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SmartKem (SMTK) Operating Expenses (2020 - 2025)

SmartKem (SMTK) has disclosed Operating Expenses for 6 consecutive years, with $2.7 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 1.28% to $2.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $14.2 million through Dec 2025, up 23.24% year-over-year, with the annual reading at $14.2 million for FY2025, 23.24% up from the prior year.
  • Operating Expenses for Q4 2025 was $2.7 million at SmartKem, down from $3.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $9.3 million in Q1 2021, with the low at $2.5 million in Q4 2023.
  • Average Operating Expenses over 5 years is $3.3 million, with a median of $2.7 million recorded in 2022.
  • The sharpest move saw Operating Expenses soared 468.46% in 2021, then plummeted 71.01% in 2022.
  • Over 5 years, Operating Expenses stood at $2.8 million in 2021, then fell by 4.46% to $2.7 million in 2022, then decreased by 7.53% to $2.5 million in 2023, then grew by 8.66% to $2.7 million in 2024, then decreased by 1.28% to $2.7 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $2.7 million, $3.4 million, and $4.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.