Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
Others
Ratios

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

SmartKem (SMTK) has disclosed Research & Development for 6 consecutive years, with $1.0 million as the latest value for Q4 2025.

  • Quarterly Research & Development fell 11.51% to $1.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $7.0 million through Dec 2025, up 37.29% year-over-year, with the annual reading at $7.0 million for FY2025, 37.29% up from the prior year.
  • Research & Development for Q4 2025 was $1.0 million at SmartKem, down from $2.1 million in the prior quarter.
  • The five-year high for Research & Development was $4.0 million in Q1 2021, with the low at $1.0 million in Q4 2025.
  • Average Research & Development over 5 years is $1.6 million, with a median of $1.4 million recorded in 2021.
  • The sharpest move saw Research & Development surged 260.99% in 2021, then crashed 63.64% in 2022.
  • Over 5 years, Research & Development stood at $1.5 million in 2021, then rose by 12.08% to $1.7 million in 2022, then fell by 12.11% to $1.5 million in 2023, then decreased by 19.21% to $1.2 million in 2024, then dropped by 11.51% to $1.0 million in 2025.
  • According to Business Quant data, Research & Development over the past three periods came in at $1.0 million, $2.1 million, and $2.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.