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Discontinued — last reported Q4 '24

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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$10.67B+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

Calculated from Summit Therapeutics’s reported figures.

$65.6Mebit+
$22.0KDepreciation Depletion & Amortization
=-$65.59M

The official record: Summit Therapeutics’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Summit Therapeutics's EBITDA?
Summit Therapeutics (SMMT) reported EBITDA of -$65.59M in Q4 2024.
How has Summit Therapeutics's EBITDA changed year-over-year?
Summit Therapeutics's EBITDA decreased by 81.3% year-over-year, from -$36.18M to -$65.59M.
What is the long-term trend for Summit Therapeutics's EBITDA?
Over 3 years (2021 to 2024), Summit Therapeutics's EBITDA has grown at a 38.6% compound annual growth rate (CAGR), from -$84.84M to -$225.91M.
What does EBITDA mean?
Operating cash profit before interest, taxes, and non-cash charges.
How do you interpret EBITDA?
Higher is better and widely used to value capital-intensive businesses, but it ignores the real cost of capex — pair it with free cash flow. (Defined as EBIT + D&A so EBITDA = EBIT + D&A holds exactly.)
How does EBITDA compare across companies?
Standard cross-company operating-profit proxy for non-financials; not meaningful for banks and insurers.