SBET (SharpLink Gaming Ltd.) Stock Financials & Earnings

SBETSharpLink Gaming Ltd.

Mkt Cap$1B

Revenue (TTM)$28M

Net Income (TTM)-$735M

EPS (TTM)-$7.37

Free Cash Flow (TTM)-$18M

Gross Margin93.2%

Op. Margin-1999.5%

Net Margin-2618.4%

FCF Margin-65.1%

P/S Ratio (TTM)40.0x

P/E Ratio (TTM)—

YoY Rev Growth+666.0%

Employees—

Earnings Reports

Next: Q1 2026 · Mar 13

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$1M	$390K	-$2M
Q2 23	$1M	$401K	-$2M
Q3 23	$1M	$391K	-$1M
Q4 23	$1M	$351K	-$4M
Q1 24	$976K	$287K	-$2M
Q2 24	$981K	$280K	-$1M
Q3 24	$882K	$173K	-$797K
Q4 24	$823K	$166K	-$1M
Q1 25	$742K	$132K	-$926K
Q2 25	$697K	$209K	-$103M
Q3 25	$11M	$10M	$105M
Q4 25	$16M	$15M	-$562M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q2 23	—	—	$2M
Q2 24	$1M	—	—
Q3 24	—	—	$970K
Q4 24	—	—	$1M
Q2 25	$19M	—	—
Q3 25	$12M	—	—
Q4 25	—	$2M	—

Revenue Segments

Quarter	Rest Of World	United States	Affiliate Marketing Services
Q1 23	$1M	$280K	—
Q1 25	—	—	$742K
Q2 25	—	—	$669K

Revenue by Geography

Quarter	Rest Of World	United States
Q1 23	$1M	$280K
Q1 24	$768K	$208K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$29M	$0	$29M
Q2 23	$32M	$0	$32M
Q3 23	$49M	$0	$49M
Q4 23	$2M	$0	$2M
Q1 24	$4M	$0	$4M
Q2 24	$2M	$0	$2M
Q3 24	$2M	$0	$2M
Q4 24	$1M	$0	$1M
Q1 25	$1M	$0	$1M
Q2 25	$5M	$0	$5M
Q3 25	$11M	$27M	$38M
Q4 25	$29M	$2M	$30M

Shares Outstanding

Revenue Per Employee

Revenue / Employee