Sharplink (SBET) Cost of Revenue (2023 - 2026)
Sharplink's (SBET) quarterly Cost of Revenue came in at $258000.0 in Q2 2026, down 47.13% year-over-year from $488000.0 in Q2 2025, and down 40.28% quarter-over-quarter from $432000.0 in Q1 2026.
Powered by 
Analysis
Sharplink (SBET) Cost of Revenue (2023 - 2026) Analysis & Trends
Sharplink (SBET) has reported Cost of Revenue for 4 consecutive years, with $258000.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 47.13% year-over-year to $258000.0 in Q2 2026; TTM through Jun 2026 was $1.5 million, a 39.38% decrease from a year earlier, with the FY2025 full-year figure at $1.9 million, down 30.99% from the prior year.
- Cost of Revenue was $258000.0 for Q2 2026 at Sharplink, down from $432000.0 in the prior quarter.
- Over five years, Cost of Revenue peaked at $958665.0 in Q3 2023 and troughed at $258000.0 in Q2 2026.
- A 4-year average of $626280.3 and a median of $666795.0 in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue decreased 2.87% in 2024 and tumbled 47.13% in 2026, its largest moves.
- Over 4 years, Cost of Revenue stood at $676511.0 in 2023, then fell by 2.87% to $657079.0 in 2024, then slumped by 43.19% to $373293.0 in 2025, then sank by 30.89% to $258000.0 in 2026.
- The last three Cost of Revenue figures came in at $258000.0 (Q2 2026), $432000.0 (Q1 2026), and $373293.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Zeta Global Holdings | 6.86 Bn | 6.55 Bn | 261.77 Mn | 181.00 Mn |
| 2 | Klaviyo | 4.57 Bn | 3.74 Bn | 269.10 Mn | 101.47 Mn |
| 3 | Braze | 2.77 Bn | 2.37 Bn | 151.86 Mn | 75.37 Mn |
| 4 | LiveRamp Holdings | 2.29 Bn | 1.92 Bn | 150.94 Mn | 63.04 Mn |
| 5 | Sharplink | 932.38 Mn | 876.18 Mn | 11.27 Mn | 258,000.00 |
| 6 | Sprout Social | 616.14 Mn | 496.21 Mn | 96.09 Mn | 27.76 Mn |
| 7 | Yext | 609.60 Mn | 522.77 Mn | 83.84 Mn | 27.27 Mn |
| 8 | TechTarget | 277.74 Mn | 231.92 Mn | 64.48 Mn | 51.67 Mn |
| 9 | Grandstand | 56.16 Mn | 47.35 Mn | 31.83 Mn | 5.93 Mn |
| 10 | Entrepreneur Universe Bright | 56.14 Mn | 45.47 Mn | 598,485.00 | 147,628.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 258,000.00 |
| Mar 31, 2026 | 432,000.00 |
| Dec 31, 2025 | 373,293.00 |
| Sep 30, 2025 | 430,569.00 |
| Jun 30, 2025 | 488,000.00 |
| Mar 31, 2025 | 610,000.00 |
| Dec 31, 2024 | 657,079.00 |
| Sep 30, 2024 | 709,045.00 |
| Jun 30, 2024 | 701,142.00 |
| Mar 31, 2024 | 688,734.00 |
| Dec 31, 2023 | 676,511.00 |
| Sep 30, 2023 | 958,665.00 |
| Jun 30, 2023 | 942,204.00 |
| Mar 31, 2023 | 842,682.00 |