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SmartKem (SMTK) Operating Expenses (2020 - 2025)

SmartKem (SMTK) has disclosed Operating Expenses for 6 consecutive years, with $3.4 million as the latest value for Q3 2025.

  • On a quarterly basis, Operating Expenses rose 10.27% to $3.4 million in Q3 2025 year-over-year; TTM through Sep 2025 was $14.2 million, a 25.93% increase, with the full-year FY2024 number at $11.5 million, up 6.46% from a year prior.
  • Operating Expenses was $3.4 million for Q3 2025 at SmartKem, down from $4.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $9.3 million in Q1 2021 to a low of $2.5 million in Q4 2023.
  • A 5-year average of $3.3 million and a median of $2.7 million in 2022 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: surged 468.46% in 2021, then crashed 71.01% in 2022.
  • SmartKem's Operating Expenses stood at $2.8 million in 2021, then decreased by 4.46% to $2.7 million in 2022, then dropped by 7.53% to $2.5 million in 2023, then rose by 8.66% to $2.7 million in 2024, then increased by 26.04% to $3.4 million in 2025.
  • Per Business Quant, the three most recent readings for SMTK's Operating Expenses are $3.4 million (Q3 2025), $4.7 million (Q2 2025), and $3.4 million (Q1 2025).