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Summit Therapeutics SMMT Proceeds From Warrant Exercises

Proceeds From Warrant Exercises at other companies

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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

Reported directly by Summit Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromWarrantExercises.

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 proceeds from warrant exercises?
Summit Therapeutics (SMMT) reported proceeds from warrant exercises of $0 in Q1 2026.
How has Summit Therapeutics's proceeds from warrant exercises changed year-over-year?
Summit Therapeutics's proceeds from warrant exercises decreased by 100.0% year-over-year, from $5.66M to $0.
What does proceeds from warrant exercises mean?
Cash received when investors exercise their rights to buy shares via warrants.
How do you interpret proceeds from warrant exercises?
Higher proceeds indicate that the stock price is performing well enough to incentivize warrant holders to convert, providing a source of non-dilutive capital.
How does proceeds from warrant exercises compare across companies?
Common in companies that have previously issued warrants as part of financing packages; peers report this as a component of financing cash flow.