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Sharplink (SBET) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

Sharplink (SBET) reported revenue of $11.5M for the second quarter 2026 (Q2 2026), up 17-fold from a year earlier and -4% from the quarter before.

Revenue$11.5M
Year over year17×
Quarter over quarter-4%
Operating margin—
Net earnings−$394M

Sharplink, Q2 2026: revenue $11.5M (17× year over year), net loss $394M, operating cash flow −$7.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$11.5M-4%17×
Operating profit−$393M——
Net earnings−$394M——
Operating cash flow−$7.2M——

What changed

Revenue was $11.5M in Q2 2026, up 1554% year over year and down 4% from the previous quarter.

Operating costs exceeded revenue by $393.5M, an operating margin of -3413.0%. The fastest-growing cost line was Other operating costs (+291%). The quarter ended with a net loss of $394.3M, narrower than the previous quarter's $685.6M loss.

Operating cash flow was −$7.2M. Non-cash charges added back $3.1M of share-based compensation. Working capital and other items added $384.1M.

Questions

What was Sharplink's revenue in the second quarter 2026?

Sharplink (SBET) reported revenue of $11.5M for the second quarter 2026 (Q2 2026), up 17-fold from a year earlier and -4% from the quarter before.

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Source: Sharplink 10-Q on SEC EDGAR.