SharpLink, Inc.
SBET
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- SharpLink, Inc. operates in the capital markets sector, which is experiencing a significant digital transformation, positioning the company to capitalize on emerging opportunities in financial technology.
- SharpLink's revenue grew by 155.39% year-over-year, indicating strong demand for its services.
- The company's gross margin stands at an impressive 97.76%, showcasing its ability to maintain profitability despite operational challenges.
- The company has a high forward P/E ratio of 79.17, suggesting that investors are pricing in significant future growth, which may not materialize.
- SharpLink reported a net income loss of $394.27 million in the latest quarter, highlighting ongoing financial struggles.
- The operating margin remains negative at -2048.41% for the first quarter of 2026, indicating severe operational inefficiencies.
Fundamentals
| Market cap | $1.91B | Enterprise value | $1.86B | Trailing P/E | — | Forward P/E | 73.42 |
| PEG | — | Price / book | 1.36 | Beta | 10.59 | Dividend yield | 0.00% |
| Revenue growth | 15.5% | Earnings growth | — | Gross margin | 97.0% | Operating margin | -27.5% |
| Profit margin | 0.0% | ROE | -1.8% | ROA | -102.1% | Debt / equity | — |
| Current ratio | 10.46 | Free cash flow | -$933.65M | Analyst recommendation | strong_buy | Mean target | $16.63 |
| 52w high | $17.17 | 52w low | $4.46 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $11.5M | $24.1M | $15.8M | $10.8M | $0.7M | — |
| Op margin | 19.2% | -2048.4% | -73.3% | -16.3% | -2662.4% | — |
| Net income | -$394M | -$686M | -$734M | $104M | -$103M | — |
| Gross margin | 97.8% | -2007.4% | 97.6% | 96.0% | 30.0% | — |
| Gross profit | $11.3M | -$483M | $15.4M | $10.4M | $0.2M | — |
| Operating income | $2.2M | -$493M | -$11.6M | -$1.8M | -$18.6M | — |
- Revenue -52% vs prior quarter ($12M vs $24M).
- Gross margin 97.8% (was -2007.4% prior quarter).
- Operating margin expanded to 19.2%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $28.1M | $3.7M | $5.0M | $3.5M | — |
| Op margin | -116.7% | -130.1% | -129.8% | -273.8% | — |
| Net income | -$735M | $10.1M | -$14.2M | -$15.2M | — |
| Gross margin | 93.2% | 24.7% | 30.9% | 37.7% | — |
| Gross profit | $26.2M | $0.9M | $1.5M | $1.3M | — |
| Operating income | -$32.7M | -$4.8M | -$6.4M | -$9.6M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-07 · Bitmine Falls 7% as Tom Lee Says the Ethereum Buying Spree Is About to End; Sharplink and Strategy Drop 5%
2026-10-06 · Cathie Wood Says to Follow the AI Agents. First Ask How Much of Your Money They Can Spend
2026-10-02 · Should Sharplink’s Ethereum Pivot and AI Wallet Vision Reshape the Core SBET Investment Narrative?
2026-10-01 · SharpLink (SBET) Stock Looks Rich With Sales Doing The Heavy Lifting
2026-10-01 · Is Sharplink (SBET) Fully Valued Following Its AI Agent Push?
2026-09-30 · SharpLink CEO sees a five-year path to AI-managed finances
2026-09-26 · A Former BlackRock Executive Calls Bitcoin an “Exit Asset” and Ethereum “the New Rails.” Bitwise Says the Opposite.
2026-09-24 · AI Agents Could Wipe Out $1.4 Trillion in Wall Street Fees, Sharplink CEO Says
2026-09-23 · Is Sharplink’s (SBET) Staking Strategy Enough to Offset Its Volatility?
2026-09-22 · Wall Street Analysts Think Sharplink Inc (SBET) Could Surge 68.94%: Read This Before Placing a Bet
2026-09-22 · Sharplink Inc (SBET) Now Trades Above Golden Cross: Time to Buy?
2026-09-22 · B. Riley Raises Price Target on SharpLink to $14 From $12, Keeps Buy Rating
Price (daily)
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