SharpLink Gaming

Sharplink Gaming reported Q1 2026 EPS of -3.25 versus an expected 0.46, representing a massive earnings miss. Revenue rose 1,628% to $12.1 million due to its Ethereum‑staking strategy, while the company recorded non‑cash losses of about $698.4 million and a net loss of $685.6 million. Cash fell to $16.9 million and the stock dropped roughly 3.6% after the results. Management remains committed to the ETH‑treasury strategy and expects EPS to recover in subsequent quarters (each $0.54 for Q3/Q4 2026 and $0.78 for Q1 2027). » More on de.investing.com

SharpLink Gaming reported Q1 2026 revenue of $12.1 million (vs. $0.7 million a year earlier), but missed profit expectations badly with EPS of -$3.25 compared with the projected $0.46. The company posted a net loss of $685.6 million, driven by unrealized losses and significant impairments in its ETH holdings. Cash fell to $16.9 million, and the stock declined 0.94% in premarket trading. Management remains optimistic despite the headwinds, citing strategic partnerships and an ETH staking strategy as growth drivers and forecasting positive EPS in later quarters. » More on de.investing.com

Sharplink posted a net loss of $685.6 million in Q1 2026, mainly driven by an unrealized Ether loss of $506.7 million and an impairment on Ls ETH of $191.7 million; realized gains from ETH conversions partially offset this by $12.0 million. Revenue rose to $12.1 million (including $11.5 million from staking), while SG&A expenses increased to $9.9 million and cash declined to $16.9 million. As of March 31, Sharplink held about 870,821 ETH (rising to 872,984 ETH by May 4) and reported crypto assets of roughly $1.7 billion; analysts project 2026 EPS of $2.16. The company signed a non-binding letter of intent with Galaxy Digital for a possible onchain yield fund of about $125 million. » More on de.investing.com