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Summit Therapeutics SMMT Interest Expense

Discontinued — last reported Q4 '25

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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$10.8B-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

Reported directly by Summit Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

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

Filed
Feb 23, 2026, 4:10 PM EST
Fiscal year
FY2025
Accession
0001599298-26-000015
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
General and administrative556,75060,21429,264
Total operating expenses1,094,424225,998609,650
Other income, net14,83813,36911,183
Interest expense(8,686)(16,461)
Net loss$(1,079,586)$(221,315)$(614,928)
Net loss per share:
Basic and diluted$(1.44)$(0.31)$(0.99)
Weighted average common shares outstanding:

Item 16. Report Summary

FAQ

What is Summit Therapeutics's interest expense?
Summit Therapeutics (SMMT) reported interest expense of $0 in Q4 2025.
How has Summit Therapeutics's interest expense changed year-over-year?
Summit Therapeutics's interest expense decreased by 100.0% year-over-year, from $9K to $0.
What is the long-term trend for Summit Therapeutics's interest expense?
Over 2 years (2022 to 2025), Summit Therapeutics's interest expense has grown at a -100.0% compound annual growth rate (CAGR), from $4.4M to $0.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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