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
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