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
DateValue
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