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Where this comes from
Reported directly by Summit Therapeutics in its filing.
Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.
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 item | Three Months Ended March 31, 2026 | 2025 |
|---|---|---|
| Operating expenses: | ||
| Research and development (1) | $132,618 | $51,265 |
| General and administrative | 62,594 | 15,586 |
| Total operating expenses | 195,212 | 66,851 |
| Other income, net | 5,788 | 3,938 |
| Net loss | $(189,424) | $(62,913) |
| Net loss per share: | ||
| Basic and diluted | $(0.24) | $(0.09) |
Item 1. Financial Statements.
FAQ
- What is Summit Therapeutics's R&D?
- Summit Therapeutics (SMMT) reported R&D of $132.62M in Q1 2026.
- How has Summit Therapeutics's R&D changed year-over-year?
- Summit Therapeutics's R&D increased by 158.7% year-over-year, from $51.27M to $132.62M.
- What is the long-term trend for Summit Therapeutics's R&D?
- Over 4 years (2021 to 2025), Summit Therapeutics's R&D has grown at a 58.4% compound annual growth rate (CAGR), from $85.35M to $537.67M.
- What does R&D mean?
- Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.
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