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D&A at other companies

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ImmunomeIMNM
$603K-1.3%
Arcus Biosciences logo
Arcus BiosciencesRCUS
$3M+50.0%
Nuvation Bio logo
Nuvation BioNUVB
$536K+50.6%
Inhibrx Biosciences, Inc. logo
Inhibrx Biosciences, Inc.INBX
$537K-20.4%
Incyte logo
IncyteINCY
$26.48M+15.5%
Gilead Sciences logo
Gilead SciencesGILD
$98M+5.4%

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:Depreciation.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of discount on short-term investments(4,217)(2,966)
Unrealized foreign exchange loss (gain)190(224)
Depreciation4425
Stock-based compensation72,79111,096
Change in operating assets and liabilities:
Prepaid expenses and other current assets(11,014)1,850
Other assets(1,026)(1,419)

Item 1. Financial Statements.

FAQ

What is Summit Therapeutics's D&A?
Summit Therapeutics (SMMT) reported D&A of $44K in Q1 2026.
How has Summit Therapeutics's D&A changed year-over-year?
Summit Therapeutics's D&A increased by 76.0% year-over-year, from $25K to $44K.
What is the long-term trend for Summit Therapeutics's D&A?
Over 4 years (2021 to 2025), Summit Therapeutics's D&A has grown at a -18.4% compound annual growth rate (CAGR), from $330K to $146K.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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