SmartKem (SMTK) Operating Income (2020 - 2026)

SmartKem (SMTK) reported Operating Income of -$2.6 million for Q1 2026, up 18.01% year-over-year from -$2.2 million in Q1 2025, and down 20.46% quarter-over-quarter from -$2.1 million in Q4 2025.

SmartKem (SMTK) Operating Income (2020 - 2026) Analysis & Trends

SmartKem (SMTK) has 7 years of Operating Income data on file, last reported at -$2.6 million in Q1 2026.

  • Operating Income for Q1 2026 came in at -$2.6 million, up 18.01% year-over-year; the trailing twelve-month figure through Mar 2026 was -$12.3 million (down 10.02% YoY), and the FY2025 annual result was -$12.8 million, down 22.66% from the prior year.
  • Operating Income declined to -$2.6 million in Q1 2026 per SMTK's latest filing, from -$2.1 million in the prior quarter.
  • Over five years, Operating Income peaked at -$2.1 million in Q4 2025 and troughed at -$4.4 million in Q2 2025.
  • A 5-year average of -$2.7 million and a median of -$2.5 million in 2022 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2022 and 2025: Operating Income surged 72.87% in 2022, then slumped 57.44% in 2025.
  • 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.
  • Business Quant data shows SMTK's Operating Income at -$2.6 million in Q1 2026, -$2.1 million in Q4 2025, and -$3.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Asml Holding 14,963,355.55 Bn 14,963,340.04 Bn 5.90 Bn 5.90 Bn
2 Lam Research 408.02 Bn 403.27 Bn 2.91 Bn 2.05 Bn
3 Applied Materials 391.00 Bn 384.25 Bn 3.95 Bn 2.52 Bn
4 Kla 277.01 Bn 272.05 Bn 2.09 Bn 1.41 Bn
5 Teradyne 58.18 Bn 57.94 Bn 780.95 Mn 473.00 Mn
6 Qnity Electronics 30.25 Bn 30.41 Bn 618.00 Mn 351.00 Mn
7 Entegris 20.20 Bn 19.76 Bn 380.80 Mn 141.60 Mn
8 Amkor Technology 16.87 Bn 15.05 Bn 239.03 Mn 100.29 Mn
9 Onto Innovation 13.38 Bn 12.72 Bn 146.39 Mn 33.51 Mn
10 SmartKem 24.12 Mn 16.52 Mn 16,000.00 -2.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.57 Mn
Dec 31, 2025 -2.14 Mn
Sep 30, 2025 -3.19 Mn
Jun 30, 2025 -4.37 Mn
Mar 31, 2025 -3.14 Mn
Dec 31, 2024 -2.40 Mn
Sep 30, 2024 -2.84 Mn
Jun 30, 2024 -2.78 Mn
Mar 31, 2024 -2.45 Mn
Dec 31, 2023 -2.38 Mn
Sep 30, 2023 -2.70 Mn
Jun 30, 2023 -2.37 Mn
Mar 31, 2023 -2.55 Mn
Dec 31, 2022 -2.41 Mn
Sep 30, 2022 -2.46 Mn
Jun 30, 2022 -2.42 Mn
Mar 31, 2022 -2.41 Mn
Dec 31, 2021 -2.69 Mn
Sep 30, 2021 -2.28 Mn
Jun 30, 2021 -2.46 Mn