Company / Gross Margin
SmartKem, Inc. Gross Margin History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
61.0%
FY2025
5-year range
14.8% / 61.0%
FY2021-FY2025
Trend
+311.7%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin changed +312% YoY in FY2025, a notable deviation from the 4-year average annual change of +65%.
Based on SEC 10-K filings.
61.0% in FY2025 with a 3-year CAGR of +5.4%.
Improved from 17.5% to 61.0% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- +5.4pp
- 5-Year Change
- -
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, gross margin increased 311.7% year-over-year.
- Lowest gross margin in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score -16.20 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 61.0% | +311.7% |
| FY2024 | 14.8% | -15.4% |
| FY2023 | 17.5% | -68.5% |
| FY2022 | 55.6% | +33.9% |
| FY2021 | 41.5% | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026