Sharplink (SBET) Capital Expenditures (2023 - 2025)
Sharplink (SBET) posted quarterly Capital Expenditures of $3718.0 for Q4 2025, up 1223.13% YoY from $281.0 in Q4 2024, and down 21.96% sequentially from $4764.0 in Q3 2025.
Sharplink (SBET) Capital Expenditures (2023 - 2025) Analysis & Trends
Sharplink has disclosed Capital Expenditures across 3 years of filings, most recently posting $3718.0 for 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 declined to $3718.0 in Q4 2025, from $4764.0 in the prior quarter.
- Over the last five years, Capital Expenditures for SBET reached as high as $261854.0 in Q4 2023 and fell as low as $281.0 in Q4 2024.
- The 3-year median for Capital Expenditures is $2775.5 (2023), against an average of $35560.1.
- Annual changes were most pronounced in 2024 — Capital Expenditures slumped 99.89% — and 2025, when it jumped 1223.13%.
- A 3-year view of Capital Expenditures shows it stood at $261854.0 in 2023, then tumbled by 99.89% to $281.0 in 2024, then jumped by 1223.13% to $3718.0 in 2025.
- According to Business Quant data, Capital Expenditures over the past three periods registered $3718.0, $4764.0, and $281.0 for Q4 2025, Q3 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 754.00 Mn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 565.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 140.00 Mn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 9.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 165.76 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 254,000.00 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 9.36 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 1.22 Bn |
| 10 | Sharplink | 1.09 Bn | 1.07 Bn | 11.63 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 | 261,854.00 |
| Dec 31, 2023 | 261,854.00 |
| Sep 30, 2023 | 1,167.00 |
| Sep 30, 2023 | 1,167.00 |
| Jun 30, 2023 | 9,145.00 |
| Jun 30, 2023 | 9,145.00 |
| Mar 31, 2023 | 1,833.00 |
| Mar 31, 2023 | 1,833.00 |