SmartKem (SMTK) Operating Margin (2020 - 2026)
SmartKem (SMTK) reported Operating Margin of -12865.00% for Q1 2026, up 778.48 percentage points from -13643.48% a year earlier but down 12484.25 percentage points from the prior quarter.
SmartKem (SMTK) Operating Margin (2020 - 2026) Analysis & Trends
For FY2025, SmartKem posted Operating Margin of -1841.46%, up 10919.51 percentage points from FY2024.
- Operating Margin has a five-year change of +2998.96 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at -12760.98% in FY2024 (+24242.73 pp), -37003.70% in FY2023 (-12768.70 pp), -24235.00% in FY2022 (+66331.67 pp) and -90566.67% in FY2021 (-85726.24 pp).
- Five-year quarterly Operating Margin spans a low of -89833.33% in Q3 2023 and a high of -380.75% in Q4 2025.
- Year over year, Operating Margin gained in four of the last five quarters, with an average year-over-year change of +9842.04 percentage points.
- The high point for year-over-year Operating Margin in five years was Q2 2023 (a gain of 30862.50 percentage points); the low point was Q3 2023 (a drop of 80367.95 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at -380.75% (Q4 2025), -3937.04% (Q3 2025) and -13662.50% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 238.84 Bn | 220.98 Bn | 4.44 Bn | 22.86% |
| 2 | Corning | 98.69 Bn | 90.37 Bn | 1.81 Bn | 18.76% |
| 3 | Sherwin Williams | 85.12 Bn | 84.13 Bn | 3.28 Bn | 17.61% |
| 4 | Air Products & Chemicals | 69.02 Bn | 64.21 Bn | 1.04 Bn | -66.34% |
| 5 | LyondellBasell Industries | 38.36 Bn | 26.43 Bn | 1.50 Bn | 12.55% |
| 6 | Nutrien | 34.35 Bn | 30.38 Bn | - | - |
| 7 | Ppg Industries | 27.44 Bn | 20.36 Bn | 1.76 Bn | 14.89% |
| 8 | Qnity Electronics | 26.06 Bn | 22.20 Bn | 743.00 Mn | 28.15% |
| 9 | Ati | 25.56 Bn | 23.51 Bn | 380.20 Mn | 19.10% |
| 10 | SmartKem | 120,420.52 | -12.45 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -12,865.00% |
| Dec 31, 2025 | -380.75% |
| Sep 30, 2025 | -3,937.04% |
| Jun 30, 2025 | -13,662.50% |
| Mar 31, 2025 | -13,643.48% |
| Dec 31, 2024 | -5,714.29% |
| Jun 30, 2024 | -6,942.50% |
| Mar 31, 2024 | -40,816.67% |
| Sep 30, 2023 | -89,833.33% |
| Jun 30, 2023 | -29,587.50% |
| Mar 31, 2023 | -15,962.50% |
| Sep 30, 2022 | -9,465.38% |
| Jun 30, 2022 | -60,450.00% |
| Mar 31, 2022 | -8,026.67% |
| Dec 31, 2020 | -6,234.78% |
| Sep 30, 2020 | -1,246.00% |
| Mar 31, 2020 | -6,920.87% |
SmartKem Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SMTK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SMTK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SMTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();