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Summit Therapeutics SMMT Operating Lease ROU Assets

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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:OperatingLeaseRightOfUseAsset.

The source filing: Summit Therapeutics’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001599298-26-000039
Line itemMarch 31, 2026December 31, 2025
Total current assets616,598720,301
Non-current assets:
Property and equipment, net1,6641,059
Operating lease right-of-use assets19,39820,616
Goodwill1,9652,001
Other assets8,2317,205
Total assets$647,856$751,182
Liabilities and stockholders' equity

Item 1. Financial Statements.

FAQ

What is Summit Therapeutics's operating lease ROU assets?
Summit Therapeutics (SMMT) reported operating lease ROU assets of $19.4M in Q1 2026.
How has Summit Therapeutics's operating lease ROU assets changed year-over-year?
Summit Therapeutics's operating lease ROU assets increased by 205.4% year-over-year, from $6.35M to $19.4M.
What is the long-term trend for Summit Therapeutics's operating lease ROU assets?
Over 5 years (2020 to 2025), Summit Therapeutics's operating lease ROU assets has grown at a 106.1% compound annual growth rate (CAGR), from $554K to $20.62M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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