SharpLink Q2 FY26 net loss widens to USD 394.27 million; revenue rises to USD 11.53 million
SBET•Q2 FY26 results
- SharpLink posted a GAAP net loss of USD 394.27 million for Q2 2026, widening 281.2% year over year.
- Revenue more than doubled to USD 11.53 million, driven by staking revenue of USD 11.16 million, up from USD 29,000.
- Operating loss widened 280.4% to USD 393.45 million, on an unrealized loss on crypto assets at fair value of USD 321 million.
- Affiliate marketing revenue fell 45.1% to USD 367,000 on softer global iGaming conditions, seasonality, and customer losses tied to regulatory shifts.
- SharpLink repurchased 2,132,773 shares for USD 10.02 million, following a USD 75 million registered direct offering that netted USD 73.33 million.
