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Summit Therapeutics SMMT Q1 2026 earnings

Reported April 30, 2026 · Before market open

EPS-$0.24Beat by $0.09
Revenue estimate$54.4K
EPS estimate-$0.33

Next report

Oct 19, 2026 (in 2 months)
Revenue estimate$71.4K
EPS estimate-$0.28

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

as of 03/31/26
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Market cap$14.7B+3.3%
Enterprise value$14.71B+3.4%

Returns & leverage

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Return on equity-271%-1,725pp
Debt / equity0×0.0×
Current ratio7.4×-3.2×

FAQ

When did Summit Therapeutics report Q1 2026 earnings?
Summit Therapeutics (SMMT) reported Q1 2026 earnings on April 30, 2026 before market open.
What were Summit Therapeutics's Q1 2026 revenue and EPS?
Summit Therapeutics reported eps of $-0.24 for Q1 2026.
Did Summit Therapeutics beat estimates in Q1 2026?
EPS beat the consensus estimate of $-0.33 by $0.09.
How did Summit Therapeutics's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, eps declined 166.7% from $-0.09.
Where can I find Summit Therapeutics's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001599298-26-000037) and the 10-Q periodic report (0001599298-26-000039) directly on SEC EDGAR. The filing index links above go to sec.gov.