SmartKem (SMTK) Operating Income (2020 - 2026)

SmartKem (SMTK) has reported Operating Income for 7 consecutive years, with -$2.6 million the latest figure, recorded in Q1 2026.

• On a quarterly basis, Operating Income rose 18.01% year-over-year to -$2.6 million in Q1 2026; TTM through Mar 2026 was -$12.3 million, a 10.02% decrease from a year earlier, with the FY2025 full-year figure at -$12.8 million, down 22.66% from the prior year.
• Operating Income was -$2.6 million for Q1 2026 at SmartKem, down 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.
• Across the five-year window, Operating Income jumped 72.87% in 2022 and tumbled 57.44% in 2025, its largest moves.
• Over 5 years, Operating Income stood at -$2.4 million in 2022, then gained by 1.33% to -$2.4 million in 2023, then fell by 1.05% to -$2.4 million in 2024, then grew by 11.0% to -$2.1 million in 2025, then dropped by 20.46% to -$2.6 million in 2026.
• The last three Operating Income figures came in at -$2.6 million (Q1 2026), -$2.1 million (Q4 2025), and -$3.2 million (Q3 2025), per Business Quant data.