SmartKem (SMTK) Operating Income (2020 - 2026)

SmartKem has disclosed Operating Income across 7 years of filings, most recently posting -$2.6 million for Q1 2026.

• In Q1 2026, Operating Income rose 18.01% year-over-year to -$2.6 million; the TTM figure through Mar 2026 stood at -$12.3 million (down 10.02% YoY), while the FY2025 annual figure was -$12.8 million, down 22.66% from the prior year.
• Operating Income retreated to -$2.6 million in Q1 2026, from -$2.1 million in the prior quarter.
• Over the last five years, Operating Income for SMTK reached as high as -$2.1 million in Q4 2025 and fell as low as -$4.4 million in Q2 2025.
• The 5-year median for Operating Income is -$2.5 million (2022), against an average of -$2.7 million.
• Annual changes were most pronounced in 2022 — Operating Income surged 72.87% — and 2025, when it plunged 57.44%.
• A 5-year view of Operating Income shows it stood at -$2.4 million in 2022, then advanced by 1.33% to -$2.4 million in 2023, then retreated by 1.05% to -$2.4 million in 2024, then increased by 11.0% to -$2.1 million in 2025, then declined by 20.46% to -$2.6 million in 2026.
• According to Business Quant data, Operating Income over the past three periods registered -$2.6 million, -$2.1 million, and -$3.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.