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SmartKem (SMTK) Operating Expenses (2020 - 2025)

SmartKem has reported Operating Expenses over the past 6 years, most recently at $2.7 million 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 was $2.7 million for Q4 2025 at SmartKem, down from $3.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $9.3 million in Q1 2021 and troughed at $2.5 million in Q4 2023.
  • The 5-year median for Operating Expenses is $2.7 million (2022), against an average of $3.3 million.
  • Year-over-year, Operating Expenses surged 468.46% in 2021 and then crashed 71.01% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $2.8 million in 2021, then dropped by 4.46% to $2.7 million in 2022, then fell by 7.53% to $2.5 million in 2023, then increased by 8.66% to $2.7 million in 2024, then fell by 1.28% to $2.7 million in 2025.
  • Per Business Quant, the three most recent readings for SMTK's Operating Expenses are $2.7 million (Q4 2025), $3.4 million (Q3 2025), and $4.7 million (Q2 2025).