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Sharplink, Inc. SBET Crypto Assets At Cost

Discontinued — last reported Q1 '26

Crypto Assets At Cost at other companies

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Segments

By segment

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ETH Staking Segmet$500.91M

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 SBET:CryptoAssetsAtCost.

The source filing: Sharplink, Inc.’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:16 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001493152-26-021981
Line itemMarch 31, 2026December 31, 2025
Current assets from discontinued operations-182
Total current assets18,02531,153
Crypto assets at fair value1,239,1401,899,683
Crypto assets at cost486,852500,912
Other assets2118
Total assets$1,744,038$2,431,766
Liabilities and Stockholders’ Equity
Current Liabilities

Cover / Front Matter

FAQ

What is Sharplink, Inc.'s crypto assets at cost?
Sharplink, Inc. (SBET) reported crypto assets at cost of $486.85M in Q1 2026.
What does crypto assets at cost mean?
The historical acquisition cost of digital assets held for long-term purposes, excluding subsequent fair value adjustments. This metric provides a baseline for evaluating the original capital deployed into digital asset strategies. Comparing this to fair value allows investors to determine the cumulative appreciation or impairment of the company's long-term digital holdings.

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