SmartKem, Inc. (SMTK) Revenue History
Annual and quarterly revenue from 2019 to 2024
Compound Annual Growth Rate (CAGR)
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SMTK Revenue Growth
SMTK Revenue Analysis (2019–2024)
As of May 8, 2026, SmartKem, Inc. (SMTK) generated trailing twelve-month (TTM) revenue of $178,000. The most recent quarter (Q3 2025) recorded $81,000 in revenue, up 153.1% sequentially.
Looking at the longer-term picture, SMTK's 5-year compound annual growth rate (CAGR) stands at +72.6%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $94,000 in 2020.
When compared to Technology sector peers including CBAT (-22.0% YoY), OLED (-3.4% YoY), and KOPN (+3.0% YoY). Compare SMTK vs CBAT →
SMTK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $178,000 | - | +72.6% | -12761.0% | ||
| $177M | -22.0% | +51.4% | 5.0% | ||
| $651M | -3.4% | +8.7% | 38.5% | ||
| $50M | +3.0% | +11.3% | -85.6% | ||
| $27M | +33.2% | +5.8% | 17.1% | ||
| $25.8B | +12.2% | +1.3% | 4.5% |
SMTK Historical Revenue Data (2019–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $82K | +203.7% | $50K | 61.0% | $-10,464,000 | -12761.0% |
| 2023 | $27K | -32.5% | $4K | 14.8% | $-9,991,000 | -37003.7% |
| 2022 | $40K | +122.2% | $7K | 17.5% | $-9,698,000 | -24245.0% |
| 2021 | $18K | -80.9% | $10K | 55.6% | $-14,973,000 | -83183.3% |
| 2020 | $94K | +1654.7% | $39K | 41.5% | $-4,550,000 | -4840.4% |
| 2019 | $5K | - | $-387,622 | -7235.8% | $-7,588,470 | -141655.2% |
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Start ComparisonSMTK — Frequently Asked Questions
Quick answers to the most common questions about buying SMTK stock.
Is SMTK's revenue growth accelerating or slowing?
SMTK TTM revenue: $178000.00. YoY growth: N/A. 5-year CAGR: +72.6%.
What is SMTK's long-term revenue growth rate?
SmartKem, Inc.'s 5-year revenue CAGR of +72.6% reflects the variable expansion pattern. Current YoY growth of N/A is near this long-term average.
How is SMTK's revenue distributed by segment?
SMTK reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2024 are available for download. Segment mix reveals concentration and diversification trends.