Is APXT or SBET more profitable?

APXT runs the higher net margin — APXT at 15.33% versus SBET at -3406.29%.

Apex Treasury Corporation Class A (APXT) vs Sharplink, Inc. (SBET)

A side-by-side comparison of Apex Treasury Corporation Class A and Sharplink, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

APXT

Apex Treasury Corporation Class A

$1.89B

$10.15Financial ServicesDelayed quote: Oct 6, 2026, 2:50 PM EDT

SBET

Sharplink, Inc.

$1.86B

$9.42Financial ServicesDelayed quote: Oct 6, 2026, 3:20 PM EDT

Total return — APXT vs SBET

growth of $100 · dividends reinvested · last 7y

APXT +3.7% (+0.5%/yr)SBET -96.6% (-38.2%/yr)APXT compounded faster over this window

Log scale — wide-divergence pair

APXT SBET

APXT vs SBET: by the numbers

•APXT is the larger company ($1.89B vs $1.86B market cap).
•APXT is profitable (15.33% net margin) while SBET runs a net loss (-3406.29%).

Metrics side by side

Valuation

Metric	APXT	SBET
P/E ratio	32.73	N/A
P/S ratio	4.06	37.00
P/B ratio	4.33	1.32

Profitability

Metric	APXT	SBET
Gross margin	73.45%	97.02%
Operating margin	9.78%	-116.73%
Net margin	15.33%	-3406.29%
ROE	16.36%	-121.23%
ROIC	9.54%	N/A

Growth (annualized)

Metric	APXT	SBET
Revenue CAGR (5Y)	N/A	94.43%
Total return CAGR (5Y)	N/A	-55.17%

Frequently asked

Is APXT or SBET more profitable?: APXT runs the higher net margin — APXT at 15.33% versus SBET at -3406.29%.

Go deeper

Full APXT analysis Full SBET analysis Interactive comparison tool

Dig into the metrics

Apex Treasury P/E ratio Apex Treasury ROE Sharplink ROE Apex Treasury operating margin Sharplink operating margin Apex Treasury revenue growth Sharplink revenue growth Apex Treasury free cash flow

Apex Treasury & Sharplink appear in these rankings

Fastest Revenue Growth Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.