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SmartKem (SMTK) Research & Development (2020 - 2025)

SmartKem (SMTK) has disclosed Research & Development for 6 consecutive years, with $2.1 million as the latest value for Q3 2025.

  • On a quarterly basis, Research & Development rose 36.7% to $2.1 million in Q3 2025 year-over-year; TTM through Sep 2025 was $7.2 million, a 32.69% increase, with the full-year FY2024 number at $5.1 million, down 8.01% from a year prior.
  • Research & Development was $2.1 million for Q3 2025 at SmartKem, down from $2.4 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $4.0 million in Q1 2021 to a low of $1.2 million in Q2 2024.
  • A 5-year average of $1.6 million and a median of $1.5 million in 2023 define the central range for Research & Development.
  • Peak YoY movement for Research & Development: skyrocketed 260.99% in 2021, then tumbled 63.64% in 2022.
  • SmartKem's Research & Development stood at $1.5 million in 2021, then increased by 12.08% to $1.7 million in 2022, then decreased by 12.11% to $1.5 million in 2023, then dropped by 19.21% to $1.2 million in 2024, then soared by 75.28% to $2.1 million in 2025.
  • Per Business Quant, the three most recent readings for SMTK's Research & Development are $2.1 million (Q3 2025), $2.4 million (Q2 2025), and $1.5 million (Q1 2025).