Summit Therapeutics SMMT Net Income
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Where this comes from
Reported directly by Summit Therapeutics in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
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 income?
- Summit Therapeutics (SMMT) reported net income of -$189.42M in Q1 2026.
- How has Summit Therapeutics's net income changed year-over-year?
- Summit Therapeutics's net income decreased by 201.1% year-over-year, from -$62.91M to -$189.42M.
- What is the long-term trend for Summit Therapeutics's net income?
- Over 4 years (2021 to 2025), Summit Therapeutics's net income has grown at a 86.8% compound annual growth rate (CAGR), from -$88.6M to -$1.08B.
- What does net income mean?
- The total profit or loss remaining after all expenses are paid.
- How do you interpret net income?
- An increase signals improved profitability or reduced losses, while a decrease indicates declining performance or higher costs.
- How does net income compare across companies?
- Standard metric for cross-company performance; early-stage biotechs often report net losses.