Growth Metrics

SmartKem (SMTK) Gross Margin: 2020-2024

Historic Gross Margin for SmartKem (SMTK) over the last 5 years, with FY2024 value amounting to 60.98%.

  • SmartKem's Gross Margin changed N/A to 93.83% in Q3 2025 from the same period last year, while for Sep 2025 it was 80.9%, marking a year-over-year increase of 559000.0%. This contributed to the annual value of 60.98% for FY2024, which is 461600.0% up from last year.
  • Per SmartKem's latest filing, its Gross Margin stood at 60.98% for FY2024, which was up 461600.0% from 14.81% recorded in FY2023.
  • SmartKem's Gross Margin's 5-year high stood at 60.98% during FY2024, with a 5-year trough of 14.81% in FY2023.
  • In the last 5 years, SmartKem's Gross Margin had a median value of 41.49% in 2020 and averaged 38.07%.
  • Its Gross Margin has fluctuated over the past 5 years, first plummeted by -380600bps in 2022, then skyrocketed by 461600bps in 2024.
  • SmartKem's Gross Margin (Annual) stood at 41.49% in 2020, then soared by 34bps to 55.56% in 2021, then tumbled by -68bps to 17.5% in 2022, then decreased by -15bps to 14.81% in 2023, then surged by 312bps to 60.98% in 2024.
  • Its Gross Margin stands at 60.98% for FY2024, versus 14.81% for FY2023 and 17.5% for FY2022.