Growth Metrics

Sharplink (SBET) Capital Expenditures (2023 - 2025)

Sharplink (SBET) reported Capital Expenditures of $3718.0 for Q4 2025, up 1223.13% year-over-year from $281.0 in Q4 2024, and down 21.96% on a QoQ basis from $4764.0 in Q3 2025.

Sharplink (SBET) has 3 years of Capital Expenditures data on file, last reported at $3718.0 in Q4 2025.

  • Quarterly Capital Expenditures rose 1223.13% year-over-year to $3718.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $8763.0 (up 338.15% YoY) and the FY2025 annual result came in at $11000.0, up 450.0% from the prior year.
  • Capital Expenditures eased 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 $261854.0 in Q4 2023 and bottomed at $281.0 in Q4 2024.
  • The 3-year median for Capital Expenditures is $2775.5 (2023), against an average of $35560.1.
  • The widest annual swing landed in 2024, when Capital Expenditures slumped 99.89%; it then surged 1223.13% in 2025.
  • Tracing SBET's Capital Expenditures over 3 years: stood at $261854.0 in 2023, then tumbled by 99.89% to $281.0 in 2024, then surged by 1223.13% to $3718.0 in 2025.
  • Per Business Quant, the three latest SBET Capital Expenditures figures stand at $3718.0 (Q4 2025), $4764.0 (Q3 2025), and $281.0 (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 754.00 Mn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 565.00 Mn
3 Schwab Charles 154.74 Bn 109.76 Bn - 140.00 Mn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 9.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 26.00 Mn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 9.36 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 165.76 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 1.22 Bn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 254,000.00
10 Sharplink 1.31 Bn 1.29 Bn 11.63 Mn -

Historic Data

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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