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Summit Therapeutics SMMT Short-Term Investments

Short-Term Investments at other companies

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Merck & Co.MRK
$375M-37.4%
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Arcus BiosciencesRCUS
$552M-16.7%
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Nuvation BioNUVB
$402.35M+11.8%
Gilead Sciences logo
Gilead SciencesGILD
$0-100%
Exelixis logo
ExelixisEXEL
$557.94M-11.0%

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$10.79B-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:ShortTermInvestments.

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
Current assets:
Cash and cash equivalents$106,515$225,266
Restricted cash316316
Short-term investments492,216488,182
Prepaid expenses and other current assets17,5516,537
Total current assets616,598720,301
Non-current assets:
Property and equipment, net1,6641,059

Item 1. Financial Statements.

FAQ

What is Summit Therapeutics's short-term investments?
Summit Therapeutics (SMMT) reported short-term investments of $492.22M in Q1 2026.
How has Summit Therapeutics's short-term investments changed year-over-year?
Summit Therapeutics's short-term investments increased by 228.6% year-over-year, from $149.79M to $492.22M.
What does short-term investments mean?
Marketable securities and other investments with maturities between three months and one year, providing yield above cash while maintaining liquidity.

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