Growth Metrics

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

Historic Research & Development for SmartKem (SMTK) over the last 6 years, with Q3 2025 value amounting to $2.1 million.

  • SmartKem's Research & Development rose 3670.21% to $2.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $7.2 million, marking a year-over-year increase of 2587.12%. This contributed to the annual value of $5.1 million for FY2024, which is 800.94% down from last year.
  • Per SmartKem's latest filing, its Research & Development stood at $2.1 million for Q3 2025, which was up 3670.21% from $2.4 million recorded in Q2 2025.
  • In the past 5 years, SmartKem's Research & Development ranged from a high of $4.0 million in Q1 2021 and a low of $1.2 million during Q2 2024
  • For the 5-year period, SmartKem's Research & Development averaged around $1.6 million, with its median value being $1.5 million (2022).
  • Per our database at Business Quant, SmartKem's Research & Development soared by 26099.39% in 2021 and then plummeted by 6364.32% in 2022.
  • Over the past 5 years, SmartKem's Research & Development (Quarter) stood at $1.5 million in 2021, then increased by 12.08% to $1.7 million in 2022, then dropped by 12.11% to $1.5 million in 2023, then decreased by 19.21% to $1.2 million in 2024, then skyrocketed by 75.28% to $2.1 million in 2025.
  • Its Research & Development stands at $2.1 million for Q3 2025, versus $2.4 million for Q2 2025 and $1.5 million for Q1 2025.