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

SmartKem has reported Research & Development over the past 6 years, most recently at $1.0 million 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 was $1.0 million for Q4 2025 at SmartKem, down from $2.1 million in the prior quarter.
  • Over five years, Research & Development peaked at $4.0 million in Q1 2021 and troughed at $1.0 million in Q4 2025.
  • The 5-year median for Research & Development is $1.4 million (2021), against an average of $1.6 million.
  • Year-over-year, Research & Development skyrocketed 260.99% in 2021 and then tumbled 63.64% in 2022.
  • A 5-year view of Research & Development shows it stood at $1.5 million in 2021, then grew by 12.08% to $1.7 million in 2022, then dropped by 12.11% to $1.5 million in 2023, then fell by 19.21% to $1.2 million in 2024, then decreased by 11.51% to $1.0 million in 2025.
  • Per Business Quant, the three most recent readings for SMTK's Research & Development are $1.0 million (Q4 2025), $2.1 million (Q3 2025), and $2.4 million (Q2 2025).