Sharplink (MEX:SBET) Stock Based Compensation: MXN701.6 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:SBET Sharplink Inc MEX:SBET
25 GF Score
Price MXN106.00
GF Value MXN7.61
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Sharplink Stock Based Compensation?

Sharplink MEX:SBET -6.19% 25 Stock Based Compensation is MXN701.6 Mil as of Mar. 2026. GuruFocus rates MEX:SBET with a GF Score™ of 25/100 and a GF Value™ of MXN7.61 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Sharplink's Stock Based Compensation for the three months ended in Mar. 2026 was MXN54.1 Mil. Its Stock Based Compensation for the trailing twelve months (TTM) ended in Mar. 2026 was MXN701.6 Mil.

Sharplink Stock Based Compensation Related Terms

Sharplink Stock Based Compensation Historical Data

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The historical data trend for Sharplink's Stock Based Compensation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sharplink Stock Based Compensation Chart

Sharplink Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Stock Based Compensation
Get a 7-Day Free Trial 33.99 37.84 4.43 3.11 634.00

Sharplink Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Stock Based Compensation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.41 309.10 66.30 272.10 54.12
MEX:SBET
25GF Score
Sharplink Inc MEX:SBET
Stock Based Compensation is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharplink Stock Based Compensation Calculation

Stock Based Compensation is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Stock Based Compensation for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN701.6 Mil.

What does a Stock Based Compensation of MXN701.6 Mil mean?
Sharplink (MEX:SBET) has a Stock Based Compensation of MXN701.6 Mil as of Mar. 2026. Stock based compensation is the amount of company stock issued as employee benefits. View historical data for Sharplink and its competitors.
Is Sharplink's Stock Based Compensation too high?
Sharplink's current Stock Based Compensation is MXN701.6 Mil. Overall, Sharplink has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sharplink's Stock Based Compensation compare to PURR and OPY?
Sharplink's Stock Based Compensation of MXN701.6 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Stock Based Compensation for a Capital Markets company?
A good Stock Based Compensation depends on the Capital Markets industry context. However, Stock Based Compensation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Stock Based Compensation mean?
A high Stock Based Compensation can signal that a stock is expensive relative to its fundamentals. Stock based compensation is the amount of company stock issued as employee benefits. View historical data for Sharplink and its competitors. Sharplink's current Stock Based Compensation is MXN701.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharplink stock overvalued right now?
Based on GuruFocus' analysis, Sharplink (MEX:SBET) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN7.61, compared to a current price of MXN106.00 — trading 1292.9% above its estimated fair value. The current Stock Based Compensation is MXN701.6 Mil. Sharplink's overall GF Score™ is 25/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Stock Based Compensation calculated?
Stock Based Compensation is calculated from a company's financial statements. For Sharplink (MEX:SBET), the current Stock Based Compensation is MXN701.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sharplink (MEX:SBET) Overvalued in 2026?

Based on GuruFocus' analysis, Sharplink stock appears to be overvalued. The current stock price of MXN106.00 is trading 1292.9% above its estimated GF Value™ of MXN7.61. GuruFocus considers Sharplink to be Significantly Overvalued.

Key valuation signals for MEX:SBET:

  • Stock Based Compensation: MXN701.6 Mil
  • GF Value™: MXN7.61 vs. price of MXN106.00 (1292.9% above fair value)
  • GF Score™: 25/100 with 4 warning signs

No single metric tells the full story. See the MEX:SBET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sharplink Business Description

Other Exchanges SBET:USA7710:Germany
Address 200 South Biscayne Boulevard, Miami, FL, USA, 33131
SharpLink Inc is one of those publicly traded companies to adopt ETH as its primary treasury reserve asset. This move reflects the Company's commitment to align corporate treasury with the future of programmable finance, digital capital markets, and decentralized infrastructure. The Company also operates an online affiliate marketing company that delivers different fan activation solutions to its sportsbook and online casino gaming partners. The company operates in two reportable segments: ETH Treasury Management and Affiliate Marketing. The majority of its revenue is generated from the ETH Treasury Management. Geographically, the company operates in the United States and the rest of the world.
25GF Score

Get the complete analysis for MEX:SBET

Stock Based Compensation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN106.00
Price
MXN7.61
GF Value