Sharplink (SBET) EBITDA (2023 - 2026)
Sharplink (SBET) reported EBITDA of -$684.6 million for Q1 2026, down 73828.62% year-over-year from N/an in Q1 2025, and down 65855.23% on a QoQ basis from -$1.0 million in Q4 2025.
Sharplink (SBET) has 4 years of EBITDA data on file, last reported at -$684.6 million in Q1 2026.
- Quarterly EBITDA fell 73828.62% year-over-year to -$684.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$684.1 million (down 16984.24% YoY) and the FY2025 annual result came in at -$423000.0, up 91.12% from the prior year.
- EBITDA declined to -$684.6 million in Q1 2026 per SBET's latest filing, from -$1.0 million in the prior quarter.
- Across five years, EBITDA topped out at $104.9 million in Q3 2025 and bottomed at -$684.6 million in Q1 2026.
- The 4-year median for EBITDA is -$1.4 million (2023), against an average of -$53.7 million.
- The widest annual swing landed in 2025, when EBITDA soared 13257.27%; it then tumbled 73828.62% in 2026.
- Tracing SBET's EBITDA over 4 years: stood at -$4.1 million in 2023, then jumped by 73.74% to -$1.1 million in 2024, then gained by 3.55% to -$1.0 million in 2025, then slumped by 65855.23% to -$684.6 million in 2026.
- Per Business Quant, the three latest SBET EBITDA figures stand at -$684.6 million (Q1 2026), -$1.0 million (Q4 2025), and $104.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 19.58 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 23.57 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 4.01 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 304.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 246.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 46.00 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 584.88 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -254.94 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 294.45 Mn |
| 10 | Sharplink | 1.31 Bn | 1.29 Bn | 11.63 Mn | -684.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -684.58 Mn |
| Dec 31, 2025 | -1.04 Mn |
| Sep 30, 2025 | 104.92 Mn |
| Jun 30, 2025 | -103.38 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 |