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Sharplink, Inc. SBET ETH Treasury Management — Crypto Asset Realized Gain Operating

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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:CryptoAssetRealizedGainOperating.

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 itemFor the Three Months Ended June 30, 2026 / ETH Treasury ManagementFor the Three Months Ended June 30, 2026 / Affiliate MarketingFor the Three Months Ended June 30, 2026 / Total ConsolidatedFor the Three Months Ended June 30, 2025 / ETH Treasury ManagementFor the Three Months Ended June 30, 2025 / Affiliate MarketingFor the Three Months Ended June 30, 2025 / Total Consolidated
Revenue from affiliate marketing-367367-668668
Total revenue11,16136711,52829668697
Gains and (losses) from operations
Realized gain on crypto assets, net1,433-1,4335,374-5,374
Unrealized loss on crypto assets at fair value, net(321,003)-(321,003)(2,437)-(2,437)
Total gains (losses) from operations, net(319,570)-(319,570)2,937-2,937
Less:
Cost of revenues from affiliate marketing-258258-488488

Cover / Front Matter

FAQ

What is Sharplink, Inc.'s ETH treasury management — crypto asset realized gain operating?
Sharplink, Inc. (SBET) reported ETH treasury management — crypto asset realized gain operating of $1.43M in Q2 2026.
What does ETH treasury management — crypto asset realized gain operating mean?
This metric measures the actual profit recognized from the sale or exchange of digital assets within the treasury management segment during the reporting period. It reflects the successful execution of trading or divestment strategies and contributes directly to the segment's operating cash flow. Investors use this to evaluate the effectiveness of the company's active management of its digital asset portfolio.

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