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Discontinued — last reported Q4 '24

EBIT at other companies

Merck & Co. logo
Merck & Co.MRK
-$683M-114%
Immunome logo
ImmunomeIMNM
-$59.33M-32.9%
Arcus Biosciences logo
Arcus BiosciencesRCUS
-$96M-1,100%
Inhibrx Biosciences, Inc. logo
Inhibrx Biosciences, Inc.INBX
-$30.93M+27.9%
Incyte logo
IncyteINCY
$697.9M+31.6%
Gilead Sciences logo
Gilead SciencesGILD
-$10.39B-520%

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$10.8B-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

Calculated from Summit Therapeutics’s reported figures.

The source filing: Summit Therapeutics’s 10-K, filed February 23, 2026. Open the filing →

Filed
Feb 23, 2026, 4:10 PM EST
Fiscal year
FY2025
Accession
0001599298-26-000015

FAQ

What is Summit Therapeutics's EBIT?
Summit Therapeutics (SMMT) reported EBIT of -$65.61M in Q4 2024.
How has Summit Therapeutics's EBIT changed year-over-year?
Summit Therapeutics's EBIT decreased by 81.2% year-over-year, from -$36.21M to -$65.61M.
What is the long-term trend for Summit Therapeutics's EBIT?
Over 3 years (2021 to 2024), Summit Therapeutics's EBIT has grown at a 37.9% compound annual growth rate (CAGR), from -$86.19M to -$226M.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.

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