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| Date | Value |
|---|---|
| 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 |