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.

• On a quarterly basis, Research & Development fell 39.01% year-over-year to $913000.0 in Q1 2026; TTM through Mar 2026 was $6.4 million, a 20.65% increase from a year earlier, with the FY2025 full-year figure at $7.0 million, up 37.29% from the prior year.
• Research & Development was $913000.0 for Q1 2026 at SmartKem, down from $1.0 million in the prior quarter.
• Over five years, Research & Development peaked at $2.4 million in Q2 2025 and troughed 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 sank 63.64% in 2022 and soared 109.5% in 2025, its largest moves.
• Over 5 years, Research & Development stood at $1.7 million in 2022, then fell by 12.11% to $1.5 million in 2023, then declined by 19.21% to $1.2 million in 2024, then retreated by 11.51% to $1.0 million in 2025, then retreated 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.