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Summit Therapeutics SMMT Unrealized Losses on Investments (Before Tax)

Unrealized Losses on Investments (Before Tax) at other companies

Merck & Co. logo
Merck & Co.MRK
$0
Arcus Biosciences logo
Arcus BiosciencesRCUS
$1M
Nuvation Bio logo
Nuvation BioNUVB
$21K-96.3%
Gilead Sciences logo
Gilead SciencesGILD
$1M
Exelixis logo
ExelixisEXEL
$3.06M+349%

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$11.86B-43.5%
Enterprise value$11.87B-43.4%

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:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax.

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 itemFair Value Hierarchy LevelMarch 31, 2026 / Amortized CostMarch 31, 2026 / Unrealized GainMarch 31, 2026 / Unrealized (Loss)March 31, 2026 / Credit (Loss)March 31, 2026 / Fair Value
Financial assets included within cash and cash equivalents:
Money market fundsLevel 1$98,277$98,277
Financial assets included within short-term investments:
Certificate of depositLevel 225,00025,000
U.S. Government treasury billsLevel 2467,220(4)467,216
Total$590,497$(4)$590,493

Item 1. Financial Statements.

FAQ

What is Summit Therapeutics's unrealized losses on investments (before tax)?
Summit Therapeutics (SMMT) reported unrealized losses on investments (before tax) of $4K in Q1 2026.
How has Summit Therapeutics's unrealized losses on investments (before tax) changed year-over-year?
Summit Therapeutics's unrealized losses on investments (before tax) decreased by 87.9% year-over-year, from $33K to $4K.

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