Sharplink (SBET) Gross Margin (2023 - 2026)

Sharplink (SBET) has reported Gross Margin for 4 consecutive years, with 96.42% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin rose 7866.0% year-over-year to 96.42%; the TTM figure through Mar 2026 stood at 95.62% (up 7372.0% YoY), while the FY2025 annual figure was 93.22%, up 6847.0% from the prior year.
• Gross Margin slipped to 96.42% in Q1 2026 per SBET's latest filing, from 97.63% in the prior quarter.
• Across five years, Gross Margin topped out at 97.63% in Q4 2025 and bottomed at 17.76% in Q1 2025.
• Historically, Gross Margin has averaged 43.09% across 4 years, with a median of 29.87% in 2023.
• Annual changes were most pronounced in 2024 — Gross Margin sank 1393 bps — and 2026, when it jumped 7866 bps.
• Sharplink's Gross Margin stood at 34.13% in 2023, then plunged by 41 bps to 20.2% in 2024, then jumped by 383 bps to 97.63% in 2025, then slipped by 1 bps to 96.42% in 2026.
• Business Quant data shows SBET's Gross Margin at 96.42% in Q1 2026, 97.63% in Q4 2025, and 96.03% in Q3 2025.