Growth Metrics

Sharplink (SBET) Operating Income (2023 - 2026)

Sharplink (SBET) reported Operating Income of -$684.6 million for Q1 2026, down 73828.62% year-over-year from N/an in Q1 2025, and down 65855.23% on a QoQ basis from -$1.0 million in Q4 2025.

Sharplink (SBET) has 4 years of Operating Income data on file, last reported at -$684.6 million in Q1 2026.

  • Quarterly Operating Income fell 73828.62% year-over-year to -$684.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$684.1 million (down 16984.24% YoY) and the FY2025 annual result came in at -$423000.0, up 91.12% from the prior year.
  • Operating Income declined to -$684.6 million in Q1 2026 per SBET's latest filing, from -$1.0 million in the prior quarter.
  • Across five years, Operating Income topped out at $104.9 million in Q3 2025 and bottomed at -$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.
  • The widest annual swing landed in 2025, when Operating Income soared 13257.27%; it then tumbled 73828.62% in 2026.
  • Tracing SBET's Operating Income over 4 years: stood at -$4.1 million in 2023, then jumped by 73.74% to -$1.1 million in 2024, then gained by 3.55% to -$1.0 million in 2025, then slumped by 65855.23% to -$684.6 million in 2026.
  • Per Business Quant, the three latest SBET Operating Income figures stand at -$684.6 million (Q1 2026), -$1.0 million (Q4 2025), and $104.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - -
2 Goldman Sachs 318.59 Bn -618.96 Bn - -
3 Schwab Charles 154.74 Bn 109.76 Bn - -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 304.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 45.00 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -233.52 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 287.25 Mn
10 Sharplink 1.31 Bn 1.29 Bn 11.63 Mn -684.58 Mn

Historic Data

Download Data 🔒
DateValue
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