Sharplink (SBET) Operating Margin (2023 - 2026)

Sharplink (SBET) posted quarterly Operating Margin of 5677.38% for Q1 2026, down 555259.0% YoY from N/an in Q1 2025, and down 86172.43% sequentially from 6.58% in Q4 2025.

Sharplink (SBET) Operating Margin (2023 - 2026) Analysis & Trends

Sharplink has disclosed Operating Margin across 4 years of filings, most recently posting 5677.38% for Q1 2026.

  • In Q1 2026, Operating Margin fell 555259.0% year-over-year to 5677.38%; the TTM figure through Mar 2026 stood at 1737.5% (down 162070.0% YoY), while the FY2025 annual figure was 1.51%, up 12856.0% from the prior year.
  • Operating Margin fell to 5677.38% in Q1 2026, from 6.58% in the prior quarter.
  • Over the last five years, Operating Margin for SBET reached as high as 967.58% in Q3 2025 and fell as low as 14825.97% in Q2 2025.
  • The 4-year median for Operating Margin is 129.18% (2023), against an average of 1611.56%.
  • The widest YoY moves for Operating Margin: up 105803 bps in 2025, down 1470322 bps in 2025.
  • A 4-year view of Operating Margin shows it stood at 398.98% in 2023, then surged by 67 bps to 130.75% in 2024, then jumped by 95 bps to 6.58% in 2025, then tumbled by 86172 bps to 5677.38% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 5677.38%, 6.58%, and 967.58% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (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 149.71%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 28.49%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 46.50%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 108.11%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -161.28%
10 Sharplink 1.09 Bn 1.07 Bn 11.63 Mn -5,677.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 -5,677.38%
Dec 31, 2025 -6.58%
Sep 30, 2025 967.58%
Jun 30, 2025 -14,825.97%
Mar 31, 2025 -124.80%
Dec 31, 2024 -130.75%
Sep 30, 2024 -90.44%
Jun 30, 2024 -122.75%
Mar 31, 2024 -172.64%
Dec 31, 2023 -398.98%
Sep 30, 2023 -104.08%
Jun 30, 2023 -129.18%
Mar 31, 2023 -134.27%