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Summit Therapeutics SMMT Change in Accrued Liabilities

Change in Accrued Liabilities at other companies

Merck & Co. logo
Merck & Co.MRK
-$460.25M+20.9%
Exelixis logo
ExelixisEXEL
$4.04M-12.2%
Incyte logo
IncyteINCY
-$84.73M-213%
Roivant Sciences logo
Roivant SciencesROIV
$63.23M
Jazz Pharmaceuticals logo
Jazz PharmaceuticalsJAZZ
-$7.9M-104%
Gilead Sciences logo
Gilead SciencesGILD
-$702M-188%

Other financials

Income statement

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Revenue-
Operating income-$65.6M-81.2%
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

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Market cap$10.67B+3.3%
Enterprise value$10.68B+3.4%

Profitability

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Operating margin-268,266.8%-272,316pp
Net margin-271,685%-275,966pp
FCF margin-5,931.6%+4,730pp

Returns & leverage

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

Where this comes from

Reported directly by Summit Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedLiabilities.

The official record: Summit Therapeutics’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Summit Therapeutics's change in accrued liabilities?
Summit Therapeutics (SMMT) reported change in accrued liabilities of $12.22M in Q1 2026.
How has Summit Therapeutics's change in accrued liabilities changed year-over-year?
Summit Therapeutics's change in accrued liabilities increased by 658.4% year-over-year, from $1.61M to $12.22M.
What is the long-term trend for Summit Therapeutics's change in accrued liabilities?
Over 3 years (2021 to 2025), Summit Therapeutics's change in accrued liabilities has grown at a 33.0% compound annual growth rate (CAGR), from $5.49M to $12.93M.
What does change in accrued liabilities mean?
The change in expenses that have been recognized but not yet paid out in cash.
How do you interpret change in accrued liabilities?
An increase represents a non-cash expense accrual that preserves cash, while a decrease indicates the settlement of these obligations.
How does change in accrued liabilities compare across companies?
Standard across all industries; highly relevant for R&D-heavy firms with significant accrued clinical research costs.