# Sharplink, Inc.: overview

SBET · Nasdaq · CIK 1981535 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/sbet.md) · [Financials](/companies/sbet/financials.md) · [Filings](/companies/sbet/filings.md) · [Insiders](/companies/sbet/insiders.md)

Latest reported revenue: [$11.5m](/filings/0001493152-26-036620.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:Revenues, accession 0001493152-26-036620).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [0.9](/filings/0001493152-25-021970.md) | [0.8 d](/filings/0001493152-26-009214.md) | [0.7](/filings/0001641172-25-010881.md) | [0.7](/filings/0001641172-25-024107.md) | [10.8](/filings/0001493152-25-021970.md) | [15.8 d](/filings/0001493152-26-009214.md) | [12.1](/filings/0001493152-26-021981.md) | [11.5](/filings/0001493152-26-036620.md) |
| Gross margin | % | [19.6%](/filings/0001437749-24-035335.md) | [20.2% d](/filings/0001437749-25-007821.md) | [17.8%](/filings/0001641172-25-010881.md) | [30.0%](/filings/0001641172-25-024107.md) | not reported | not reported | not reported | not reported |
| Operating margin | % | [(90.4%)](/filings/0001493152-25-021970.md) | [(130.7%) d](/filings/0001493152-26-009214.md) | [(124.8%)](/filings/0001493152-26-021981.md) | [(14833.5%)](/filings/0001493152-26-036620.md) | [967.6%](/filings/0001493152-25-021970.md) | [(4657.1%) d](/filings/0001493152-26-009214.md) | [(5677.4%)](/filings/0001493152-26-021981.md) | [(3413.0%)](/filings/0001493152-26-036620.md) |
| Net margin | % | [(100.4%)](/filings/0001493152-25-021970.md) | [(109.7%) d](/filings/0001493152-26-009214.md) | [(131.4%)](/filings/0001493152-26-036620.md) | [(14832.1%)](/filings/0001493152-26-036620.md) | [961.6%](/filings/0001493152-25-021970.md) | [(4656.6%) d](/filings/0001493152-26-009214.md) | [(5685.5%)](/filings/0001493152-26-036620.md) | [(3420.1%)](/filings/0001493152-26-036620.md) |
| Diluted EPS | $ per share | [(3.02)](/filings/0001493152-25-021970.md) | not reported | [(1.84)](/filings/0001493152-26-021981.md) | [(4.27)](/filings/0001493152-26-036620.md) | [0.62](/filings/0001493152-25-021970.md) | not reported | [(3.25)](/filings/0001493152-26-021981.md) | [(1.88)](/filings/0001493152-26-036620.md) |
| Free cash flow | $m | [(0.6) d](/filings/0001493152-25-021970.md) | [(1.3) d](/filings/0001493152-26-009214.md) | not reported | not reported | [(6.3) d](/filings/0001493152-25-021970.md) | [(9.1) d](/filings/0001493152-26-009214.md) | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: |
| Revenue | $m | [3.5](/filings/0001493152-24-012028.md) | [5.0](/filings/0001493152-24-012028.md) | [3.7](/filings/0001493152-26-009214.md) | [28.1](/filings/0001493152-26-009214.md) |
| Gross margin | % | [37.7%](/filings/0001493152-24-012028.md) | [30.9%](/filings/0001437749-25-007821.md) | [24.7%](/filings/0001437749-25-007821.md) | not reported |
| Operating margin | % | [(409.3%)](/filings/0001493152-24-012028.md) | [(179.6%)](/filings/0001437749-25-007821.md) | [(130.1%)](/filings/0001493152-26-009214.md) | [(2616.0%)](/filings/0001493152-26-009214.md) |
| Net margin | % | [(436.5%)](/filings/0001493152-24-012028.md) | [(287.6%)](/filings/0001437749-25-007821.md) | [275.8%](/filings/0001493152-26-009214.md) | [(2618.4%)](/filings/0001493152-26-009214.md) |
| Diluted EPS | $ per share | [(6.13)](/filings/0001493152-24-012028.md) | [(5.17)](/filings/0001437749-25-007821.md) | [27.62](/filings/0001493152-26-009214.md) | [(7.37)](/filings/0001493152-26-009214.md) |
| Free cash flow | $m | [(6.0)](/filings/0001493152-24-012028.md) | [0.6](/filings/0001437749-25-007821.md) | [(22.8)](/filings/0001493152-26-009214.md) | [(17.6)](/filings/0001493152-26-009214.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/sbet/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $77.5m | 16,139,807 |  | Added +12,557,670 |
| [HIGHBRIDGE CAPITAL MANAGEMENT LLC](/funds/919185.md) | 2026-06-30 | $68.9m | 14,357,573 |  | Added +13,668,620 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $44.9m | 9,348,731 |  | Reduced −9,213,124 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $37.7m | 5,472,724 |  | Added +3,144,662 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $28.0m | 5,835,400 |  | Added +4,022,894 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $22.6m | 4,703,344 |  | Reduced −128,774 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $21.3m | 4,431,363 |  | Added +1,186,397 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $19.9m | 4,151,084 |  | Added +910,050 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $17.5m | 3,650,602 |  | Added +2,682,350 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $14.9m | 3,109,789 |  | Added +1,373,845 |

## Recent filings

[All 239 filings](/companies/sbet/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-13 | 17:44 ET | [SCHEDULE 13D/A](/filings/0001493152-26-046897.md) | Ownership report, active investor, amended | 0001493152-26-046897 |
| 2026-08-10 | 07:45 ET | [8-K](/filings/0001493152-26-036741.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001493152-26-036741 |
| 2026-08-07 | 16:45 ET | [10-Q](/filings/0001493152-26-036620.md) | Quarterly report, period 2026-06-30 | 0001493152-26-036620 |
| 2026-06-30 | 08:15 ET | [8-K](/filings/0001493152-26-031202.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-031202 |
| 2026-06-23 | 16:30 ET | [8-K](/filings/0001493152-26-029804.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-029804 |
| 2026-05-11 | 08:15 ET | [8-K](/filings/0001493152-26-022140.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-022140 |
| 2026-05-08 | 16:16 ET | [10-Q](/filings/0001493152-26-021981.md) | Quarterly report, period 2026-03-31 | 0001493152-26-021981 |
| 2026-04-16 | 20:39 ET | [SCHEDULE 13D/A](/filings/0001493152-26-017133.md) | Ownership report, active investor, amended | 0001493152-26-017133 |
| 2026-04-14 | 08:00 ET | [8-K](/filings/0001493152-26-016477.md) | 5.07 Shareholder vote results | 0001493152-26-016477 |
| 2026-04-03 | 17:15 ET | [8-K](/filings/0001493152-26-015182.md) | 1.02 Termination of a material agreement | 0001493152-26-015182 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001493152-26-009214.md), filed Mar 9, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/01ced5d8-912c-4232-a264-5c26ae678222)

## About the filer

- CIK: 1981535
- Tickers: SBET
- Exchange: Nasdaq
- SIC code: 6199 Finance Services
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 16:57 ET. No prices; not investment advice.
