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Sharplink, Inc. SBET Affiliate Marketing Services — Revenue From Affiliate Marketing

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SOFIReferrals, other — Total net revenue from contracts with customers
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NYTAffiliate, licensing and other — As % of total
9.6%-0.4pp

Other financials

Income statement

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Revenue$12.1M+1,525%
Gross profit$209.1K-25.4%
Operating income-$684.6M-73,829%
Net income-$685.6M-70,214%
EPS (diluted)-$3.25-76.6%

Balance sheet

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Cash & equivalents$16.9M+3,275%
Total debt$6.5M+213%
Total equity$1.7B+83,286%
Total assets$1.7B+62,686%

Cash flow

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Operating cash flow-$10.6M-1,971%
CapEx$3.7K+1,223%
Free cash flow-$9.1M-620%

Valuation

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Market cap$968.52M+61.1%
P/S24.6×-151×

Profitability

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Gross margin35.8%
Operating margin-3,600.5%-3,725pp
Net margin-3,604.6%-3,675pp
FCF margin-623%

Returns & leverage

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Return on equity-163.1%+447pp
Debt / equity0.7×
Current ratio3.3×0.0×

Where this comes from

Reported directly by Sharplink, Inc. in its filing.

Tagged under the XBRL concept SBET:RevenueFromAffiliateMarketing.

The official record: Sharplink, Inc. ’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sharplink, Inc. 's affiliate marketing services — revenue from affiliate marketing?
Sharplink, Inc. (SBET) reported affiliate marketing services — revenue from affiliate marketing of $557K in Q1 2026.
How has Sharplink, Inc. 's affiliate marketing services — revenue from affiliate marketing changed year-over-year?
Sharplink, Inc. 's affiliate marketing services — revenue from affiliate marketing decreased by 24.9% year-over-year, from $742K to $557K.
What does affiliate marketing services — revenue from affiliate marketing mean?
Total gross income generated specifically from affiliate marketing activities, such as referral fees or commissions earned from sportsbook and casino partners. This is a primary indicator of the segment's market reach and the effectiveness of its lead generation platform.