SharpLink swings to 2025 net loss

Sharplink

09/03/2026 12:18

Overview

Ethereum treasury platform's 2025 total revenue rises

Net loss for 2025 due to unrealized losses and impairments

Company doubled ETH per share concentration in 2025

Outlook

SharpLink aims to compound ETH per share through disciplined capital allocation

Company plans to expand partnership opportunities within the Ethereum ecosystem

SharpLink intends to generate yield above native staking rates

Result Drivers

ETH TREASURY STRATEGY - SharpLink's ETH-centered treasury strategy launched in June 2025, contributing to significant revenue growth and positioning the company as the second largest publicly-traded holder of ETH

STAKING REVENUE - Q4 2025 staking revenue increased nearly 50% from Q3, driven by native and liquid staking programs

INSTITUTIONAL OWNERSHIP - Institutional ownership of common stock increased from 6% to 46% by year-end, reflecting confidence in the company's strategy

Company press release: ID:nGNX1QlHRG

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
-$734.6 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advertising & marketing peer group is "buy"

Wall Street's median 12-month price target for Sharplink Inc is $18.00, about 144.6% above its March 6 closing price of $7.36

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)