SmartKem (SMTK) EBITDA (2020 - 2026)

SmartKem (SMTK) posted quarterly EBITDA of -$18.5 million for Q1 2026, down 488.05% YoY from $4.8 million in Q1 2025, and down 717.13% sequentially from -$2.3 million in Q4 2025.

SmartKem (SMTK) EBITDA (2020 - 2026) Analysis & Trends

SmartKem has disclosed EBITDA across 7 years of filings, most recently posting -$18.5 million for Q1 2026.

  • In Q1 2026, EBITDA fell 488.05% year-over-year to -$18.5 million; the TTM figure through Mar 2026 stood at -$28.3 million (down 150.86% YoY), while the FY2025 annual figure was -$13.0 million, down 31.7% from the prior year.
  • EBITDA slipped to -$18.5 million in Q1 2026, from -$2.3 million in the prior quarter.
  • Over the last five years, EBITDA for SMTK reached as high as -$1.7 million in Q1 2024 and fell as low as -$18.5 million in Q1 2026.
  • The 5-year median for EBITDA is -$2.6 million (2022), against an average of -$3.6 million.
  • Annual changes were most pronounced in 2022 — EBITDA soared 72.13% — and 2026, when it sank 488.05%.
  • A 5-year view of EBITDA shows it stood at -$2.2 million in 2022, then declined by 8.15% to -$2.4 million in 2023, then fell by 5.35% to -$2.5 million in 2024, then grew by 9.68% to -$2.3 million in 2025, then plunged by 717.13% to -$18.5 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$18.5 million, -$2.3 million, and -$3.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 2.52 Bn
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 2.05 Bn
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 1.41 Bn
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 473.00 Mn
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 351.00 Mn
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 141.60 Mn
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn 100.29 Mn
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 16.65 Mn
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn 54.03 Mn
10 SmartKem 3.46 Mn -4.14 Mn 16,000.00 -18.46 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -18.46 Mn
Dec 31, 2025 -2.26 Mn
Sep 30, 2025 -3.12 Mn
Jun 30, 2025 -4.46 Mn
Mar 31, 2025 -3.14 Mn
Dec 31, 2024 -2.50 Mn
Sep 30, 2024 -2.72 Mn
Jun 30, 2024 -2.93 Mn
Mar 31, 2024 -1.71 Mn
Dec 31, 2023 -2.37 Mn
Sep 30, 2023 -2.17 Mn
Jun 30, 2023 -2.54 Mn
Mar 31, 2023 -2.50 Mn
Dec 31, 2022 -2.20 Mn
Sep 30, 2022 -2.84 Mn
Jun 30, 2022 -2.98 Mn
Mar 31, 2022 -2.61 Mn
Dec 31, 2021 -2.70 Mn
Sep 30, 2021 -2.58 Mn
Jun 30, 2021 -2.39 Mn