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Summit Therapeutics SMMT Business Segments — Other income, net

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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$10.79B-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:NonoperatingIncomeExpense.

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 itemThree Months Ended March 31, 20262025
Oncology clinical trial related costs$90,195$36,363
Compensation related costs, excluding stock-based compensation26,43215,854
Stock-based compensation72,79111,096
Other expenses (1)5,7943,538
Total segment expenses195,21266,851
Other income, net5,7883,938
Net loss$(189,424)$(62,913)

Item 1. Financial Statements.

FAQ

What is Summit Therapeutics's business segments — other income, net?
Summit Therapeutics (SMMT) reported business segments — other income, net of $5.79M in Q1 2026.
How has Summit Therapeutics's business segments — other income, net changed year-over-year?
Summit Therapeutics's business segments — other income, net increased by 47.0% year-over-year, from $3.94M to $5.79M.
What is the long-term trend for Summit Therapeutics's business segments — other income, net?
Over 3 years (2022 to 2025), Summit Therapeutics's business segments — other income, net has grown at a 86.4% compound annual growth rate (CAGR), from -$2.29M to $14.84M.
What does business segments — other income, net mean?
Includes non-operating income streams such as interest income, gains from asset sales, or other miscellaneous financial gains. This metric isolates income generated outside of the segment's core pharmaceutical development operations.

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