Stocks Comparison
Strategy vs Sharplink: revenue, profit, margins and growth compared
Strategy brought in $477.2M of revenue in fiscal 2025, Sharplink $28.1M in fiscal 2025. Revenue changed by +3.0% at Strategy and +666.1% at Sharplink on the year before, so Sharplink grew faster. Strategy kept -806.3% of its revenue as net profit, Sharplink -2,618.4%. Free cash flow was -$75.5M at Strategy and -$17.6M at Sharplink.
Side by side, latest fiscal year
| MSTR | SBET | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $477.2M | $28.1M |
| Revenue growth | +3.0% | +666.1% |
| Net income | -$3.8B | -$734.6M |
| Net margin | -806.3% | -2,618.4% |
| Free cash flow | -$75.5M | -$17.6M |
| Free cash flow margin | -15.8% | -62.6% |
| Earnings per share (diluted) | -$15.23 | -$7.37 |
| Cash | $2.3B | $28.5M |
| Debt | $8.2B | n/a |
| Price to earnings | n/a | n/a |
| Market value | $60.9B | $2.1B |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #309 of 530 · Technology | #465 of 530 · Technology |
Over the years
Questions about Strategy and Sharplink
Which is bigger by revenue, Strategy or Sharplink?
Strategy is bigger by revenue: $477.2M in fiscal 2025, against $28.1M for Sharplink in fiscal 2025.
Which keeps more of its revenue as profit, Strategy or Sharplink?
Strategy had a net margin of -806.3% in fiscal 2025; Sharplink had -2,618.4% in fiscal 2025.
Which grew revenue faster, Strategy or Sharplink?
In their latest fiscal years revenue changed by +3.0% at Strategy and +666.1% at Sharplink.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.