Sharplink (SBET) EBT (2023 - 2026)
Sharplink (SBET) posted quarterly EBT of -$684.4 million for Q1 2026, down 74777.24% YoY from N/an in Q1 2025, and up 6.79% sequentially from -$734.3 million in Q4 2025.
Sharplink (SBET) EBT (2023 - 2026) Analysis & Trends
Sharplink has disclosed EBT across 4 years of filings, most recently posting -$684.4 million for Q1 2026.
- In Q1 2026, EBT fell 74777.24% year-over-year to -$684.4 million; the TTM figure through Mar 2026 stood at -$1.4 billion (down 38903.23% YoY), while the FY2025 annual figure was -$733.5 million, down 16294.05% from the prior year.
- EBT advanced to -$684.4 million in Q1 2026, from -$734.3 million in the prior quarter.
- Over the last five years, EBT for SBET reached as high as $105.0 million in Q3 2025 and fell as low as -$734.3 million in Q4 2025.
- The 4-year median for EBT is -$2.0 million (2023), against an average of -$110.3 million.
- Annual changes were most pronounced in 2025 — EBT surged 13544.95% — and 2026, when it sank 74777.24%.
- A 4-year view of EBT shows it stood at -$4.7 million in 2023, then surged by 77.25% to -$1.1 million in 2024, then tumbled by 68905.71% to -$734.3 million in 2025, then increased by 6.79% to -$684.4 million in 2026.
- According to Business Quant data, EBT over the past three periods registered -$684.4 million, -$734.3 million, and $105.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 7.01 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 6.49 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 3.19 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 514.30 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 411.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 484.58 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 302.92 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 56.69 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -254.09 Mn |
| 10 | Sharplink | 1.09 Bn | 1.07 Bn | 11.63 Mn | -684.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -684.38 Mn |
| Dec 31, 2025 | -734.25 Mn |
| Sep 30, 2025 | 105.04 Mn |
| Jun 30, 2025 | -103.34 Mn |
| Mar 31, 2025 | -914,000.00 |
| Dec 31, 2024 | -1.06 Mn |
| Sep 30, 2024 | -781,257.00 |
| Jun 30, 2024 | -873,560.00 |
| Mar 31, 2024 | -1.76 Mn |
| Dec 31, 2023 | -4.68 Mn |
| Sep 30, 2023 | -2.03 Mn |
| Jun 30, 2023 | -2.40 Mn |
| Mar 31, 2023 | -2.13 Mn |