SMTKNasdaqSemiconductors & Related DevicesFiscal year ends December 31

SmartKem, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026

$0.47−0.06 (-10.60%)

Close on Oct 19, 2026

Market cap: $11.11M
P/E (TTM): –
Dividend yield: –

SmartKem, Inc. income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31
Revenue	0.70	0.08	0.03	0.04	0.02	0.09
Cost of Revenue	0.27	0.03	0.02	0.03	0.01	0.06
Gross Profit	0.43	0.05	0.00	0.01	0.01	0.04
Research & Development	7.02	5.11	5.56	5.80	8.20	4.32
Selling, General & Admin	7.37	6.34	5.19	5.07	8.07	1.71
Selling & Marketing	–	–	–	–	0.75	0.10
Operating Expenses	14	12	11	11	18	6.03
Operating Income	-13	-10	-9.99	-9.69	-16	-4.55
Interest Expense	–	–	–	–	0.02	6.84
Interest & Investment Income	–	–	0.01	0.01	0.00	0.00
Other Non-Operating Income	2.30	0.14	1.49	-1.78	-0.82	-19
Pretax Income	-11	-10	-8.50	-11	-17	-23
Income Tax Expense	-0.02	0.00	–	0.02	–	–
Net Income incl. Noncontrolling Interests	-11	-10	-8.50	-11	-17	-23
Net Income	-11	-10	-8.50	-11	-17	-23
Preferred Dividends	–	9.22	–	–	–	–
Net Income to Common	-11	-20	-8.50	–	–	–
EPS (Basic)(per share)	-1.29	-3.17	-6.32	-13.88	-23.80	-63.00
EPS (Diluted)(per share)	-1.29	-6.00	-6.32	-13.88	-23.80	-63.00
Shares Outstanding (Basic, Weighted)(shares)	8.16	3.26	1.34	0.83	0.72	0.37
Shares Outstanding (Diluted, Weighted)(shares)	8.16	3.26	1.34	0.83	0.72	0.37
Dividend per Share(per share)	–	2.83	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 62.7%
Operating margin: -1404.4%
Net margin: -4320.4%
Return on equity, FY2025: -791.0%

Financial strength

Current ratio: 15.34
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 546.5%

Valuation

P/E ratio: –
Price to sales: 16.78
Price to book: 1.15
Dividend yield: –