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Discontinued — last reported Q4 '24

Total Revenue at other companies

Merck & Co. logo
Merck & Co.MRK
$16.61B+5.1%
Immunome logo
ImmunomeIMNM
$0-100%
Arcus Biosciences logo
Arcus BiosciencesRCUS
$41M-74.4%
Nuvation Bio logo
Nuvation BioNUVB
$31.69M+556%
Incyte logo
IncyteINCY
$1.67B+37.7%
Gilead Sciences logo
Gilead SciencesGILD
$7.8B+10.2%

Other financials

Income statement

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Summit Therapeutics’s 10-K, filed February 24, 2025.

Filed
Feb 24, 2025
Fiscal year
FY2024
Accession
0001599298-25-000048
Line itemYear Ended December 31, 2024Year Ended December 31, 2023Year Ended December 31, 2022
Revenue$705
Operating expenses:
Research and development150,77759,47151,999
Acquired in-process research and development15,007520,915
General and administrative60,52730,26526,743
Impairment of intangible assets8,468
Total operating expenses226,311610,65187,210
Other operating income, net3131,00114,416

Item 16. Report Summary

FAQ

What is Summit Therapeutics's total revenue?
Summit Therapeutics (SMMT) reported total revenue of $0 in Q4 2024.
What is the long-term trend for Summit Therapeutics's total revenue?
Over 2 years (2021 to 2023), Summit Therapeutics's total revenue has grown at a -100.0% compound annual growth rate (CAGR), from $1.81M to $0.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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