NASDAQ$SBET

SharpLink Inc · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

SharpLink Gaming reported Q1 2026 revenue of $12.1M and a net loss of $685.6M, or $3.25 per share, on unrealized crypto losses.

For the quarter ended March 31, 2026, SharpLink reported total revenue of $12.1 million, including $11.5 million from staking. Net loss was $685.6 million, or $3.25 per diluted share, driven by $506.7 million of unrealized losses on crypto assets at fair value.

  • Revenue $12.1M including $11.5M staking revenue.
  • Net loss $685.6M, or $3.25 per share, on crypto fair-value losses.

Headline financials

Total Revenue

$12.1M

Previous: $742K+1525.7%
EPS (adj)

-$3.25

Previous: -$1.84-76.6%
Net Income

-$686M

Previous: -$975K-70221.1%
Operating Income

-$685M

Previous: -$926K-73865.0%
Gross Profit

$12.1M

Previous: $132K+9049.1%
Cash & Equivalents

$16.9M

No prior period
Total Assets

$1.74B

No prior period

Revenue & EPS history

SharpLink Gaming Inc · Revenue · Quarterly

$12.1M

Q1 2026+1,525.7%vs Q1 2025
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Forward guidance

No EPS guidance; MD&A discusses staking and treasury management.

Tailwinds

  • Staking revenue emerged as primary revenue stream.

Headwinds

  • Mark-to-market crypto volatility dominates results.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.4%

Avg return

Earnings day

-4.5%

Avg return

5 days after

+12.3%

Avg return

30 days after

38%

3 / 8 earnings

Positive

+5.0%

Q3 2024

Best reaction

-14.0%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.1%-6.6%-30.5%
Q4 2025+3.3%+2.3%-12.8%
Q3 2025-5.0%-8.8%-9.2%
Q2 2025+0.0%-9.1%-15.4%
Q1 2025-14.0%-14.9%+169.3%
Q3 2024+5.0%+10.0%+25.0%
Q2 2024-2.5%-8.9%-11.4%
Q1 2024+2.0%+0.0%-16.8%

Discussion

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