Filing Flows › Sharplink (SBET) › Q1 2026
Sharplink (SBET) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Sharplink (SBET) reported revenue of $12.1M for the first quarter 2026 (Q1 2026), up 16-fold from a year earlier and -24% from the quarter before.
Sharplink, Q1 2026: revenue $12.1M (16× year over year), net loss $686M, operating cash flow −$10.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.1M | -24% | 16× |
| Operating profit | −$685M | — | — |
| Net earnings | −$686M | — | — |
| Operating cash flow | −$10.6M | — | — |
What changed
Revenue was $12.1M in Q1 2026, up 1525% year over year and down 24% from the previous quarter.
Operating costs exceeded revenue by $684.6M, an operating margin of -5677.4%. The quarter ended with a net loss of $685.6M, narrower than the previous quarter's $734.5M loss.
Operating cash flow was −$10.6M. Non-cash charges added back $1K of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $671.9M.
Questions
What was Sharplink's revenue in the first quarter 2026?
Sharplink (SBET) reported revenue of $12.1M for the first quarter 2026 (Q1 2026), up 16-fold from a year earlier and -24% from the quarter before.
Source: Sharplink 10-Q on SEC EDGAR.