Sharplink (SBET) Operating Income (2023 - 2026)
Sharplink's (SBET) quarterly Operating Income came in at -$393.5 million in Q2 2026, down 280.39% year-over-year from $218.1 million in Q2 2025, and up 42.53% quarter-over-quarter from -$684.6 million in Q1 2026.
Analysis
Sharplink (SBET) Operating Income (2023 - 2026) Analysis & Trends
Sharplink (SBET) has reported Operating Income for 4 consecutive years, with -$393.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income fell 280.39% year-over-year to -$393.5 million in Q2 2026; TTM through Jun 2026 was -$1.7 billion, a 1507.46% decrease from a year earlier, with the FY2025 full-year figure at -$733.9 million, down 15308.71% from the prior year.
- Operating Income was -$393.5 million for Q2 2026 at Sharplink, up from -$684.6 million in the prior quarter.
- Over five years, Operating Income peaked at $104.9 million in Q3 2025 and troughed at -$734.5 million in Q4 2025.
- A 4-year average of -$130.4 million and a median of -$1.7 million in 2023 frame the typical range for Operating Income.
- Across the five-year window, Operating Income jumped 13257.27% in 2025 and slumped 73828.62% in 2026, its largest moves.
- Over 4 years, Operating Income stood at -$4.1 million in 2023, then surged by 73.74% to -$1.1 million in 2024, then tumbled by 68155.41% to -$734.5 million in 2025, then soared by 46.43% to -$393.5 million in 2026.
- The last three Operating Income figures came in at -$393.5 million (Q2 2026), -$684.6 million (Q1 2026), and -$734.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Zeta Global Holdings | 6.86 Bn | 6.55 Bn | 261.77 Mn | 16.92 Mn |
| 2 | Klaviyo | 4.57 Bn | 3.74 Bn | 269.10 Mn | -14.96 Mn |
| 3 | Braze | 2.77 Bn | 2.37 Bn | 151.86 Mn | -18.12 Mn |
| 4 | LiveRamp Holdings | 2.29 Bn | 1.92 Bn | 150.94 Mn | 20.16 Mn |
| 5 | Sharplink | 932.38 Mn | 876.18 Mn | 11.27 Mn | -393.45 Mn |
| 6 | Sprout Social | 616.14 Mn | 496.21 Mn | 96.09 Mn | -2.67 Mn |
| 7 | Yext | 609.60 Mn | 522.77 Mn | 83.84 Mn | 17.56 Mn |
| 8 | TechTarget | 277.74 Mn | 231.92 Mn | 64.48 Mn | 49.13 Mn |
| 9 | Grandstand | 56.16 Mn | 47.35 Mn | 31.83 Mn | -1.17 Mn |
| 10 | Entrepreneur Universe Bright | 56.14 Mn | 45.47 Mn | 598,485.00 | 25,846.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -393.45 Mn |
| Mar 31, 2026 | -684.58 Mn |
| Dec 31, 2025 | -734.53 Mn |
| Sep 30, 2025 | 104.92 Mn |
| Jun 30, 2025 | -103.43 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 |