SBET
Sharplink Gaming Ltd
NASDAQ: SBET · FINANCIAL SERVICES · CAPITAL MARKETS
$7.00
-4.24% today
Updated 2026-04-29
Market cap
$1.38B
P/E ratio
—
P/S ratio
49.19x
EPS (TTM)
$-7.37
Dividend yield
—
52W range
$2 – $124
Volume
7.1M
Sharplink Gaming Ltd (SBET) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.48M | $9.34M | $8.75M | $11.43M | $11.64M | $12.00M | $13.13M | $12.47M | $7.07M | $14.71M | $14.05M | $6.77M | $5.86M | $2.38M | $2.28M | $2.64M | $3.49M | $4.95M | $3.66M | $28.05M |
| Revenue growth (YoY) | — | -10.9% | -6.3% | +30.7% | +1.8% | +3.1% | +9.4% | -5.0% | -43.3% | +108.2% | -4.5% | -51.8% | -13.5% | -59.4% | -4.3% | +15.7% | +32.4% | +41.9% | -26.1% | +666.0% |
| Cost of revenue | $3.35M | $2.74M | $2.32M | $3.78M | $4.20M | $3.94M | $4.49M | $4.02M | $2.89M | $8.41M | $6.91M | $2.06M | $2.15M | $2.02M | $1.86M | $2.94M | $2.17M | $3.42M | $2.76M | $1.90M |
| Gross profit | $7.13M | $6.60M | $6.43M | $7.66M | $7.44M | $8.06M | $8.63M | $8.45M | $4.17M | $6.30M | $7.14M | $4.71M | $3.71M | $361507.00 | $423716.00 | $-299362.00 | $1.32M | $1.53M | $906273.00 | $26.15M |
| Gross margin | 68.0% | 70.7% | 73.5% | 67.0% | 63.9% | 67.2% | 65.8% | 67.7% | 59.1% | 42.8% | 50.8% | 69.6% | 63.3% | 15.2% | 18.6% | -11.4% | 37.7% | 30.9% | 24.7% | 93.2% |
| R&D | $3.63M | $2.64M | $2.69M | $1.89M | $1.55M | $1.91M | $1.33M | $1.39M | $1.39M | $1.80M | $2.76M | $2.15M | $825000.00 | $545000.00 | — | — | — | — | — | — |
| SG&A | $5.73M | $7.18M | $3.06M | $3.62M | $3.02M | $3.85M | $2.80M | $3.19M | $2.46M | $3.46M | $3.47M | $3.01M | $2.24M | $743270.00 | $1.63M | $29.76M | $11.88M | $14.23M | $5.67M | $58.90M |
| Operating income | $-2.23M | $-3.21M | $-1.25M | $-763000.00 | $291000.00 | $397000.00 | $2.04M | $1.71M | $-1.56M | $-1.19M | $-1.44M | $-425000.00 | $-823000.00 | $-381763.00 | $-1.21M | $-33.49M | $-14.28M | $-8.89M | $-4.76M | $-32.75M |
| Operating margin | -21.3% | -34.4% | -14.3% | -6.7% | 2.5% | 3.3% | 15.6% | 13.7% | -22.0% | -8.1% | -10.2% | -6.3% | -14.0% | -16.0% | -53.0% | -1270.8% | -409.3% | -179.6% | -130.1% | -116.7% |
| EBITDA | $-1.56M | $-2.56M | $-882000.00 | $-223000.00 | $780000.00 | $928000.00 | $2.50M | $2.02M | $-1.35M | $-3.85M | $-4.59M | $-229000.00 | $-758000.00 | $-268129.00 | $-1.00M | $-33.26M | $-13.09M | $-6.19M | $-4.75M | $-32.74M |
| EBITDA margin | -14.9% | -27.4% | -10.1% | -2.0% | 6.7% | 7.7% | 19.0% | 16.2% | -19.1% | -26.2% | -32.7% | -3.4% | -12.9% | -11.3% | -44.0% | -1261.9% | -375.0% | -125.0% | -129.7% | -116.7% |
| EBIT | $-2.23M | $-3.21M | $-1.25M | $-763000.00 | $291000.00 | $481000.00 | $2.10M | $1.71M | $-1.64M | $-4.72M | $-5.70M | $-327000.00 | $-840000.00 | $-365986.00 | $-1.14M | $-33.47M | $-14.00M | $-6.43M | $-4.76M | $-32.75M |
| Interest expense | $54000.00 | $105000.00 | — | $31000.00 | $68000.00 | $84000.00 | — | $73000.00 | $80000.00 | $177000.00 | $27000.00 | $53000.00 | $284000.00 | $20037.00 | $1375.00 | $26.19M | $109165.00 | $1.15M | $324518.00 | $0.00 |
| Income tax | $118000.00 | $-68000.00 | $108000.00 | $20000.00 | $47000.00 | $10000.00 | $736000.00 | $435000.00 | $54000.00 | $194000.00 | $-507000.00 | $-9000.00 | $46000.00 | $-79870.00 | $970.00 | $4171.00 | $-12955.00 | $15708.00 | $-232.00 | — |
| Effective tax rate | -5.2% | 1.2% | -12.7% | -2.3% | 21.1% | 2.5% | 35.0% | 24.6% | -3.3% | -4.1% | 8.9% | 0.5% | -5.5% | 20.7% | -0.1% | -0.0% | 0.1% | -0.1% | -0.0% | 0.0% |
| Net income | $-2.40M | $-5.63M | $-960000.00 | $-877000.00 | $176000.00 | $387000.00 | $1.37M | $1.33M | $-1.69M | $-4.92M | $-5.19M | $-1.72M | $-886000.00 | $-306153.00 | $-1.14M | $-55.64M | $-15.23M | $-14.24M | $10.10M | $-734.59M |
| Net income growth (YoY) | — | -133.9% | +82.9% | +8.6% | +120.1% | +119.9% | +253.0% | -2.4% | -226.8% | -190.9% | -5.7% | +67.0% | +48.3% | +65.4% | -272.1% | -4785.0% | +72.6% | +6.5% | +170.9% | -7373.4% |
| Profit margin | -22.9% | -60.2% | -11.0% | -7.7% | 1.5% | 3.2% | 10.4% | 10.7% | -23.9% | -33.4% | -37.0% | -25.3% | -15.1% | -12.9% | -50.0% | -2111.1% | -436.5% | -287.6% | 275.8% | -2618.4% |