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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$10.79B-49.0%
Enterprise value$10.81B-49.0%

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:CommonStockSharesAuthorized.

The source filing: Summit Therapeutics’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001599298-26-000039
Line itemMarch 31, 2026December 31, 2025
Commitments and contingencies (Note 12)
Stockholders' equity:
Preferred stock, $0.01 par value, 20,000,000 shares authorized; none issued and outstanding at March 31, 2026 and December 31, 2025, respectively
Common stock, $0.01 par value: 1,000,000,000 shares authorized; 776,017,474 and 775,371,200 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively7,7607,754
Additional paid-in capital3,024,3872,947,805
Accumulated other comprehensive loss(2,632)(2,540)
Accumulated deficit(2,483,583)(2,294,159)
Total stockholders' equity545,932658,860

Item 1. Financial Statements.

FAQ

What is Summit Therapeutics's common stock?
Summit Therapeutics (SMMT) reported common stock of 1B in Q1 2026.
How has Summit Therapeutics's common stock changed year-over-year?
Summit Therapeutics's common stock decreased by 0.0% year-over-year, from 1B to 1B.
What is the long-term trend for Summit Therapeutics's common stock?
Over 5 years (2020 to 2025), Summit Therapeutics's common stock has grown at a 313.6% compound annual growth rate (CAGR), from 826K to 1B.
What does common stock mean?
The par value of all common shares issued and outstanding, typically a nominal amount ($0.01 or $0.001 per share).

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