Growth Metrics

Sharplink (SBET) Free Cash Flow (2023 - 2026)

Sharplink (SBET) reported Free Cash Flow of -$10.6 million for Q1 2026, down 2250.11% year-over-year from $495137.4 in Q1 2025, and down 14.46% on a QoQ basis from -$9.3 million in Q4 2025.

Sharplink (SBET) has 4 years of Free Cash Flow data on file, last reported at -$10.6 million in Q1 2026.

  • Quarterly Free Cash Flow fell 2250.11% year-over-year to -$10.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$27.7 million (down 313.18% YoY) and the FY2025 annual result came in at -$17.5 million, down 198.6% from the prior year.
  • Free Cash Flow eased to -$10.6 million in Q1 2026 per SBET's latest filing, from -$9.3 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $15.7 million in Q4 2024 and bottomed at -$19.3 million in Q1 2024.
  • The 4-year median for Free Cash Flow is -$1.5 million (2025), against an average of -$2.6 million.
  • The widest annual swing landed in 2024, when Free Cash Flow soared 278.87%; it then slumped 2250.11% in 2026.
  • Tracing SBET's Free Cash Flow over 4 years: stood at $4.1 million in 2023, then soared by 278.87% to $15.7 million in 2024, then tumbled by 159.28% to -$9.3 million in 2025, then dropped by 14.46% to -$10.6 million in 2026.
  • Per Business Quant, the three latest SBET Free Cash Flow figures stand at -$10.6 million (Q1 2026), -$9.3 million (Q4 2025), and -$6.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - -7.85 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - -32.43 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 7.20 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 2.03 Bn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 3.59 Bn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 11.72 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 124.64 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -1.15 Bn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 103.58 Mn
10 Sharplink 1.31 Bn 1.29 Bn 11.63 Mn -10.65 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -10.65 Mn
Mar 31, 2026 -10.65 Mn
Dec 31, 2025 -9.30 Mn
Dec 31, 2025 -9.30 Mn
Sep 30, 2025 -6.25 Mn
Sep 30, 2025 -6.25 Mn
Jun 30, 2025 -1.48 Mn
Jun 30, 2025 -1.48 Mn
Mar 31, 2025 -453,000.00
Mar 31, 2025 -453,000.00
Dec 31, 2024 15.69 Mn
Dec 31, 2024 15.69 Mn
Sep 30, 2024 -591,217.00
Sep 30, 2024 -591,217.00
Jun 30, 2024 -1.66 Mn
Jun 30, 2024 -1.66 Mn
Mar 31, 2024 -19.30 Mn
Mar 31, 2024 -19.30 Mn
Dec 31, 2023 4.14 Mn
Dec 31, 2023 4.14 Mn
Sep 30, 2023 -988,566.00
Sep 30, 2023 -988,566.00
Jun 30, 2023 -292,674.00
Jun 30, 2023 -292,674.00
Mar 31, 2023 -2.55 Mn
Mar 31, 2023 -2.55 Mn