SharpLink Gaming Ltd. (SBET) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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SBET Revenue Growth
Revenue Breakdown (FY 2025)
SBET's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
SBET Revenue Analysis (2014–2025)
As of May 8, 2026, SharpLink Gaming Ltd. (SBET) generated trailing twelve-month (TTM) revenue of $28.1 million, reflecting explosive growth of +1815.4% year-over-year. The most recent quarter (Q4 2025) recorded $15.8 million in revenue, up 45.5% sequentially.
Looking at the longer-term picture, SBET's 5-year compound annual growth rate (CAGR) stands at +65.2%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $28.1 million in 2025, representing a new all-time high.
Revenue diversification analysis shows SBET's business is primarily driven by Affiliate Marketing Services (100%). With over half of revenue concentrated in Affiliate Marketing Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including GENI (+31.0% YoY), RILY, and DKNG (+25.8% YoY), SBET has outperformed the peer group in terms of revenue growth. Compare SBET vs GENI →
SBET Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SBETCurrent | $28M | +1815.4% | +65.2% | -1999.5% | |
 GENI | $669M | +31.0% | +34.9% | -15.6% | |
 RILY | $1.0B | - | - | 14.6% | |
 DKNG | $6.1B | +25.8% | +58.0% | -0.3% | |
 PENN | $7.0B | +5.8% | +14.2% | 3.9% | |
 RSI | $1.1B | +28.2% | +32.4% | 7.7% |
SBET Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $28.1M | +666.0% | $26.2M | 93.2% | $-560,960,000 | -1999.5% |
| 2024 | $3.7M | -26.1% | $906K | 24.7% | $-4,762,975 | -130.1% |
| 2023 | $5.0M | +41.9% | $1.5M | 30.9% | $-8,893,202 | -179.6% |
| 2022 | $3.5M | +32.4% | $1.3M | 37.7% | $-14,282,838 | -409.3% |
| 2021 | $2.6M | +15.7% | $-299,362 | -11.4% | $-33,494,714 | -1270.8% |
| 2020 | $2.3M | -4.3% | $424K | 18.6% | $-1,206,695 | -53.0% |
| 2019 | $2.4M | -59.4% | $362K | 15.2% | $-381,763 | -16.0% |
| 2018 | $5.9M | -32.1% | $3.7M | 63.3% | $-1,124,000 | -19.2% |
| 2017 | $8.6M | -38.6% | $5.1M | 59.3% | $-1,777,000 | -20.6% |
| 2016 | $14.1M | -4.5% | $7.1M | 50.8% | $-5,728,000 | -40.8% |
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Start ComparisonSBET — Frequently Asked Questions
Quick answers to the most common questions about buying SBET stock.
Is SBET's revenue growth accelerating or slowing?
SBET revenue is accelerating at +1815.4% year-over-year, exceeding the 5-year CAGR of +65.2%. TTM revenue reached $28M. Growth momentum has increased versus prior periods.
What is SBET's long-term revenue growth rate?
SharpLink Gaming Ltd.'s 5-year revenue CAGR of +65.2% reflects the sustained expansion pattern. Current YoY growth of +1815.4% is above this long-term average.
How is SBET's revenue distributed by segment?
SBET reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.