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Summit Therapeutics SMMT Operating Lease Liabilities

Operating Lease Liabilities at other companies

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ExelixisEXEL
$169.54M-9.4%
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Roivant SciencesROIV
$96.29M+6.6%
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Jazz PharmaceuticalsJAZZ
$47.3M+22.0%
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BiogenBIIB
$273.4M-15.5%
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ModernaMRNA
$645M-3.3%
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InsmedINSM
$9.84M+16.0%

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:OperatingLeaseLiabilityNoncurrent.

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?
Summit Therapeutics (SMMT) reported operating lease liabilities of $16.86M in Q1 2026.
How has Summit Therapeutics's operating lease liabilities changed year-over-year?
Summit Therapeutics's operating lease liabilities increased by 479.9% year-over-year, from $2.91M to $16.86M.
What is the long-term trend for Summit Therapeutics's operating lease liabilities?
Over 5 years (2020 to 2025), Summit Therapeutics's operating lease liabilities has grown at a 197.6% compound annual growth rate (CAGR), from $75K to $17.5M.
What does operating lease liabilities mean?
The portion of lease payments due after more than one year.
How do you interpret operating lease liabilities?
High non-current lease liabilities indicate long-term commitments to physical infrastructure, which can be a sign of stability or a fixed cost burden.
How does operating lease liabilities compare across companies?
Reflects long-term operational strategy and facility footprint compared to industry peers.