Sharplink (SBET) Free Cash Flow (2023 - 2026)
Sharplink (SBET) posted quarterly Free Cash Flow of -$10.6 million for Q1 2026, down 2250.11% YoY from $495137.4 in Q1 2025, and down 14.46% sequentially from -$9.3 million in Q4 2025.
Sharplink (SBET) Free Cash Flow (2023 - 2026) Analysis & Trends
Sharplink has disclosed Free Cash Flow across 4 years of filings, most recently posting -$10.6 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 2250.11% year-over-year to -$10.6 million; the TTM figure through Mar 2026 stood at -$27.7 million (down 313.18% YoY), while the FY2025 annual figure was -$17.5 million, down 198.6% from the prior year.
- Free Cash Flow declined to -$10.6 million in Q1 2026, from -$9.3 million in the prior quarter.
- Over the last five years, Free Cash Flow for SBET reached as high as $15.7 million in Q4 2024 and fell as low as -$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.
- Annual changes were most pronounced in 2024 — Free Cash Flow surged 278.87% — and 2026, when it slumped 2250.11%.
- A 4-year view of Free Cash Flow shows it stood at $4.1 million in 2023, then surged by 278.87% to $15.7 million in 2024, then tumbled by 159.28% to -$9.3 million in 2025, then fell by 14.46% to -$10.6 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$10.6 million, -$9.3 million, and -$6.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | -7.85 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | -32.43 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 7.20 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 2.03 Bn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 124.64 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 103.58 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 11.72 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -1.15 Bn |
| 10 | Sharplink | 1.09 Bn | 1.07 Bn | 11.63 Mn | -10.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |