Sharplink, Inc. (SBET)
About Sharplink, Inc.
SharpLink Inc is one of those publicly traded companies to adopt ETH as its primary treasury reserve asset. This move reflects the Company's commitment to align corporate treasury with the future of programmable finance, digital capital markets, and decentralized infrastructure. The Company also operates an online affiliate marketing company that delivers different fan activation solutions to its sportsbook and online casino gaming partners. The company operates in two reportable segments: ETH Treasury Management and Affiliate Marketing. The majority of its revenue is generated from the ETH Treasury Management. Geographically, the company operates in the United States and the rest of the world.
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Financial summary
- Revenue FY2025
- $28.1M
- Net income
- -$734.6M
- Total assets
- $2.4B
- Market cap
- $1.0B
- Operating margin
- -2616.0%
- Net margin
- -2618.4%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $28.1M
- Operating expenses
- $201.0M
- Operating income
- -$733.9M
- Net income
- -$734.6M
- EPS (basic)
- $-7.37
- EPS (diluted)
- $-7.37
Balance sheet
- Total assets
- $2.4B
- Current assets
- $31.2M
- Total liabilities
- $12.7M
- Current liabilities
- $12.7M
- Shareholders’ equity
- $2.4B
Cash flow
- Operating cash flow
- -$17.5M
- Investing cash flow
- -$3.0B
- Financing cash flow
- $3.0B
- Net cash flow
- $27.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $1.0B
- EPS (diluted)
- $-7.37
- Shares outstanding
- 176.2M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jul 28, 2021
Sharplink, Inc. (SBET) Stock Price
- Reported a net loss of $734.6M in FY2025.
- Revenue grew 285% from FY2022 to FY2025.
- Trading 84% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Sharplink, Inc.
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Sharplink, Inc.: frequently asked questions
Is Sharplink, Inc. an American company?
Sharplink, Inc. is a US-based company headquartered in Miami, Florida, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Sharplink, Inc. headquartered?
Sharplink, Inc. is headquartered in Miami, Florida, United States.
Is Sharplink, Inc. publicly traded?
Yes — Sharplink, Inc. is a publicly traded company. Its stock trades under the ticker symbol SBET on the NASDAQ.
What does Sharplink, Inc. do?
Sharplink, Inc. is an American Financial Services company in the Business & Financial Services sector.
