SmartKem (SMTK) EBITDA (2020 - 2026)

SmartKem (SMTK) recorded quarterly EBITDA of -$2.6 million in Q1 2026, down 20.46% on a QoQ basis from -$2.1 million in Q4 2025, and up 18.01% YoY from -$2.2 million in Q1 2025.

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

SmartKem (SMTK) has reported EBITDA for 7 consecutive years, with -$2.6 million the latest figure, recorded in Q1 2026.

  • EBITDA for Q1 2026 came in at -$2.6 million, up 18.01% year-over-year; the trailing twelve-month figure through Mar 2026 was -$12.3 million (down 10.02% YoY), and the FY2025 annual result was -$12.8 million, down 22.66% from the prior year.
  • EBITDA for Q1 2026 stood at -$2.6 million, down from -$2.1 million in the prior quarter.
  • The five-year high for EBITDA was -$2.1 million in Q4 2025, with the low at -$4.4 million in Q2 2025.
  • A 5-year average of -$2.7 million and a median of -$2.5 million in 2022 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA surged 72.87% in 2022 and slumped 57.44% in 2025, its largest moves.
  • SmartKem's EBITDA stood at -$2.4 million in 2022, then advanced by 1.33% to -$2.4 million in 2023, then retreated by 1.05% to -$2.4 million in 2024, then increased by 11.0% to -$2.1 million in 2025, then declined by 20.46% to -$2.6 million in 2026.
  • The last three EBITDA figures came in at -$2.6 million (Q1 2026), -$2.1 million (Q4 2025), and -$3.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Asml Holding 636.08 Bn 620.57 Bn 5.90 Bn 5.90 Bn
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn 2.52 Bn
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 2.05 Bn
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 1.41 Bn
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 473.00 Mn
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 351.00 Mn
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 141.60 Mn
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 33.51 Mn
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn 199.85 Mn
10 SmartKem 3.03 Mn -4.57 Mn 16,000.00 -2.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.57 Mn
Dec 31, 2025 -2.14 Mn
Sep 30, 2025 -3.19 Mn
Jun 30, 2025 -4.37 Mn
Mar 31, 2025 -3.14 Mn
Dec 31, 2024 -2.40 Mn
Sep 30, 2024 -2.84 Mn
Jun 30, 2024 -2.78 Mn
Mar 31, 2024 -2.45 Mn
Dec 31, 2023 -2.38 Mn
Sep 30, 2023 -2.70 Mn
Jun 30, 2023 -2.37 Mn
Mar 31, 2023 -2.55 Mn
Dec 31, 2022 -2.41 Mn
Sep 30, 2022 -2.46 Mn
Jun 30, 2022 -2.42 Mn
Mar 31, 2022 -2.41 Mn
Dec 31, 2021 -2.69 Mn
Sep 30, 2021 -2.28 Mn
Jun 30, 2021 -2.46 Mn