NASDAQ$SBET
SharpLink Inc · Q3 2025 earnings
Q3 2025 earnings · · After market close
Briefing
SharpLink Gaming reported Q3 2025 revenue of $10.8M with net income of $104.3M.
Revenues and gains from operations were $10.8 million, including staking and affiliate marketing revenue. Net income was $104.3 million, reflecting large fair-value gains on crypto assets; operating expenses included impairment charges on crypto holdings.
- Q3 operating revenue ~$10.8M from staking and affiliate marketing.
- Net income $104.3M includes crypto fair-value gains.
- Crypto asset impairment and SBC affected operating expenses.
- Results are volatile with mark-to-market crypto exposure.
Headline financials
Revenue & EPS history
SharpLink Gaming Inc · Revenue · Quarterly
$10.8M
Forward guidance
Outlook is tied to crypto asset marks, staking economics, and regulatory environment for digital asset activities.
Tailwinds
- Staking and affiliate revenue streams are scaling.
- Fair-value gains can boost reported net income in strong markets.
Headwinds
- Crypto impairment and volatility can reverse gains quickly.
- Regulatory and accounting treatment of digital assets adds uncertainty.
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 Q3 2025
-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
| Quarter | Report date | Reaction (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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