Sharplink (SBET) Operating Expenses (2023 - 2026)

Sharplink (SBET) has 4 years of Operating Expenses data on file, last reported at $202.0 million in Q1 2026.

• Quarterly Operating Expenses rose 12008.99% year-over-year to $202.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $296.6 million (up 4307.07% YoY) and the FY2025 annual result came in at $201.0 million, up 2285.9% from the prior year.
• Operating Expenses advanced to $202.0 million in Q1 2026 per SBET's latest filing, from $72.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $202.0 million in Q1 2026 and bottomed at $1.5 million in Q2 2024.
• The 4-year median for Operating Expenses is $2.0 million (2023), against an average of $24.1 million.
• The widest annual swing landed in 2024, when Operating Expenses sank 30.52%; it then jumped 12008.99% in 2026.
• Tracing SBET's Operating Expenses over 4 years: stood at $2.0 million in 2023, then retreated by 4.26% to $1.9 million in 2024, then soared by 3731.73% to $72.8 million in 2025, then soared by 177.54% to $202.0 million in 2026.
• Per Business Quant, the three latest SBET Operating Expenses figures stand at $202.0 million (Q1 2026), $72.8 million (Q4 2025), and $19.6 million (Q3 2025).

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