Sharplink Gaming Ltd. (SBET)
NASDAQ:SBET
Want to see SBET full AI Analyst Report?
Earnings Data
Report Date
Aug 14, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.61Last Year’s EPS
-4.27Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: operational and strategic progress (large ETH treasury, very strong revenue growth from staking, a strategic Galaxy fund partnership, and favorable ecosystem/regulatory tailwinds) were offset by large accounting-driven headline losses (a $506.7M unrealized loss, $191.7M impairment and $685.6M net loss), rising operating expenses and lower cash balances. Management emphasized long-term orientation, disciplined risk controls and the thesis that short-term market/price dislocations do not alter their multi-year view of Ethereum demand.Company Guidance
Material Revenue Increase Driven by Staking
Revenue for Q1 2026 was $12.1 million versus $0.7 million in Q1 2025, an increase of approximately 1,628.6%, driven primarily by the company's ETH staking strategy (including a $200 million deployment on Linea Layer 2) and a $12.0 million net realized gain tied to LsETH/WEETH redemptions and conversions.
Large and Growing ETH Treasury
As of March 31, 2026 Sharplink held 589,305 native ETH with a fair value of $1.2 billion, plus 189,327 LsETH and 66,102 WEETH (combined net cost $487 million). Subsequent to quarter-end (May 4, 2026) combined holdings increased to 872,984 ETH (aggregate rise of ~28,250 ETH or ~3.35% vs quarter-end aggregated position).
Productive, Staking-First Treasury Strategy
Sharplink stakes nearly 100% of its ETH from day one, reports it has been outperforming the baseline Ethereum staking rate to date, has brought the majority of treasury management in-house, and positions staking/liquid staking as the foundational, lower-risk component of its ETH productivity strategy.
Strategic Galaxy Digital Partnership to Scale On-Chain Yield
Announced a nonbinding MOU to form the Galaxy Sharplink on-chain yield fund (~$125 million target), with Sharplink contributing ~80% of the capital (~$100 million) as an LP; Galaxy will act as manager to source opportunities, aiming to generate yield above the staking benchmark while retaining ETH exposure via LsETH.
Strong Ecosystem & Macro Tailwinds
Management highlighted Ethereum technical progress (recent Pectra and Fusaka hard forks and upcoming Glamsterdam), large industry tailwinds — stablecoin supply > $320 billion, tokenization momentum (Ethereum ~52% of on-chain RWA by value), accelerating institutional adoption and favorable regulatory movement — supporting long-term ETH demand.
Emphasis on Institutional-Grade Risk Controls and Reporting Improvements
Sharplink emphasized rigorous due diligence, custody and partner vetting (no asset exposure from recent DeFi exploits), participation in recovery efforts, and noted a FASB vote to expand accounting scope for transferable crypto assets which, if adopted, could improve consistency for LsETH/WEETH reporting.
SBET Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SBET Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $7.44 | $7.76 | +4.30% |
Mar 09, 2026 | $7.36 | $7.60 | +3.26% |
Nov 12, 2025 | $11.57 | $10.99 | -5.01% |
Aug 15, 2025 | $23.49 | $19.85 | -15.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sharplink Gaming Ltd. (SBET) report earnings?
Sharplink Gaming Ltd. (SBET) is schdueled to report earning on Aug 14, 2026, Before Open (Confirmed).
What is Sharplink Gaming Ltd. (SBET) earnings time?
Sharplink Gaming Ltd. (SBET) earnings time is at Aug 14, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SBET EPS forecast?
SBET EPS forecast for the fiscal quarter 2026 (Q2) is 0.61.