Growth Metrics

Sharplink (SBET) EBIAT (2023 - 2026)

Sharplink (SBET) reported EBIAT of -$685.6 million for Q1 2026, down 70213.95% year-over-year from N/an in Q1 2025, and up 6.66% on a QoQ basis from -$734.5 million in Q4 2025.

Sharplink (SBET) has 4 years of EBIAT data on file, last reported at -$685.6 million in Q1 2026.

  • Quarterly EBIAT fell 70213.95% year-over-year to -$685.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.4 billion (down 7917.15% YoY) and the FY2025 annual result came in at -$734.5 million, down 16317.43% from the prior year.
  • EBIAT rose to -$685.6 million in Q1 2026 per SBET's latest filing, from -$734.5 million in the prior quarter.
  • Across five years, EBIAT topped out at $104.2 million in Q3 2025 and bottomed at -$734.5 million in Q4 2025.
  • The 4-year median for EBIAT is -$2.8 million (2023), against an average of -$110.6 million.
  • The widest annual swing landed in 2025, when EBIAT surged 13329.48%; it then slumped 70213.95% in 2026.
  • Tracing SBET's EBIAT over 4 years: stood at -$5.1 million in 2023, then plunged by 201.76% to -$15.5 million in 2024, then slumped by 4645.82% to -$734.5 million in 2025, then gained by 6.66% to -$685.6 million in 2026.
  • Per Business Quant, the three latest SBET EBIAT figures stand at -$685.6 million (Q1 2026), -$734.5 million (Q4 2025), and $104.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIAT (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - -
2 Goldman Sachs 318.59 Bn -618.96 Bn - -
3 Schwab Charles 154.74 Bn 109.76 Bn - -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 350.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn -
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 356.40 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -247.83 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 205.28 Mn
10 Sharplink 1.31 Bn 1.29 Bn 11.63 Mn -685.56 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -685.56 Mn
Dec 31, 2025 -734.48 Mn
Sep 30, 2025 104.25 Mn
Jun 30, 2025 -103.42 Mn
Mar 31, 2025 -975,000.00
Dec 31, 2024 -15.48 Mn
Sep 30, 2024 -787,992.00
Jun 30, 2024 -462,959.00
Mar 31, 2024 12.35 Mn
Dec 31, 2023 -5.13 Mn
Sep 30, 2023 -2.03 Mn
Jun 30, 2023 -3.44 Mn
Mar 31, 2023 -2.82 Mn