Sharplink (SBET) Operating Income (2023 - 2026)
Sharplink (SBET) posted quarterly Operating Income of -$684.6 million for Q1 2026, down 73828.62% YoY from N/an in Q1 2025, and down 65855.23% sequentially from -$1.0 million in Q4 2025.
Sharplink (SBET) Operating Income (2023 - 2026) Analysis & Trends
Sharplink has disclosed Operating Income across 4 years of filings, most recently posting -$684.6 million for Q1 2026.
- In Q1 2026, Operating Income fell 73828.62% year-over-year to -$684.6 million; the TTM figure through Mar 2026 stood at -$684.1 million (down 16984.24% YoY), while the FY2025 annual figure was -$423000.0, up 91.12% from the prior year.
- Operating Income fell to -$684.6 million in Q1 2026, from -$1.0 million in the prior quarter.
- Over the last five years, Operating Income for SBET reached as high as $104.9 million in Q3 2025 and fell as low as -$684.6 million in Q1 2026.
- The 4-year median for Operating Income is -$1.4 million (2023), against an average of -$53.7 million.
- Annual changes were most pronounced in 2025 — Operating Income surged 13257.27% — and 2026, when it tumbled 73828.62%.
- A 4-year view of Operating Income shows it stood at -$4.1 million in 2023, then soared by 73.74% to -$1.1 million in 2024, then climbed by 3.55% to -$1.0 million in 2025, then slumped by 65855.23% to -$684.6 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$684.6 million, -$1.0 million, and $104.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 532.81 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 304.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 287.25 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 45.00 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -233.52 Mn |
| 10 | Sharplink | 1.09 Bn | 1.07 Bn | 11.63 Mn | -684.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -684.58 Mn |
| Dec 31, 2025 | -1.04 Mn |
| Sep 30, 2025 | 104.92 Mn |
| Jun 30, 2025 | -103.38 Mn |
| Mar 31, 2025 | -926,000.00 |
| Dec 31, 2024 | -1.08 Mn |
| Sep 30, 2024 | -797,435.00 |
| Jun 30, 2024 | -1.20 Mn |
| Mar 31, 2024 | -1.68 Mn |
| Dec 31, 2023 | -4.10 Mn |
| Sep 30, 2023 | -1.40 Mn |
| Jun 30, 2023 | -1.74 Mn |
| Mar 31, 2023 | -1.66 Mn |