profit from every $100 of sales.
$0$100
Sharplink
$5.61-2.77% today
-49.0% in 1 year
1-year low $4.561-year high $12.02
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Sharplink sold, what it kept, and what it did with the cash.
Sales went from $3.49 million in 2022 to $28.1 million in 2025, with -$735 million of profit last year.
SalesProfit
Sharplink vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Sharplink | No profit yet | ||
 Raymond James Financial | 15.2× · Fair price | ||
 Tradeweb Markets | 35.0× · Expensive | ||
 Nomura Holdings | 13.3× · Cheap | ||
 LPL Financial Holdings | 26.4× · Fair price |
AI analysis
An AI analyst reads Sharplink's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 3 | 5 | 4 | 28 | |
| 1 | 2 | 1 | 26 | |
| -10 | -6 | -5 | -33 | |
| -13 | -10 | -4 | -733 | |
| -15 | -14 | 10 | -735 | |
| -73.56 | -62.04 | 27.62 | -7.37 | |
| 37.7% | 30.9% | 24.7% | 93.2% | |
| -273.8% | -129.8% | -130.1% | -116.7% | |
| -436.5% | -287.6% | 275.8% | -2,618.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 65 | 71 | 3 | 2,432 |
| Cash | 1 | 2 | 1 | 29 |
| Total debt | 3 | 13 | – | – |
| Total liabilities | 62 | 81 | 0 | 13 |
| 3 | -9 | 2 | 2,419 | |
| 0 | 0 | 0 | 100 | |
| -195.1% | -233.4% | -157.4% | -24.0% | |
| -510.1% | 151.5% | 485.1% | -30.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -6 | 1 | -23 | -18 | |
| 0 | 0 | 0 | 0 | |
| -6 | 0 | -23 | -18 | |
| Dividends paid | – | – | – | – |
| – | – | 0 | 32 | |
| 2 | 0 | 0 | 35 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- –
- 4.6×
- –
- 0.7×
- 43.5×
- -60.2%
- 0.0%
Profitability
- -2,618.4%
- -0.5%
- -121.6%
- -73.9%
- -81.4%
Growth
- +100.3%
- –
- –
- +437.8%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 10%of 688
Bottom 1%of 540
Top 3%of 908
Bottom 20%of 941
What analysts expect
- Average price target
- $17.00
- Range
- $15.00 – $20.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 8, 2026 | 0.06 | 0.02 | +200.0% |
| Mar 9, 2026 | -3.55 | 0.17 | −2,188.2% |
| Nov 12, 2025 | -0.02 | -0.08 | +75.0% |
| Aug 14, 2025 | -0.64 | – | – |
| May 15, 2025 | -1.73 | – | – |
| Mar 17, 2025 | -2.72 | – | – |
| Nov 14, 2024 | -2.64 | – | – |
| Aug 14, 2024 | -3.24 | – | – |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
26No pass
Benjamin Graham
72Pass
Philip Fisher
47No pass
Peter Lynch
62Pass
Joel Greenblatt
2No pass
Charlie Munger
37No pass
Terry Smith
35No pass
Questions about Sharplink
Is Sharplink a good stock to buy?
A business with weak numbers that is not profitable yet. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Sharplink AI analysis
What does Sharplink do?
Sharplink, Inc. engages in the digital asset treasury business in the United States and internationally. The company operates as an institutional-grade Ethereum treasury platform. It operates in two segments, Ether (ETH) Treasury Management and Affiliate Marketing. It is in Financial - Capital Markets.
Does Sharplink pay a dividend?
No. Sharplink does not pay a dividend at the moment; in 2025 it returned $31.7 million to shareholders by buying back its own shares.
Is Sharplink stock halal?
Yes. Sharplink passes our halal screen: its business is permitted and its debt is 0% of its market value, under the 30% limit. How we check
How has Sharplink stock done over the past year?
Down 49.0% over the past twelve months, to $5.61. It traded between $4.56 and $12.02 and is 53.3% below its high.
Who are Sharplink's competitors?
The largest listed companies in the same industry are Raymond James Financial, Tradeweb Markets, Nomura Holdings and LPL Financial Holdings. The peers table on this page compares their profit, growth and price with Sharplink's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.