Growth Metrics

SmartKem (SMTK) Gross Margin (2020 - 2025)

SmartKem has reported Gross Margin over the past 5 years, most recently at 57.58% for Q4 2025.

  • Quarterly Gross Margin fell 4242.0% to 57.58% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 60.98% through Dec 2025, changed 0.0% year-over-year, with the annual reading at 60.98% for FY2025, 0.0% changed from the prior year.
  • Gross Margin was 57.58% for Q4 2025 at SmartKem, down from 93.83% in the prior quarter.
  • Over five years, Gross Margin peaked at 100.0% in Q4 2024 and troughed at 3.85% in Q3 2022.
  • The 4-year median for Gross Margin is 37.5% (2022), against an average of 46.95%.
  • Year-over-year, Gross Margin soared 6282bps in 2023 and then crashed -4242bps in 2025.
  • A 4-year view of Gross Margin shows it stood at 15.0% in 2022, then skyrocketed by 344bps to 66.67% in 2023, then soared by 50bps to 100.0% in 2024, then crashed by -42bps to 57.58% in 2025.
  • Per Business Quant, the three most recent readings for SMTK's Gross Margin are 57.58% (Q4 2025), 93.83% (Q3 2025), and 12.5% (Q2 2025).