Sharplink SBET
NASDAQ SBET
$9.35 +1.09 (+13.20%)
At close: Sep 18, 2026 · 4:00 PM EDT

Sharplink (SBET) EBITDA (2023 - 2026)

Sharplink's (SBET) quarterly EBITDA came in at -$393.5 million in Q2 2026, down 280.39% year-over-year from $218.1 million in Q2 2025, and up 42.53% quarter-over-quarter from -$684.6 million in Q1 2026.

Analysis

Sharplink (SBET) EBITDA (2023 - 2026) Analysis & Trends

Sharplink (SBET) has reported EBITDA for 4 consecutive years, with -$393.5 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBITDA fell 280.39% year-over-year to -$393.5 million in Q2 2026; TTM through Jun 2026 was -$1.7 billion, a 1507.46% decrease from a year earlier, with the FY2025 full-year figure at -$733.9 million, down 15308.71% from the prior year.
  • EBITDA was -$393.5 million for Q2 2026 at Sharplink, up from -$684.6 million in the prior quarter.
  • Over five years, EBITDA peaked at $104.9 million in Q3 2025 and troughed at -$734.5 million in Q4 2025.
  • A 4-year average of -$130.4 million and a median of -$1.7 million in 2023 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA jumped 13257.27% in 2025 and slumped 73828.62% in 2026, its largest moves.
  • Over 4 years, EBITDA stood at -$4.1 million in 2023, then surged by 73.74% to -$1.1 million in 2024, then tumbled by 68155.41% to -$734.5 million in 2025, then soared by 46.43% to -$393.5 million in 2026.
  • The last three EBITDA figures came in at -$393.5 million (Q2 2026), -$684.6 million (Q1 2026), and -$734.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Zeta Global Holdings 6.86 Bn 6.55 Bn 261.77 Mn 16.92 Mn
2 Klaviyo 4.57 Bn 3.74 Bn 269.10 Mn -14.96 Mn
3 Braze 2.77 Bn 2.37 Bn 151.86 Mn -18.12 Mn
4 LiveRamp Holdings 2.29 Bn 1.92 Bn 150.94 Mn 20.16 Mn
5 Sharplink 932.38 Mn 876.18 Mn 11.27 Mn -393.45 Mn
6 Sprout Social 616.14 Mn 496.21 Mn 96.09 Mn -2.67 Mn
7 Yext 609.60 Mn 522.77 Mn 83.84 Mn 17.56 Mn
8 TechTarget 277.74 Mn 231.92 Mn 64.48 Mn 49.55 Mn
9 Grandstand 56.16 Mn 47.35 Mn 31.83 Mn -1.17 Mn
10 Entrepreneur Universe Bright 56.14 Mn 45.47 Mn 598,485.00 25,846.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -393.45 Mn
Mar 31, 2026 -684.58 Mn
Dec 31, 2025 -734.53 Mn
Sep 30, 2025 104.92 Mn
Jun 30, 2025 -103.43 Mn
Mar 31, 2025 -926,000.00
Dec 31, 2024 -1.08 Mn
Sep 30, 2024 -797,435.00
Jun 30, 2024 -1.20 Mn
Mar 31, 2024 -1.68 Mn
Dec 31, 2023 -4.10 Mn
Sep 30, 2023 -1.40 Mn
Jun 30, 2023 -1.74 Mn
Mar 31, 2023 -1.66 Mn