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Summit Therapeutics SMMT Operating Lease Liabilities (Current)

Operating Lease Liabilities (Current) at other companies

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$5.6M-6.6%
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$11.15M+13.3%
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$199M+15.7%
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$19M+26.7%
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$37.8M+24.8%
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InsmedINSM
$5.01M+42.9%

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:OperatingLeaseLiabilityCurrent.

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 operating lease liabilities (current)?
Summit Therapeutics (SMMT) reported operating lease liabilities (current) of $3.18M in Q1 2026.
How has Summit Therapeutics's operating lease liabilities (current) changed year-over-year?
Summit Therapeutics's operating lease liabilities (current) decreased by 10.3% year-over-year, from $3.54M to $3.18M.
What is the long-term trend for Summit Therapeutics's operating lease liabilities (current)?
Over 5 years (2020 to 2025), Summit Therapeutics's operating lease liabilities (current) has grown at a 54.1% compound annual growth rate (CAGR), from $390K to $3.39M.
What does operating lease liabilities (current) mean?
The portion of lease payments due within one year.
How do you interpret operating lease liabilities (current)?
An increase reflects expanding physical footprint or higher rental costs, while a decrease indicates lease expirations or reduced facility requirements.
How does operating lease liabilities (current) compare across companies?
Standardized under ASC 842; comparable across all companies with significant real estate or equipment leases.