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AI brief of an SEC Form 8-K · Sharplink, Inc. (SBET)

Sharplink Q3 revenue rises 24% to $13.5 million; net income $751.4 million

Mixed Impact 3 of 5 earnings

Sharplink reported third-quarter 2026 results with total revenue up 24% year over year to $13.5 million and net income of $751.4 million, or $3.45 per diluted share, versus $104.3 million, or $0.62, a year earlier. The quarterly profit was driven mainly by $676.7 million of unrealized gains on crypto assets, while the nine-month period still showed a net loss of $328.4 million after $268.8 million of crypto asset impairments, so the results depend heavily on ETH market prices.

Key points

  • Q3 2026 total revenue was $13.5 million, up from $10.8 million; staking revenue rose 27% to $13.1 million.
  • Q3 net income was $751.4 million ($3.45 diluted EPS), including $676.7 million unrealized and $75.2 million realized gains on crypto assets.
  • Nine-month 2026 net loss was $328.4 million, or $1.55 per share, including $268.8 million in impairments of crypto assets at cost.
  • Crypto assets at fair value were $1.6 billion at September 30, 2026; ETH holdings were 892,708 as of that date and 895,117 as of November 2, 2026.

The filing

CompanySharplink, Inc. (SBET)
Form8-K, current report
Filed with the SECNov 9, 2026, 4:05 PM ET
Accession number0001493152-26-050719

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 5:16 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.