | 12.72% |
| 9 | MS Morgan Stanley SPXR3KFINANCIAL | 216.24 | 17.48 | $339.62B | 2.26% | - | 17.97% | 3.76% | 9.66% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.23M | - | - | 975.95K | 981.27K | - | - | 742.00K | 697.29K | 10.84M | 15.77M | 24.06M | - |
| Cost of Revenue | - | - | - | - | - | - | - | 610.00K | 488.20K | 430.57K | 373.29K | 507.10M | - |
| Gross Profit | 390.08K | 401.32K | 390.67K | 287.21K | 280.13K | 172.65K | - | 132.00K | 209.09K | 10.41M | 15.40M | -483.03M | - |
| Operating Expenses | - | - | - | - | - | - | - | 1.06M | 18.71M | 12.18M | 26.96M | 9.88M | - |
| Operating Income | -1.66M | -1.74M | -1.40M | -1.68M | -1.20M | -797.43K | - | -926.00K | -18.50M | -1.76M | -11.56M | -492.91M | -393.45M |
| EBITDA | - | - | - | - | - | - | - | -924.00K | -103.34M | 105.04M | -734.25M | -492.91M | - |
| Interest Expense | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - |
| Pretax Income | - | - | - | - | - | - | - | -914.00K | -103.34M | 105.04M | -734.25M | -684.38M | - |
| Tax Provision | - | - | - | - | - | - | - | 3.00K | 27.29K | 792.35K | 223.56K | 1.18M | - |
| Net Income | -2.82M | -3.44M | -2.85M | 12.35M | -462.96K | -885.13K | - | -975.00K | -103.42M | 104.27M | -734.46M | -685.56M | -394.27M |
| Diluted EPS | -1.01 | -1.24 | -1.00 | 40.31 | -1.35 | -3.02 | - | -1.84 | -4.27 | 0.62 | - | -3.25 | -1.88 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 3.49M | 4.95M | 3.66M | 28.05M |
| Cost of Revenue | - | 2.17M | 3.42M | 2.76M | 1.90M |
| Gross Profit | - | 1.32M | 1.53M | 906.00K | 26.15M |
| Operating Expenses | - | 10.87M | 7.96M | 5.67M | 58.90M |
| Operating Income | - | -9.56M | -6.43M | -4.76M | -32.75M |
| EBITDA | - | -13.09M | -9.98M | -4.14M | -733.46M |
| Interest Expense | - | 109.17K | 1.15M | 325.00K | 0 |
| Pretax Income | - | -14.11M | -11.23M | -4.47M | -733.47M |
| Tax Provision | - | -12.96K | 15.71K | 0 | 1.05M |
| Net Income | - | -15.23M | -14.24M | 10.10M | -734.59M |
| Diluted EPS | - | -73.56 | -62.04 | 27.62 | -7.37 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 65.05M | 71.28M | 2.57M | 2.43B |
| Current Assets | - | 53.91M | 71.10M | 2.56M | 31.15M |
| Cash & Equivalents | - | 1.38M | 2.49M | 1.44M | 28.54M |
| Inventory | - | - | - | - | - |
| Receivables | - | 440.87K | 415.12K | 265.00K | 221.00K |
| Total Liabilities | - | 62.06M | 80.68M | 489.00K | 12.75M |
| Current Liabilities | - | 58.91M | 79.25M | 489.00K | 12.75M |
| Long Term Debt | - | 2.06M | 1.42M | - | - |
| Total Debt | 165.52K | 2.68M | 12.81M | - | - |
| Total Equity | - | 2.99M | -9.40M | 2.08M | 2.42B |
| Shares Outstanding | - | 224.00K | 238.65K | 407.29K | 198.64M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -5.94M | 582.89K | -22.81M | -17.54M |
| Investing Cash Flow | - | 48.30M | -1.03M | -18.71M | -2.95B |
| Financing Cash Flow | - | 2.68M | 9.78M | -17.38M | 3.00B |
| Capital Expenditure | - | -35.80K | -286.15K | -2.00K | -11.00K |
| Free Cash Flow | - | -5.97M | 296.74K | -22.82M | -17.55M |
| Net Change in Cash | - | -4.68M | 9.34M | -58.90M | 27.03M |
| Share Buybacks | - | - | - | - | 31.69M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 37.7% | 30.9% | 24.7% | 93.2% |
| Operating Margin % | - | -273.8% | -129.8% | -130.1% | -116.7% |
| Net Margin % | - | -436.5% | -287.6% | 275.8% | -2,618.4% |
| ROE % | - | -510.1% | 151.5% | 485.1% | -30.4% |
| ROCE % | - | -155.8% | 80.7% | -228.8% | -1.4% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 7.43% | 16.14M | $150.91M |
| 2 | Highbridge Capital Management, LLC. | 6.61% | 14.36M | $134.24M |
| 3 | FMR, LLC | 4.30% | 9.35M | $87.41M |
| 4 | Renaissance Technologies, LLC | 2.69% | 5.84M | $54.56M |
| 5 | Geode Capital Management, LLC | 2.52% | 5.47M | $51.17M |
| 6 | UBS Group AG | 2.17% | 4.70M | $43.98M |
| 7 | Invesco Ltd. | 2.04% | 4.43M | $41.43M |
| 8 | Citadel Advisors Llc | 1.91% | 4.15M | $38.81M |
| 9 | State Street Corporation | 1.68% | 3.65M | $34.13M |
| 10 | Morgan Stanley | 1.43% | 3.11M | $29.08M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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SBET — Frequently Asked Questions
What is the current share price of Sharplink, Inc. (SBET)?
As of 2026-09-19 21:16 PDT, Sharplink, Inc. (SBET) trades at $8.82 on NasdaqCM. Its 52-week range is $4.56 to $23.52.
What is the market capitalisation of SBET?
Sharplink, Inc. (SBET) has a market capitalisation of $1.92B on NasdaqCM.
What is the P/E ratio of SBET?
SBET trades at a trailing price-to-earnings (P/E) ratio of -1.96. The industry average P/E is 12.89. Its price-to-book (P/B) ratio is 1.44.
Is SBET a good stock to buy?
This page provides a data-driven analysis of Sharplink, Inc. (SBET), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.