SHARPLINK INC (SBET)
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
$8.68-3.34%
Close 2026-09-04 · 1-day change
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
QuarterlyIQ Insights · SBET
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 8.1% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Grow the Ethereum treasury and increase ETH per share through active treasury management and strategic capital deployment.
Stated as a priority in 2 of last 2 quarters. ETH holdings increased from approximately 870,821 ETH in 2026-Q1 to 886,881 ETH in 2026-Q2. Management emphasizes active treasury management and strategic capital deployment to grow ETH per share. The trajectory shows delivering growth in ETH holdings consistent with stated priorities.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 57% of the time over the next year (vs 60% for the rest of the cohort, n=7680).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Sharplink's ETH holdings totaled approximately 886,881 ETH as of June 30, 2026.”
“The Company's ETH holdings totaled approximately 870,821 ETH as of March 31, 2026.”
Continue repurchasing shares under the approved stock buyback program to enhance shareholder value and support ETH per share growth.
Stated as a priority in 3 quarters including 2025-Q3, 2026-Q1, and 2026-Q2. The company repurchased approximately 2.1 million shares in 2026-Q2, totaling about $10 million, and cumulative repurchases since August 2025 reached over 4 million shares at $41.7 million cost. The trajectory shows delivering on the repurchase program as stated.
“Repurchased approximately 2.1 million shares at an average price of $4.70 per share in Q2 2026.”
“Since initiating repurchase activity in August 2025, Sharplink has repurchased 4,071,223 shares at an aggregate cost of approximately $41.7 million.”
“Board approved a share repurchase program providing for repurchase of up to $1.5 billion of common stock.”
Deploy ETH capital through institutional-grade strategies and partnerships to generate risk-adjusted returns and increase ETH per share.
Stated as a priority in 2 of last 2 quarters. Management highlights disciplined deployment of ETH capital and the launch of the Galaxy Sharplink Onchain Yield Fund with $125 million committed capital in 2026-Q1. The trajectory shows delivering on expanding ETH productivity through active treasury management.
“Active treasury management and strategic ecosystem investments driving broader market engagement.”
“Deployed ETH capital with discipline and launched Galaxy Sharplink Onchain Yield Fund with $125 million committed capital.”
Focus on controlling net loss and operating loss amid non-cash impairments and market volatility.
Stated as a priority in 2 of last 2 quarters. Net loss improved from $685.6 million in 2026-Q1 to $394.3 million in 2026-Q2, and operating loss improved similarly. Management continues to manage losses amid significant non-cash impairments and market volatility. The trajectory shows limited progress but some improvement.
“Net loss was $394.3 million, primarily driven by non-cash unrealized losses and impairments.”
“Net loss was $685.6 million, driven by non-cash unrealized losses and impairments.”
Assess and manage mergers and acquisitions opportunities and related agreements to support strategic growth.
Newly stated in 2026-Q2. Management disclosed termination of an asset management agreement with Galaxy Digital in April 2026. No further M&A activity details provided. The trajectory is newly stated with limited delivery evidence.
“Entered into a mutual termination agreement with Galaxy Digital for asset management services.”
Over the trailing year it converted 0.05x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, real (inflation-adjusted) rates, the US dollar, long-term interest rates, Fed net liquidity (low R² over the window).
33 material management or governance events in the past 24 months, led by M&A activity. Historically, Financials names rated volatile grew net income 59% of the time over the next year (vs 56% for the rest of the cohort, n=2797).
Not investment advice. As of 2026-09-04.