Every 10-Q that Sharplink, Inc. (SBET) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SBET and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SBET filings page.
Sharplink, Inc. reported Q2 and first-half 2026 results reflecting its transition to an ETH-focused treasury strategy. For the three months ended June 30, 2026, total revenue was $11,528 (in thousands), largely from staking revenue of $11,161 (in thousands) versus minimal staking revenue a year earlier.
Results were dominated by crypto-related volatility and accounting. In Q2 2026 the company recorded an unrealized loss on crypto assets at fair value of $321,003 (in thousands) and an impairment of LsETH and weETH of $76,093 (in thousands), driving a net loss of $394,274 (in thousands). For the first half of 2026, net loss reached $1,079,835 (in thousands), including $827,667 (in thousands) of unrealized losses and $267,763 (in thousands) of impairments.
As of June 30, 2026, total assets were $1,416,092 (in thousands), primarily $988,838 (in thousands) of ETH at fair value and $369,148 (in thousands) of LsETH and weETH at cost less impairment, with cash of $56,195 (in thousands) and total liabilities of only $5,572 (in thousands). During Q2 2026 Sharplink raised approximately $75,000 (in thousands) in a registered direct equity offering with attached warrants and repurchased 2,132,773 shares of common stock for $10,022 (in thousands). The company also terminated external ETH asset-management agreements as it builds internal capabilities.
Sharplink, Inc. reported a net loss of $685.6 million for the quarter ended March 31, 2026, largely driven by crypto-related fair value and impairment charges. The company’s ETH-focused treasury strategy generated staking revenue of $11.5 million and affiliate marketing revenue of $0.6 million.
Unrealized losses on crypto assets at fair value totaled $506.7 million, and impairment on liquid staking tokens added another $191.7 million of expense. Total crypto assets were reported at $1.24 billion at fair value and $486.9 million at cost. Stockholders’ equity declined to $1.74 billion, with an accumulated deficit of $1.50 billion. Cash was $16.9 million, down from $28.5 million at year-end.
SharpLink Gaming (SBET) reported a profitable Q3 2025 driven by its ETH treasury strategy. Revenue reached $10.84 million, primarily from staking. Operating income was $104.9 million, and net income was $104.27 million, reflecting large unrealized gains on crypto assets.
The company held 580,841 ETH at quarter end, shown at $2.41 billion fair value, and 236,906 LsETH at a $622.7 million carrying amount after impairment. Q3 included an $107.33 million unrealized gain and a $6.95 million impairment on LsETH. Staking revenue was $10.27 million in Q3 and $10.30 million year-to-date.
Total assets were $3.07 billion, stockholders’ equity $3.07 billion, and cash $11.13 million with $26.71 million in USDC. The company raised substantial equity capital year-to-date and repurchased 1,938,458 shares as treasury stock. On September 24, 2025, it signed a digital transfer agent agreement to tokenize its common stock on Ethereum; no shares have been tokenized to date. As of November 12, 2025, 196,693,191 common shares were outstanding.