Sharplink (SBET) Capital Expenditures (2023 - 2025)
Sharplink (SBET) posted quarterly Capital Expenditures of $3718.0 for Q4 2025, up 1223.13% year-over-year from $281.0 in Q4 2024, and down 21.96% quarter-over-quarter from $4764.0 in Q3 2025.
Sharplink (SBET) Capital Expenditures (2023 - 2025) Analysis & Trends
Sharplink (SBET) has reported Capital Expenditures for 3 consecutive years, with $3718.0 the latest figure, recorded in Q4 2025.
- In Q4 2025, Capital Expenditures rose 1223.13% year-over-year to $3718.0; the TTM figure through Dec 2025 stood at $8763.0 (up 338.15% YoY), while the FY2025 annual figure was $11000.0, up 450.0% from the prior year.
- Capital Expenditures fell to $3718.0 in Q4 2025 per SBET's latest filing, from $4764.0 in the prior quarter.
- Across five years, Capital Expenditures topped out at $112327.0 in Q2 2023 and bottomed at $281.0 in Q4 2024.
- Historically, Capital Expenditures has averaged $35560.1 across 3 years, with a median of $4241.0 in 2025.
- Annual changes were most pronounced in 2024 — Capital Expenditures slumped 99.61% — and 2025, when it jumped 1223.13%.
- Sharplink's Capital Expenditures stood at $72051.0 in 2023, then plunged by 99.61% to $281.0 in 2024, then surged by 1223.13% to $3718.0 in 2025.
- Business Quant data shows SBET's Capital Expenditures at $3718.0 in Q4 2025, $4764.0 in Q3 2025, and $281.0 in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 819.00 Mn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 502.00 Mn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 185.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 12.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 18.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 199.45 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 18.90 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 20.16 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | Sharplink | 822.19 Mn | 765.99 Mn | 11.27 Mn | 16.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3,718.00 |
| Dec 31, 2025 | 3,718.00 |
| Sep 30, 2025 | 4,764.00 |
| Sep 30, 2025 | 4,764.00 |
| Dec 31, 2024 | 281.00 |
| Dec 31, 2024 | 281.00 |
| Mar 31, 2024 | 1,719.00 |
| Mar 31, 2024 | 1,719.00 |
| Dec 31, 2023 | 72,051.00 |
| Dec 31, 2023 | 72,051.00 |
| Sep 30, 2023 | 87,788.00 |
| Sep 30, 2023 | 87,788.00 |
| Jun 30, 2023 | 112,327.00 |
| Jun 30, 2023 | 112,327.00 |
| Mar 31, 2023 | 1,833.00 |
| Mar 31, 2023 | 1,833.00 |