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Summit Therapeutics SMMT Net Change in Cash

Net Change in Cash at other companies

Merck & Co. logo
Merck & Co.MRK
-$9.29B-103%
Exelixis logo
ExelixisEXEL
-$256.34M-662%
Incyte logo
IncyteINCY
$363.28M+43.1%
Roivant Sciences logo
Roivant SciencesROIV
-$57.79M
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
-$635M-220%
AbbVie logo
AbbVieABBV
$4.16B+1,293%

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:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect.

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 net change in cash?
Summit Therapeutics (SMMT) reported net change in cash of -$118.75M in Q1 2026.
How has Summit Therapeutics's net change in cash changed year-over-year?
Summit Therapeutics's net change in cash decreased by 211.3% year-over-year, from $106.66M to -$118.75M.
What is the long-term trend for Summit Therapeutics's net change in cash?
Over 2 years (2022 to 2024), Summit Therapeutics's net change in cash has grown at a -75.8% compound annual growth rate (CAGR), from $576.82M to $33.76M.
What does net change in cash mean?
The total change in the company's cash balance over the period.
How do you interpret net change in cash?
A positive value indicates net cash generation, while a negative value indicates cash burn, which is a critical indicator of financial sustainability for pre-revenue companies.
How does net change in cash compare across companies?
Standard metric for all public companies; essential for assessing the 'cash runway' of clinical-stage biotechs.