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Sharplink, Inc. SBET Impairment Charges

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Segments

By segment

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ETH Treasury Management$76.09M

Other financials

Income statement

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Revenue$11.5M+1,554%
Gross profit$208.8K-25.5%
Operating income-$393.5M-280%
Net income-$394.3M-281%
EPS (diluted)-$1.88+56.0%

Balance sheet

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Cash & equivalents$56.2M+1,008%
Total debt$202.0K
Total equity$1.4B+212%
Total assets$1.4B+212%

Cash flow

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Operating cash flow-$7.2M-340%
CapEx$3.7K+1,223%
Free cash flow-$9.1M-620%

Valuation

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Market cap$1.35B-56.5%
Enterprise value$1.3B
P/S26.9×-963×

Profitability

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Gross margin35.8%
Operating margin-3,401.5%+22.7pp
Net margin-3,406.3%+59.4pp
FCF margin-623%

Returns & leverage

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Return on equity-183.6%-277pp
Debt / equity
Current ratio10.5×+3.6×

Where this comes from

Reported directly by Sharplink, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill.

The source filing: Sharplink, Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:45 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001493152-26-036620
Line item2026 / For the Three Months Ended June 30,2025 / For the Three Months Ended June 30,2026 / For the Six Months Ended June 30,2025 / For the Six Months Ended June 30,
Cost of revenues from affiliate marketing2584886901,098
Selling, general, and administrative expenses9,0602,38718,9393,503
Stock-based compensation, related party-16,379-16,379
Impairment of crypto assets at cost76,09387,813267,76387,813
Total operating expenses85,411107,067287,392108,793
Operating loss(393,453)(103,433)(1,078,035)(104,417)
Other income
Interest income1783738149

Cover / Front Matter

FAQ

What is Sharplink, Inc.'s impairment charges?
Sharplink, Inc. (SBET) reported impairment charges of $76.09M in Q2 2026.
How has Sharplink, Inc.'s impairment charges changed year-over-year?
Sharplink, Inc.'s impairment charges decreased by 13.3% year-over-year, from $87.81M to $76.09M.
What does impairment charges mean?
Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

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