Sharplink (SBET) Gross Margin (2023 - 2026)
Sharplink's (SBET) quarterly Gross Margin came in at 97.76% in Q2 2026, up 6776.0% year-over-year from 1.42% in Q2 2025, and up 1.39% quarter-over-quarter from 96.42% in Q1 2026.
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Sharplink (SBET) Gross Margin (2023 - 2026) Analysis & Trends
Sharplink (SBET) has reported Gross Margin for 4 consecutive years, with 97.76% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 6776.0% year-over-year to 97.76% in Q2 2026; TTM through Jun 2026 was 97.02%, a 7540.0% increase from a year earlier, with the FY2025 full-year figure at 93.22%, up 6847.0% from the prior year.
- Gross Margin was 97.76% for Q2 2026 at Sharplink, up from 96.42% in the prior quarter.
- Over five years, Gross Margin peaked at 97.76% in Q2 2026 and troughed at 17.76% in Q1 2025.
- A 4-year average of 47.0% and a median of 29.93% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 1393 bps in 2024 and soared 7866 bps in 2026, its largest moves.
- Over 4 years, Gross Margin stood at 34.13% in 2023, then plunged by 41 bps to 20.2% in 2024, then surged by 383 bps to 97.63% in 2025, then gained by 0 bps to 97.76% in 2026.
- The last three Gross Margin figures came in at 97.76% (Q2 2026), 96.42% (Q1 2026), and 97.63% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Zeta Global Holdings | 6.86 Bn | 6.55 Bn | 261.77 Mn | 59.12% |
| 2 | Klaviyo | 4.57 Bn | 3.74 Bn | 269.10 Mn | 72.62% |
| 3 | Braze | 2.77 Bn | 2.37 Bn | 151.86 Mn | 66.83% |
| 4 | LiveRamp Holdings | 2.29 Bn | 1.92 Bn | 150.94 Mn | 70.54% |
| 5 | Sharplink | 932.38 Mn | 876.18 Mn | 11.27 Mn | 97.76% |
| 6 | Sprout Social | 616.14 Mn | 496.21 Mn | 96.09 Mn | 77.59% |
| 7 | Yext | 609.60 Mn | 522.77 Mn | 83.84 Mn | 75.46% |
| 8 | TechTarget | 277.74 Mn | 231.92 Mn | 64.48 Mn | 55.52% |
| 9 | Grandstand | 56.16 Mn | 47.35 Mn | 31.83 Mn | 84.29% |
| 10 | Entrepreneur Universe Bright | 56.14 Mn | 45.47 Mn | 598,485.00 | 80.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.76% |
| Mar 31, 2026 | 96.42% |
| Dec 31, 2025 | 97.63% |
| Sep 30, 2025 | 96.03% |
| Jun 30, 2025 | 30.00% |
| Mar 31, 2025 | 17.76% |
| Dec 31, 2024 | 20.20% |
| Sep 30, 2024 | 19.58% |
| Jun 30, 2024 | 28.55% |
| Mar 31, 2024 | 29.43% |
| Dec 31, 2023 | 34.13% |
| Sep 30, 2023 | 28.95% |
| Jun 30, 2023 | 29.87% |
| Mar 31, 2023 | 31.64% |