Sharplink SBET
NASDAQ SBET
$8.28 +0.37 (+4.68%)
As of: Aug 24, 2026 · 3:59 PM EDT

Sharplink (SBET) Cost of Revenue (2023 - 2026)

Sharplink (SBET) posted quarterly Cost of Revenue of $432000.0 for Q1 2026, down 29.18% year-over-year from $610000.0 in Q1 2025, and up 15.73% quarter-over-quarter from $373293.0 in Q4 2025.

Sharplink (SBET) Cost of Revenue (2023 - 2026) Analysis & Trends

Sharplink (SBET) has reported Cost of Revenue for 4 consecutive years, with $432000.0 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue fell 29.18% year-over-year to $432000.0; the TTM figure through Mar 2026 stood at $1.7 million (down 35.6% YoY), while the FY2025 annual figure was $1.9 million, down 30.99% from the prior year.
  • Cost of Revenue climbed to $432000.0 in Q1 2026 per SBET's latest filing, from $373293.0 in the prior quarter.
  • Across five years, Cost of Revenue topped out at $958665.0 in Q3 2023 and bottomed at $373293.0 in Q4 2025.
  • Historically, Cost of Revenue has averaged $654625.1 across 4 years, with a median of $676511.0 in 2023.
  • Annual changes were most pronounced in 2024 — Cost of Revenue slipped 2.87% — and 2025, when it slumped 43.19%.
  • Sharplink's Cost of Revenue stood at $676511.0 in 2023, then decreased by 2.87% to $657079.0 in 2024, then slumped by 43.19% to $373293.0 in 2025, then rose by 15.73% to $432000.0 in 2026.
  • Business Quant data shows SBET's Cost of Revenue at $432000.0 in Q1 2026, $373293.0 in Q4 2025, and $430569.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Morgan Stanley 333.21 Bn 173.07 Bn - -
2 Goldman Sachs 311.14 Bn -665.21 Bn - -
3 Schwab Charles 196.95 Bn 123.36 Bn - -
4 Robinhood Markets 93.19 Bn 75.81 Bn 1.20 Bn 104.00 Mn
5 Interactive Brokers 41.71 Bn -22.59 Bn - -
6 LPL Financial Holdings 29.06 Bn 26.36 Bn - -
7 Tradeweb Markets 23.03 Bn 20.97 Bn - -
8 Circle Internet 21.70 Bn 19.97 Bn 288.85 Mn 412.47 Mn
9 Futu Holdings 16.14 Bn 214.18 Mn 733.58 Mn 93.63 Mn
10 Sharplink 822.19 Mn 765.99 Mn 11.27 Mn 258,000.00

Historic Data

Download Data
DateValue
Jun 30, 2026 258,000.00
Jun 30, 2026 258,000.00
Mar 31, 2026 432,000.00
Mar 31, 2026 432,000.00
Dec 31, 2025 373,293.00
Dec 31, 2025 373,293.00
Sep 30, 2025 430,569.00
Sep 30, 2025 430,569.00
Jun 30, 2025 488,202.00
Jun 30, 2025 488,202.00
Mar 31, 2025 610,000.00
Mar 31, 2025 610,000.00
Dec 31, 2024 657,079.00
Dec 31, 2024 657,079.00
Sep 30, 2024 709,045.00
Sep 30, 2024 709,045.00
Jun 30, 2024 701,142.00
Jun 30, 2024 701,142.00
Mar 31, 2024 688,734.00
Mar 31, 2024 688,734.00