SharpLink Gaming, Inc. (SBET) Financial Statements
Industry: Finance Services
In fiscal 2025, SharpLink Gaming reported revenue of $28.1M, up 666.0% from $3.7M the year before. Net income was -$734.6M (a -2618.4% net margin), or -$7.37 per diluted share. Operating margin was -2616.0%. Operating activities generated -$17.5M of cash, leaving -$17.6M of free cash flow. At fiscal year end, SharpLink Gaming held $2.43B in total assets against $12.7M in total liabilities.
Open the full interactive SharpLink Gaming financials → Quarterly statements, key ratios, valuation history and price charts.
SharpLink Gaming Key Stats
| Share Price | $8.41 |
|---|---|
| Market Cap | $1.76B |
| Revenue YoY Growth | +666.0% |
| 52-Week Range | $4.56 – $16.13 |
| Shares Outstanding | 209.8 million (basic, 2026 Q2) |
SharpLink Gaming Income Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Revenue | $5.0M | $3.7M | $28.1M |
| Gross Profit | $1.5M | $906,273 | — |
| Operating Income | -$8.9M | -$4.8M | -$733.9M |
| Pre-Tax Income | -$11.2M | -$4.5M | -$733.5M |
| Income Tax | $15,708 | -$232 | $1.0M |
| Net Income | -$14.2M | $10.1M | -$734.6M |
| Diluted EPS | -$62.04 | $27.48 | -$7.37 |
SharpLink Gaming Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $10.8M | $15.8M | $12.1M | $11.5M |
| Net Income | $104.3M | -$734.5M | -$685.6M | -$394.3M |
| Diluted EPS | $0.62 | -$7.37 | -$3.25 | -$1.88 |
SharpLink Gaming Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Current Assets | $71.1M | $2.6M | $31.2M |
| Total Assets | $71.3M | $2.6M | $2.43B |
| Current Liabilities | $79.2M | $488,300 | $12.7M |
| Total Long-Term Debt | $2.1M | — | — |
| Total Liabilities | $80.7M | $488,300 | $12.7M |
| Shareholders' Equity | -$9.4M | $2.1M | $2.42B |
SharpLink Gaming Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash From Operations | $582,887 | -$22.8M | -$17.5M |
| Cash From Investing | -$1.0M | -$18.7M | -$2.95B |
| Cash From Financing | $9.8M | -$17.4M | $3.00B |
| Free Cash Flow | $570,740 | -$22.8M | -$17.6M |
Figures from SharpLink Gaming's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full SharpLink Gaming financials page for every line item.
SharpLink Gaming Company Profile
| Ticker | SBET |
|---|---|
| Exchange | Nasdaq |
| Industry | Finance Services |
| Headquarters | Miami, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001981535 |
Frequently Asked Questions
What was SharpLink Gaming's revenue in fiscal 2025?
SharpLink Gaming (SBET) reported revenue of $28.1M for fiscal 2025.
What is SharpLink Gaming's annual revenue history?
SharpLink Gaming's annual revenue by fiscal year: 2023: $5.0M; 2024: $3.7M; 2025: $28.1M.
What was SharpLink Gaming's net income in fiscal 2025?
SharpLink Gaming reported net income of -$734.6M for fiscal 2025.
What was SharpLink Gaming's earnings per share (EPS) in fiscal 2025?
SharpLink Gaming's diluted EPS was -$7.37 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did SharpLink Gaming generate in fiscal 2025?
SharpLink Gaming generated -$17.6M of free cash flow in fiscal 2025.
What was SharpLink Gaming's revenue last quarter?
In its most recent reported quarter (2026 Q2), SharpLink Gaming reported revenue of $11.5M.
How many shares of SharpLink Gaming are outstanding?
SharpLink Gaming reported a weighted average of 209.8 million basic shares outstanding in 2026 Q2.
What is SharpLink Gaming's market cap?
Based on its latest closing price, SharpLink Gaming (SBET) has a market capitalization of about $1.76B.
When does SharpLink Gaming's fiscal year end?
SharpLink Gaming's fiscal year end, as registered with the SEC, is December 31.
Where is SharpLink Gaming headquartered?
SharpLink Gaming lists its business address in Miami, Florida in its SEC filings.