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% quarter-over-quarter from -$9.3 million in Q4 2025.

Sharplink (SBET) Free Cash Flow (2023 - 2026) Analysis & Trends

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

  • Free Cash Flow for Q1 2026 came in at -$10.6 million, down 2250.11% year-over-year; the trailing twelve-month figure through Mar 2026 was -$27.7 million (down 313.18% YoY), and the FY2025 annual result was -$17.5 million, down 198.6% from the prior year.
  • Free Cash Flow slipped to -$10.6 million in Q1 2026 per SBET's latest filing, from -$9.3 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $15.7 million in Q4 2024 and troughed at -$19.3 million in Q1 2024.
  • A 4-year average of -$2.6 million and a median of -$1.5 million in 2025 frame the typical range for Free Cash Flow.
  • The sharpest annual moves came in 2024 and 2026: Free Cash Flow surged 278.87% in 2024, then plunged 2250.11% in 2026.
  • 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 sank by 159.28% to -$9.3 million in 2025, then fell by 14.46% to -$10.6 million in 2026.
  • Business Quant data shows SBET's Free Cash Flow at -$10.6 million in Q1 2026, -$9.3 million in Q4 2025, and -$6.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -1.33 Mn
2 Morgan Stanley 349.82 Bn 216.29 Bn - -7.85 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - -32.43 Bn
4 Schwab Charles 160.31 Bn 115.33 Bn - 7.20 Bn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 2.03 Bn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 3.59 Bn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 124.64 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 103.58 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -1.15 Bn
10 Sharplink 63.05 Mn 46.18 Mn 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