SmartKem financials
$1.59−9.14%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 12 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $20.0K | $561.0K | $81.0K | $32.0K | $23.0K | $42.0K | $0.00 | $40.0K |
| Gross profit | $0.00 | $16.0K | $323.0K | $76.0K | $4.0K | $22.0K | $42.0K | $0.00 | $8.0K |
| Gross margin | — | 80.0% | 57.6% | 93.8% | 12.5% | 95.7% | 100.0% | — | 20.0% |
| Operating income | -$47.1M | -$2.5M | -$3.3M | -$3.2M | -$4.5M | -$3.2M | -$3.3M | -$2.8M | -$2.8M |
| Net income | -$3.3M | -$19.4M | -$2.1M | -$3.9M | -$2.4M | -$2.1M | -$11.9M | -$2.8M | -$3.1M |
| Net margin | — | −96845.0% | −366.3% | −4839.5% | −7500.0% | −9278.3% | −28373.8% | — | −7747.5% |
| Diluted EPS | $-7.00 | $-67.00 | $-11.26 | $-22.50 | $-15.00 | $-16.00 | $-155.22 | $-43.00 | $-49.00 |
| EBITDA | -$47.1M | -$2.5M | -$3.2M | -$3.1M | -$4.4M | -$3.2M | -$3.3M | -$2.8M | -$2.7M |
| Operating cash flow | — | -$1.6M | -$1.4M | -$200.0K | -$2.8M | -$3.3M | -$1.1M | -$2.6M | -$2.8M |
| Free cash flow | — | -$1.6M | -$1.4M | -$305.0K | -$2.8M | -$3.3M | -$1.1M | -$2.7M | -$2.8M |
| Diluted shares | 0.5M | 0.3M | 0.2M | 0.2M | 0.2M | 0.1M | 0.1M | 0.1M | 0.1M |
Balance sheet
| Period end | Jun 12 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.7M | $7.6M | $374.0K | $881.0K | $1.2M | $3.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $0.00 | $101.0K | $928.0K | $0.00 | $0.00 | $0.00 |
| Total assets | $10.4M | $9.5M | $2.3M | $3.2M | $4.3M | $5.9M |
| Total liabilities | $675.0K | $4.1M | $6.2M | $6.2M | $4.4M | $2.1M |
| Shareholders' equity | $9.7M | $5.4M | -$3.9M | -$3.0M | -$127.0K | $3.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology