SmartKem (SMTK) Research & Development (2020 - 2026)

SmartKem (SMTK) has reported Research & Development for 7 consecutive years, with $913000.0 the latest figure, recorded in Q1 2026.

• Research & Development for Q1 2026 came in at $913000.0, down 39.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.4 million (up 20.65% YoY), and the FY2025 annual result was $7.0 million, up 37.29% from the prior year.
• Research & Development for Q1 2026 stood at $913000.0, down from $1.0 million in the prior quarter.
• The five-year high for Research & Development was $2.4 million in Q2 2025, with the low at $913000.0 in Q1 2026.
• A 5-year average of $1.4 million and a median of $1.3 million in 2022 frame the typical range for Research & Development.
• Across the five-year window, Research & Development plunged 63.64% in 2022 and jumped 109.5% in 2025, its largest moves.
• SmartKem's Research & Development stood at $1.7 million in 2022, then retreated by 12.11% to $1.5 million in 2023, then fell by 19.21% to $1.2 million in 2024, then decreased by 11.51% to $1.0 million in 2025, then decreased by 12.04% to $913000.0 in 2026.
• The last three Research & Development figures came in at $913000.0 (Q1 2026), $1.0 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.