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Summit Therapeutics

SMMT

Summit Therapeutics is a biopharmaceutical company dedicated to developing and commercializing novel oncology therapies that aim to improve patient quality of life and survival.

Market cap
$12.01B-37.5%
Net income-$1.2B-401%
Free cash flow-$384.5M-121%
EPS (diluted)-$1.59-354%
Trailing twelve months · change vs. prior year

Earnings

Q1 2026 report

April 30, 2026

Next report

Aug 10, 2026 (In 4 weeks)
Revenue estimate$108.8K
EPS estimate-$0.26

Financials

Q1 2026

Income statement

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Net income-$189.4M-201%
EPS (diluted)-$0.24-167%

Balance sheet

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Cash & equivalents$8.2M+7.2%
Total debt$20.0M+211%
Total equity$545.9M+58.5%
Total assets$647.9M+68.8%

Cash flow

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Operating cash flow-$122.3M-99.9%
CapEx$245.0K-41.9%
Free cash flow-$122.5M-99.0%

Valuation & ratios

Valuation

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Market cap$12.01B-37.5%
Enterprise value$12.03B-28.4%

Returns & leverage

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Return on equity-271%-1,725pp
Debt / equity0.0×
Current ratio7.4×-3.2×

Competitors

Profile

Summit Therapeutics is a biopharmaceutical company dedicated to developing and commercializing novel oncology therapies that aim to improve patient quality of life and survival. The company's primary focus is the clinical development of ivonescimab, a first-in-class bispecific antibody designed to combine immunotherapy and anti-angiogenesis effects. Summit operates primarily in licensed territories including North America, Europe, and Japan, targeting serious unmet medical needs in lung and colorectal cancers.

Competitive position

Summit is a late-stage clinical developer of a potential first-in-class PD-1/VEGF bispecific antibody, currently seeking FDA approval for its lead candidate.

GeographiesUnited States, Canada, Europe, Japan, Latin America, Middle East, Africa
Customer segmentsHealthcare providers, Patients
Business modelBiotechnology R&D, Intellectual property licensing
SuppliersContract manufacturing organizations, Akeso Inc. (drug substance supply), Clinical trial sites, Specialized logistics providers
CustomersSpecialty pharmacies, Hospitals, Oncology clinics, Wholesale drug distributors
Listed2015
Employees105.0
CEORobert W. Duggan
Websitesmmttx.com
FilingsSEC EDGAR

Questions, answered.

What is Summit Therapeutics's market cap?
Summit Therapeutics (SMMT) has a market capitalization of $12.0B and trades on NASDAQ.
Who are Summit Therapeutics's competitors?
Summit Therapeutics's key competitors include BioNTech SE, AstraZeneca, Merck & Co., Inc., and others. These companies compete in similar markets and product categories.
Who does Summit Therapeutics partner with?
Summit Therapeutics's notable partners include Akeso, Inc., GORTEC, BioNTech SE, and others.
Where is Summit Therapeutics headquartered?
Summit Therapeutics is headquartered in United States of America and employs approximately 105 people. It has been publicly traded since 2015.