Sharplink Q2 FY26 net loss widens to USD 394.27 million; revenue rises to USD 11.53 million
Reuters2026/08/07 20:50Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 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.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sharplink Gaming Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-036620), on August 07, 2026, and is solely responsible for the information contained therein.
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