Sharplink, Inc. SBET

FY2025 · ended Dec 31, 2025 · Revenue $28.05M, +666.1% YoY · Filed Mar 9, 2026

Sharplink, Inc. (SBET) files with the SEC under industry code 6199, Finance Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $28.1 million and a net loss of $734.6 million. Free cash flow was -$17.6 million. As of Jun 30, 2026 it held $56.2 million in cash and investments and $202,000 in total debt.

Revenue (TTM)
$50.20M
+1496.9% vs year-ago TTM
Net income (TTM)
$-1.71B
-1510.4% vs year-ago TTM
Operating cash flow (TTM)
$-33.20M
-730.6% vs year-ago TTM
Free cash flow
$-17.55M
+23.1% vs prior year
EPS (TTM)
$-8.69
+46.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
197.16M
+2756.1% vs prior year
Net cash
$55.99M
as of Jun 30, 2026
Operating margin
-3401.3%
FY 2026

Company profile

Industry
Finance Services (SIC 6199)
Listed as
SBET (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Miami, FL
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1981535
Former names
SharpLink Gaming, Inc. (until Feb 3, 2026)

Other Finance Services companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
Revenue
$28.1M
$3.7M
$5.0M
Operating income
-$733.9M
-$4.8M
-$8.9M
Net income
-$734.6M
$10.1M
-$14.2M
Diluted EPS
-$7.37
$27.62
-$5.17
Operating cash flow
-$17.5M
-$22.8M
$582,887
Free cash flow
-$17.6M
-$22.8M
$570,740
Total assets
$2.4B
$2.6M
$71.3M
Total liabilities
$12.7M
$489,000
$80.7M
Stockholders' equity
$2.4B
$2.1M
-$9.4M
Cash and investments
$28.5M
$1.4M
$2.5M
Total debt
—
$0
$2.1M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Results of operations
Aug 10, 2026 Aug 10, 2026
10-Q Quarterly report Aug 7, 2026 Jun 30, 2026
8-K Current report
Regulation FD disclosure, Other events
Jun 30, 2026 Jun 30, 2026
8-K Current report
Material agreement, Other events
Jun 23, 2026 Jun 22, 2026
8-K Current report
Results of operations, Regulation FD disclosure
May 11, 2026 May 11, 2026
10-Q Quarterly report May 8, 2026 Mar 31, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.