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Summit Therapeutics SMMT Shares (Diluted)

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Net loss per share:
Basic and diluted$(0.24)$(0.09)
Weighted average common shares outstanding:
Basic and diluted775,458,141738,076,003
Other comprehensive income (loss):
Foreign currency translation adjustments84(145)
Unrealized loss on short-term investments(176)(133)
Comprehensive loss$(189,516)$(63,191)

Item 1. Financial Statements.

FAQ

What is Summit Therapeutics's shares (diluted)?
Summit Therapeutics (SMMT) reported shares (diluted) of 775.5M in Q1 2026.
How has Summit Therapeutics's shares (diluted) changed year-over-year?
Summit Therapeutics's shares (diluted) increased by 5.1% year-over-year, from 738.1M to 775.5M.
What is the long-term trend for Summit Therapeutics's shares (diluted)?
Over 4 years (2021 to 2025), Summit Therapeutics's shares (diluted) has grown at a 64.5% compound annual growth rate (CAGR), from 405.6M to 3B.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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