SBET
Sharplink, Inc.
Price Chart
Latest Quote
$5.29
| Previous Close | $5.36 |
| Open | $5.39 |
| Day High | $5.49 |
| Day Low | $5.07 |
| Volume | 9,938,207 |
Stock Information
| Shares Outstanding | 197.21M |
| Cash Equivalents | $16.88M |
| Revenue | $39.37M |
| Net Income | $-1.42B |
| Sector | Financial Services |
| Industry | Capital Markets |
| Market Cap | $1.04B |
| EPS (TTM) | $-8.89 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $1.03B |
| Sales | $39.37M |
| Income | $-1.42B |
| Book/sh | $12.30 |
| Cash/sh | $0.09 |
| Employees | 15 |
Financial Ratios
| Quick Ratio | 3.19 |
| Current Ratio | 3.31 |
Returns & Margins
| ROA | -101.44% |
| ROE | -163.06% |
| Gross Margin | 95.62% |
| Operating Margin | -5677.38% |
Ownership
| Insider Ownership | 7.09% |
| Institutional Ownership | 48.23% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 2.66 |
| P/S | 26.50 |
| P/B | 0.43 |
Analyst Data
| Recommendation | strong_buy |
| Target Price | $17.81 |
Technical Indicators
| SMA20 | $5.72 |
| SMA50 | $6.61 |
| SMA200 | $9.85 |
| RSI | 37.50 |
| ATR | 0.4157 |
| Shares Float | 184.73M |
| Short Float | 14.15% |
| Short Ratio | 3.92 |
| Volatility | 10.43 |
| Rel Volume | 1.34 |
Performance History
| Week | -2.58% |
| Month | -14.95% |
| Quarter | -31.12% |
| 6 Months | -45.52% |
| YTD | -45.41% |
| Year | -55.73% |
| 3 Years | -84.20% |
| 5 Years | -99.19% |
| 10 Years | -99.29% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $5.29 | 10,686,400 |
| 2026-06-17 | $5.36 | 8,802,300 |
| 2026-06-16 | $5.58 | 7,101,300 |
| 2026-06-15 | $5.80 | 13,253,000 |
| 2026-06-12 | $5.51 | 4,713,000 |
| 2026-06-11 | $5.43 | 6,786,000 |
| 2026-06-10 | $5.16 | 5,040,900 |
| 2026-06-09 | $5.32 | 7,755,000 |
| 2026-06-08 | $5.52 | 8,760,900 |
| 2026-06-05 | $5.19 | 9,967,100 |
| 2026-06-04 | $5.72 | 9,184,500 |
| 2026-06-03 | $5.54 | 7,636,400 |
| 2026-06-02 | $5.81 | 7,403,300 |
| 2026-06-01 | $6.19 | 9,388,500 |
| 2026-05-29 | $6.11 | 8,013,000 |
| 2026-05-28 | $6.08 | 9,440,200 |
| 2026-05-27 | $6.00 | 7,587,100 |
| 2026-05-26 | $6.18 | 7,845,500 |
| 2026-05-22 | $6.23 | 5,266,800 |
| 2026-05-21 | $6.48 | 5,089,900 |
| 2026-05-20 | $6.33 | 6,091,600 |
| 2026-05-19 | $6.22 | 6,317,700 |
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.
đ° Latest News
Down 30.2% in 4 Weeks, Here's Why You Should You Buy the Dip in Sharplink Inc (SBET)
Zacks âĸ 2026-06-08T13:35:02ZSharplink Inc (SBET) Upgraded to Buy: What Does It Mean for the Stock?
Zacks âĸ 2026-06-05T16:00:03ZThe Bull Case For Sharplink (SBET) Could Change Following Galaxy Onchain Yield Fund Tie-Up â Learn Why
Simply Wall St. âĸ 2026-05-15T19:16:39ZSharplink (SBET) Valuation After Ethereum Treasury Gains And Galaxy Digital On Chain Yield Fund News
Simply Wall St. âĸ 2026-05-12T20:18:54ZSharpLink Taps Galaxy for $125 Million Ethereum Yield Strategy
CryptoProwl âĸ 2026-05-12T14:49:00ZSharplink Inc (SBET) Q1 2026 Earnings Call Highlights: Revenue Surge Amidst Significant Net Loss
GuruFocus.com âĸ 2026-05-12T07:03:59ZSharpLink Gaming Ltd. Q1 2026 Earnings Call Summary
Moby âĸ 2026-05-11T21:02:44ZSharplink Gaming Q1 Earnings Call Highlights
MarketBeat âĸ 2026-05-11T15:07:20ZWall Street Analysts Believe Sharplink Inc (SBET) Could Rally 145.69%: Here's is How to Trade
Zacks âĸ 2026-05-01T13:55:03ZSharpLink (SBET) Just Fired Its Ethereum Managers, and That May Be a Good Sign
Insider Monkey âĸ 2026-04-21T10:55:23ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $1,902,000 | $2,756,000 | $3,420,062 | $2,173,835 |
| Cost Of Revenue | $1,902,000 | $2,756,000 | $3,420,062 | $2,173,835 |
| Total Revenue | $28,055,000 | $3,662,000 | $4,952,725 | $3,489,948 |
| Operating Revenue | $28,055,000 | $3,662,000 | $4,952,725 | $3,489,948 |
| Expenses | ||||
| Interest Expense | $0 | $325,000 | $1,150,341 | $109,165 |
| Total Expenses | $60,804,000 | $8,425,000 | $11,381,195 | $13,046,786 |
| Other Income Expense | $-701,168,000 | $554,000 | $-3,707,572 | $-4,476,000 |
| Net Non Operating Interest Income Expense | $447,000 | $-265,000 | $-1,096,848 | $-75,763 |
| Interest Expense Non Operating | $0 | $325,000 | $1,150,341 | $109,165 |
| Operating Expense | $58,902,000 | $5,669,000 | $7,961,133 | $10,872,951 |
| General And Administrative Expense | $58,902,000 | $5,669,000 | - | - |
| Other Non Operating Income Expenses | - | $298,000 | $-1,242,840 | $250,000 |
| Other Operating Expenses | - | - | - | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-734,516,000 | $-4,474,000 | $-11,248,598 | $-14,095,646 |
| Net Interest Income | $447,000 | $-265,000 | $-1,096,848 | $-75,763 |
| Interest Income | $447,000 | $60,000 | $53,493 | $33,402 |
| Normalized Income | $-180,593,280 | $-4,730,000 | $-8,783,866 | $-9,369,646 |
| Net Income From Continuing And Discontinued Operation | $-734,587,000 | $10,099,000 | $-14,243,182 | $-15,233,378 |
| Total Operating Income As Reported | $-733,917,000 | $-4,763,000 | $-8,893,202 | $-14,282,838 |
| Net Income Common Stockholders | $-734,587,000 | $10,099,000 | $-14,243,182 | $-15,233,378 |
| Net Income | $-734,587,000 | $10,099,000 | $-14,243,182 | $-15,233,378 |
| Net Income Including Noncontrolling Interests | $-734,587,000 | $10,099,000 | $-14,243,182 | $-15,233,378 |
| Net Income Discontinuous Operations | $-71,000 | $14,573,000 | $-2,994,584 | $-1,137,732 |
| Net Income Continuous Operations | $-734,516,000 | $-4,474,000 | $-11,248,598 | $-14,095,646 |
| Pretax Income | $-733,470,000 | $-4,474,000 | $-11,232,890 | $-14,108,601 |
| Special Income Charges | $-140,208,000 | $0 | $-2,464,732 | $-4,726,000 |
| Interest Income Non Operating | $447,000 | $60,000 | $53,493 | $33,402 |
| Operating Income | $-32,749,000 | $-4,763,000 | $-6,428,470 | $-9,556,838 |
| Gross Profit | $26,153,000 | $906,000 | $1,532,663 | $1,316,113 |
| Per Share | ||||
| Diluted EPS | $-7.37 | $27.62 | $-62.04 | $-73.56 |
| Basic EPS | $-7.37 | $35.20 | $-62.04 | $-73.56 |
| Other | ||||
| Tax Effect Of Unusual Items | $-147,245,280 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-32,293,000 | $-4,393,000 | $-7,510,403 | $-8,361,188 |
| Total Unusual Items | $-701,168,000 | $256,000 | $-2,464,732 | $-4,726,000 |
| Total Unusual Items Excluding Goodwill | $-701,168,000 | $256,000 | $-2,464,732 | $-4,726,000 |
| Reconciled Depreciation | $9,000 | $12,000 | $107,414 | $912,248 |
| EBITDA (Bullshit earnings) | $-733,461,000 | $-4,137,000 | $-9,975,135 | $-13,087,188 |
| EBIT | $-733,470,000 | $-4,149,000 | $-10,082,549 | $-13,999,436 |
| Diluted Average Shares | $99,719,495 | $337,255 | $230,080 | $207,329 |
| Basic Average Shares | $99,719,495 | $286,939 | $230,080 | $207,329 |
| Diluted NI Availto Com Stockholders | $-734,587,000 | $10,099,000 | $-14,243,182 | $-15,233,378 |
| Tax Provision | $1,046,000 | $0 | $15,708 | $-12,955 |
| Impairment Of Capital Assets | $140,208,000 | $0 | $2,464,732 | $4,726,000 |
| Gain On Sale Of Security | $-560,960,000 | $256,000 | - | - |
| Selling General And Administration | $58,902,000 | $5,669,000 | $7,961,133 | $10,872,951 |
| Other Gand A | $42,392,000 | $5,669,000 | - | - |
| Salaries And Wages | $16,510,000 | $0 | - | - |
| Otherunder Preferred Stock Dividend | - | - | - | $0 |
| Preferred Stock Dividends | - | - | - | $8,862 |
| Restructuring And Mergern Acquisition | - | - | - | $0 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $18,413,000 | $2,069,000 | $-9,567,881 | $532,886 |
| Total Assets | $2,431,766,000 | $2,571,000 | $71,280,178 | $65,045,491 |
| Total Non Current Assets | $2,400,614,000 | $16,000 | $176,904 | $11,134,926 |
| Goodwill And Other Intangible Assets | $2,400,604,000 | $13,000 | $168,112 | $2,453,630 |
| Other Intangible Assets | $2,400,604,000 | $13,000 | $168,112 | $838,463 |
| Current Assets | $31,153,000 | $2,555,000 | $71,103,274 | $53,910,565 |
| Other Current Assets | $329,000 | $310,000 | $383,295 | $505,905 |
| Assets Held For Sale Current | $182,000 | $270,000 | $67,805,379 | $51,570,443 |
| Receivables | $221,000 | $538,000 | $427,119 | $452,873 |
| Accounts Receivable | $221,000 | $265,000 | $415,119 | $440,873 |
| Allowance For Doubtful Accounts Receivable | $0 | $0 | $0 | $0 |
| Gross Accounts Receivable | $221,000 | $265,000 | $415,119 | $440,873 |
| Cash Cash Equivalents And Short Term Investments | $30,421,000 | $1,437,000 | $2,487,481 | $1,381,344 |
| Cash And Cash Equivalents | $28,539,000 | $1,437,000 | $2,487,481 | $1,381,344 |
| Cash Financial | $28,539,000 | $1,437,000 | $2,487,481 | $1,381,344 |
| Other Receivables | - | $273,000 | $12,000 | $12,000 |
| Other Non Current Assets | - | - | - | $8,659,415 |
| Restricted Cash | - | - | - | $11,132,957 |
| Non Current Prepaid Assets | - | - | - | - |
| Prepaid Assets | - | - | - | - |
| Debt | ||||
| Net Debt | - | - | $10,324,729 | $1,302,072 |
| Total Debt | - | - | $12,812,210 | $2,683,416 |
| Long Term Debt And Capital Lease Obligation | - | - | $1,424,908 | $2,063,243 |
| Long Term Debt | - | - | $1,424,908 | $2,063,243 |
| Current Debt And Capital Lease Obligation | - | - | $11,387,302 | $620,173 |
| Current Debt | - | - | $11,387,302 | $620,173 |
| Other Current Borrowings | - | - | $5,041,324 | $620,173 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $12,749,000 | $489,000 | $80,679,947 | $62,058,975 |
| Total Non Current Liabilities Net Minority Interest | $0 | $0 | $1,432,063 | $3,147,942 |
| Current Liabilities | $12,749,000 | $489,000 | $79,247,884 | $58,911,033 |
| Other Current Liabilities | $1,000 | $10,000 | $66,396,883 | $56,824,479 |
| Payables And Accrued Expenses | $12,748,000 | $479,000 | $1,157,952 | $1,257,417 |
| Payables | $12,748,000 | $479,000 | $834,060 | $689,159 |
| Accounts Payable | $12,748,000 | $479,000 | $834,060 | $689,159 |
| Non Current Deferred Liabilities | - | $0 | $7,155 | $6,206 |
| Non Current Deferred Taxes Liabilities | - | $0 | $7,155 | $6,206 |
| Interest Payable | - | $0 | $48,875 | $0 |
| Liabilities Heldfor Sale Non Current | - | - | $0 | $1,078,492 |
| Other Non Current Liabilities | - | - | - | $1 |
| Current Deferred Liabilities | - | - | - | $44,338,040 |
| Other Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $2,419,017,000 | $2,082,000 | $-9,403,705 | $2,982,694 |
| Total Equity Gross Minority Interest | $2,419,017,000 | $2,082,000 | $-9,399,769 | $2,986,516 |
| Stockholders Equity | $2,419,017,000 | $2,082,000 | $-9,399,769 | $2,986,516 |
| Retained Earnings | $-812,396,000 | $-77,809,000 | $-87,857,456 | $-73,565,641 |
| Preferred Stock Equity | - | $2 | $3,936 | $3,822 |
| Preferred Securities Outside Stock Equity | - | - | - | - |
| Other | ||||
| Treasury Shares Number | $1,938,458 | $7 | $7 | $7 |
| Ordinary Shares Number | $196,697,343 | $407,286 | $238,644 | $223,994 |
| Share Issued | $198,635,801 | $407,293 | $238,651 | $224,001 |
| Tangible Book Value | $18,413,000 | $2,069,000 | $-9,571,817 | $529,064 |
| Invested Capital | $2,419,017,000 | $2,082,000 | $3,408,505 | $5,666,110 |
| Working Capital | $18,404,000 | $2,066,000 | $-8,144,610 | $-5,000,468 |
| Total Capitalization | $2,419,017,000 | $2,082,000 | $-7,974,861 | $5,049,759 |
| Treasury Stock | $31,721,000 | $29,000 | $29,000 | $29,000 |
| Additional Paid In Capital | $3,263,114,000 | $79,920,000 | $77,909,981 | $76,039,604 |
| Capital Stock | $20,000 | $0 | $576,706 | $541,553 |
| Common Stock | $20,000 | $0 | $572,770 | $537,731 |
| Preferred Stock | $0 | $0 | $3,936 | $3,822 |
| Net PPE | $10,000 | $3,000 | $8,792 | $21,881 |
| Gross PPE | $10,000 | $3,000 | $33,551 | $40,322 |
| Machinery Furniture Equipment | $10,000 | $3,000 | - | - |
| Other Short Term Investments | $1,882,000 | $0 | - | - |
| Line Of Credit | - | $0 | $6,345,978 | $0 |
| Pensionand Other Post Retirement Benefit Plans Current | - | $58,280 | $305,747 | $208,964 |
| Current Accrued Expenses | - | $138,606 | $323,892 | $568,258 |
| Accumulated Depreciation | - | $-31,911 | $-24,759 | $-18,441 |
| Other Properties | - | $35,270 | $33,551 | $40,322 |
| Goodwill | - | - | $0 | $1,615,167 |
| Capital Lease Obligations | - | - | - | $241,107 |
| Long Term Capital Lease Obligation | - | - | - | $210,037 |
| Current Deferred Revenue | - | - | - | $44,338,040 |
| Current Capital Lease Obligation | - | - | - | $31,070 |
| Dueto Related Parties Current | - | - | - | $0 |
| Investments And Advances | - | - | - | $200,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-17,553,000 | $-22,816,000 | $296,741 | $-5,973,181 |
| Operating Activities | ||||
| Operating Cash Flow | $-17,542,000 | $-22,814,000 | $582,887 | $-5,937,386 |
| Cash From Discontinued Operating Activities | $-61,000 | $-16,958,000 | $5,499,299 | $2,109,891 |
| Cash Flow From Continuing Operating Activities | $-17,481,000 | $-5,856,000 | $-4,916,412 | $-8,047,277 |
| Operating Gains Losses | $-498,000 | - | $12,607 | $2,594 |
| Investing Activities | ||||
| Capital Expenditure | $-11,000 | $-2,000 | $-286,146 | $-35,795 |
| Investing Cash Flow | $-2,954,139,000 | $-18,710,000 | $-1,032,097 | $48,302,068 |
| Cash From Discontinued Investing Activities | $0 | $-18,858,000 | $-745,951 | $48,721,370 |
| Cash Flow From Continuing Investing Activities | $-2,954,139,000 | $148,000 | $-286,146 | $-419,302 |
| Net Other Investing Changes | $-2,614,612,000 | - | - | $48,859,270 |
| Capital Expenditure Reported | $-11,000 | $-2,000 | $-286,146 | $-35,795 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-31,692,000 | $0 | - | - |
| Issuance Of Capital Stock | $3,130,168,000 | $869,000 | $0 | $0 |
| Financing Cash Flow | $2,998,715,000 | $-17,375,000 | $9,784,854 | $2,675,343 |
| Cash From Discontinued Financing Activities | $0 | $-5,835,000 | $481,575 | $0 |
| Cash Flow From Continuing Financing Activities | $2,998,715,000 | $-11,540,000 | $9,303,279 | $2,675,343 |
| Net Other Financing Charges | $-99,761,000 | - | $-7,500 | $-25,432 |
| Net Common Stock Issuance | $3,098,476,000 | $869,000 | $0 | $0 |
| Common Stock Issuance | $3,130,168,000 | $869,000 | $0 | $0 |
| Net Preferred Stock Issuance | - | - | - | $0 |
| Preferred Stock Issuance | - | - | - | $0 |
| Cash Dividends Paid | - | - | - | - |
| Other | ||||
| Repayment Of Debt | $0 | $-13,119,000 | $-1,039,221 | $-549,225 |
| Issuance Of Debt | $0 | $550,000 | $10,350,000 | $3,250,000 |
| Interest Paid Supplemental Data | $0 | $486,000 | $485,531 | $109,165 |
| Income Tax Paid Supplemental Data | $449,000 | $505,000 | $86,320 | $19,916 |
| End Cash Position | $28,576,000 | $1,542,000 | $60,441,130 | $1,381,344 |
| Beginning Cash Position | $1,542,000 | $60,441,000 | $51,105,486 | $6,065,461 |
| Changes In Cash | $27,034,000 | $-58,899,000 | $9,335,644 | $-4,684,117 |
| Proceeds From Stock Option Exercised | $0 | $160,000 | $0 | $0 |
| Common Stock Payments | $-31,692,000 | $0 | - | - |
| Net Issuance Payments Of Debt | $0 | $-12,569,000 | $9,310,779 | $2,700,775 |
| Net Short Term Debt Issuance | $0 | $-6,350,000 | $6,350,000 | $0 |
| Short Term Debt Payments | $0 | $-6,900,000 | $0 | - |
| Short Term Debt Issuance | $0 | $550,000 | $6,350,000 | $0 |
| Net Long Term Debt Issuance | $0 | $-6,219,000 | $2,960,779 | $2,700,775 |
| Long Term Debt Payments | $0 | $-6,219,000 | $-1,039,221 | $-549,225 |
| Net Investment Purchase And Sale | $-339,516,000 | $0 | - | - |
| Sale Of Investment | $105,581,000 | $0 | - | - |
| Purchase Of Investment | $-445,097,000 | $0 | - | - |
| Net Intangibles Purchase And Sale | $0 | $150,000 | $0 | - |
| Sale Of Intangibles | $0 | $150,000 | $0 | - |
| Change In Working Capital | $7,375,000 | $-1,352,000 | $1,363,522 | $-224,305 |
| Change In Payables And Accrued Expense | $7,233,000 | $-1,314,000 | $1,344,158 | $37,819 |
| Change In Prepaid Assets | $-19,000 | $73,000 | $-6,390 | $-253,844 |
| Change In Receivables | $161,000 | $-111,000 | $25,754 | $68,320 |
| Changes In Account Receivables | $161,000 | $162,000 | $25,754 | $68,320 |
| Other Non Cash Items | $-81,443,000 | $72,000 | $898,510 | $-252,450 |
| Stock Based Compensation | $35,211,000 | $149,000 | $261,373 | $1,940,691 |
| Unrealized Gain Loss On Investment Securities | $616,173,000 | $-256,000 | $1,230,234 | $0 |
| Asset Impairment Charge | $140,208,000 | $0 | $2,464,732 | $4,726,000 |
| Deferred Tax | $0 | $-7,000 | $-6,206 | $81,323 |
| Deferred Income Tax | $0 | $-7,000 | $-6,206 | $81,323 |
| Depreciation Amortization Depletion | $9,000 | $12,000 | $107,414 | $912,248 |
| Depreciation And Amortization | $9,000 | $12,000 | $107,414 | $912,248 |
| Earnings Losses From Equity Investments | $-498,000 | $0 | - | - |
| Net Income From Continuing Operations | $-734,516,000 | $-4,474,000 | $-11,248,598 | $-15,233,378 |
| Gain Loss On Sale Of PPE | - | $0 | $12,607 | $2,594 |
| Cash Flow From Discontinued Operation | - | - | $-57,953,649 | $-49,724,142 |
| Long Term Debt Issuance | - | - | $4,000,000 | $3,250,000 |
| Net Business Purchase And Sale | - | - | $0 | $-388,000 |
| Purchase Of Business | - | - | $0 | $-388,000 |
| Net PPE Purchase And Sale | - | - | $0 | $4,493 |
| Sale Of PPE | - | - | $0 | $4,493 |
| Change In Accrued Expense | - | - | $1,344,158 | $37,819 |
| Change In Other Working Capital | - | - | - | $-76,600 |
| Change In Other Current Liabilities | - | - | - | $0 |
| Change In Other Current Assets | - | - | - | $0 |
| Gain Loss On Investment Securities | - | - | - | - |