FanaticsRSU
Fanatics equity calculator: value your options at the latest valuation
Calculate the current value of your Fanatics equity using secondary market data and four independent valuation methods. Free, no account required.
Fanatics — current market snapshot
Last primary round
$31B
Series I · 2022-12
Secondary market
—
No recent verified signal
Annual revenue (ARR)
$7.3B
+15% YoY
Equity type
RSU
Key things to know
- →Fanatics is the world's largest licensed sports merchandise platform.
- →Secondary market implied valuation tracks the latest closed round.
- →IPO anticipated as Fanatics has scaled across sports, betting, and collectibles.
- →Typical strike price range varies by grant year.
Open the calculator
Enter your actual shares, equity type, and strike price. PrivatePulse uses secondary market data and four independent valuation methods to give you a defensible range.
Calculate my Fanatics equity →Free · No account required · Takes 2 minutes
Liquidity outlook for Fanatics
IPO possible 2026–2028 as scale builds. No confirmed timeline; tender offers may provide interim liquidity.
As an RSU holder, you don't exercise — your units convert to shares or cash at the liquidity event. No exercise cost. The downside: you pay ordinary income tax on the value at vest.
Frequently asked questions
What is my Fanatics equity worth right now?↓
Fanatics's Employee tender (2024) valued the company at $25B. Secondary market data (Hiive, Forge, Caplight) gives a live read on implied valuation — PrivatePulse tracks this and updates every week. Multiply your vested RSUs by the implied share price — or use the PrivatePulse calculator to get a full 4-method valuation range.
When will Fanatics go public or offer liquidity?↓
Fanatics is valued at $25.0B. An IPO is possible in the 2028–2030 timeframe, but the company is still in growth mode and has not indicated a public offering timeline. Secondary market platforms like Hiive and Forge may offer limited liquidity for accredited investors.
When do Fanatics RSUs vest?↓
Fanatics RSUs typically vest over 4 years with a 1-year cliff — 25% after your first year, then monthly or quarterly thereafter. Check your grant agreement for the exact schedule, as some refreshes vest on a shorter cadence. Vested RSUs are worth (number of units × implied share price); use the PrivatePulse calculator to apply the latest $25B valuation.
How do Fanatics RSUs work?↓
Fanatics grants Restricted Stock Units (RSUs). RSUs have no exercise cost — you simply receive shares (or cash equivalent) when they vest. Vested RSUs are taxed as ordinary income at the time of vesting based on the share's fair market value. At a private company like Fanatics, vesting is not the same as liquidity — you can't sell immediately. You gain liquidity through tender offers, secondary sales (with company approval), or at IPO. Your vested RSU value is: vested shares × implied share price at $25B.