Sharplink, Inc. (SBET)
Financial Services · Capital Markets · NasdaqCM
Sharplink, Inc. revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $3.49M | $4.95M | $3.66M | $28.05M |
| Gross profit | $1.32M | $1.53M | $906,000 | $26.15M |
| Net income | $-15.23M | $-14.24M | $10.10M | $-734.59M |
| Net margin | -436.5% | -287.6% | 275.8% | -2618.4% |
Source: Sharplink, Inc. SEC filings (10-K).
Explore 4 years of Sharplink, Inc. financials — interactive
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Sharplink, Inc. financial history by metric
About Sharplink, Inc.
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.
Sharplink, Inc. — frequently asked questions
What is Sharplink, Inc.'s revenue?
Sharplink, Inc. (SBET) reported revenue of $28.05M for fiscal year 2025, up 666.1% from the prior year, according to its SEC filings.
Is Sharplink, Inc. profitable?
No — SBET reported a net loss of $-734.59M in fiscal 2025.
What is SBET's P/E ratio?
Sharplink, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Sharplink, Inc. growing?
SBET's revenue grew at roughly 100.3% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Sharplink, Inc. have?
As of fiscal year 2025, SBET carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Sharplink, Inc.'s gross margin?
SBET's gross margin was 93.2% in fiscal 2025 — gross profit of $26.15M on revenue of $28.05M.
What is Sharplink, Inc.'s market cap?
Sharplink, Inc. (SBET) has a market capitalization of about $1.03B, based on the latest data in our nightly-refreshed cache.
When does Sharplink, Inc.'s fiscal year end?
SBET's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Sharplink, Inc.'s official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.