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.

• In Q1 2026, Research & Development fell 39.01% year-over-year to $913000.0; the TTM figure through Mar 2026 stood at $6.4 million (up 20.65% YoY), while the FY2025 annual figure was $7.0 million, up 37.29% from the prior year.
• Research & Development declined to $913000.0 in Q1 2026 per SMTK's latest filing, from $1.0 million in the prior quarter.
• Across five years, Research & Development topped out at $2.4 million in Q2 2025 and bottomed at $913000.0 in Q1 2026.
• Historically, Research & Development has averaged $1.4 million across 5 years, with a median of $1.3 million in 2022.
• Annual changes were most pronounced in 2022 — Research & Development plunged 63.64% — and 2025, when it jumped 109.5%.
• SmartKem's Research & Development stood at $1.7 million in 2022, then decreased by 12.11% to $1.5 million in 2023, then retreated by 19.21% to $1.2 million in 2024, then slipped by 11.51% to $1.0 million in 2025, then slipped by 12.04% to $913000.0 in 2026.
• Business Quant data shows SMTK's Research & Development at $913000.0 in Q1 2026, $1.0 million in Q4 2025, and $2.1 million in Q3 2025.