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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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$551.06M-35.0%
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Roivant SciencesROIV
$2.87B+32.3%
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
$912M+0.6%
Johnson & Johnson logo
Johnson & JohnsonJNJ
$363M+18.2%
Gilead Sciences logo
Gilead SciencesGILD
$15M

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:ShortTermInvestments.

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 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?
Financial investments that are expected to be converted into cash within one year.
How do you interpret short-term investments?
An increase suggests efficient cash management of excess funds, while a decrease may indicate the liquidation of assets to fund operations.
How does short-term investments compare across companies?
Standard for companies with significant cash reserves seeking to generate yield on idle capital.