SMMT

Summit Therapeutics Inc.
—

Company Information

Company Name
Summit Therapeutics Inc.
CIK
CIK0001599298
Category
Large accelerated filer
Ticker: Exchange
SMMT: Nasdaq
Fiscal Year End
December 31
Owner Organization
03 Life Sciences
SIC
2834
SIC Description
Pharmaceutical Preparations
Ticker
SMMT

SEC filing data through

Insider Sentiment

Last purchase
2026-06-12
Last sale
—
Shares purchased (TTM)
8,466,977
Shares sold (TTM)
0
Buy ratio (TTM)100.0%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
132,529,164
Shares outstanding
778,184,568
Ownership
17.03%
+4.54% Y/Y

Earnings Market Reaction

Filing date
2026-07-23
Price on filing date
—
1-month reaction
…
3-month reaction
…
Drift continued8/11 (73%)
Faded / reversed3/11 (27%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Assets Current
Cash And Cash Equivalents At Carrying Value4191072252392982121059428617124
Restricted Cash Current000000000000
Accounts Receivable Net Current----------00
Short Term Investments2714924880015030739329795115175
Prepaid Expense And Other Assets Current301878119112253-
Prepaid Expense Current----------25
Assets Current721617720246309371424490329163190205
Other Assets Current----------00
Assets Noncurrent
Property Plant And Equipment Net221111000000
Operating Lease Right Of Use Asset191921566789966
Goodwill222222222222
Other Assets Noncurrent887774322244
Assets752648751262324384436503342177203218
Liabilities Current
Accounts Payable Current23282022235533633
Accrued Liabilities Current654432272621201812794
Employee Related Liabilities Current971511741285654
Operating Lease Liability Current433334444433
Other Liabilities Current312211211110
Notes Payable Current-------25100-0100
Liabilities Current104837365603542591402320114
Liabilities Noncurrent
Operating Lease Liability Noncurrent171718323345634
Other Liabilities Noncurrent222222222321
Liabilities122102926965394765147133125119
Stockholders Equity
Long Term Notes Payable------0001001000
Preferred Stock Value000000000000
Common Stock Value888777777777
Additional Paid In Capital3,3243,0242,9482,2632,0981,6171,5981,5861,2871,0761,0661,051
Accumulated Other Comprehensive Income Loss Net Of Tax-3-3-3-3-3-3-2-2-2-2-2-2
Retained Earnings Accumulated Deficit-2,699-2,484-2,294-2,075-1,843-1,277-1,215-1,153-1,097-1,037-993-957
Stockholders Equity630546659192259344389438195447899
Liabilities And Stockholders Equity752648751262324384436503342177203218
Preferred Stock Par Or Stated Value Per Share0.010.010.010.010.010.010.010.010.010.010.010.01
Preferred Stock Shares Authorized202020202020202020202020
Preferred Stock Shares Issued000000000000
Preferred Stock Shares Outstanding000000000000
Common Stock Par Or Stated Value Per Share0.010.010.010.010.010.010.010.010.010.010.010.01
Common Stock Shares Authorized1,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000
Common Stock Shares Issued793776775744743742738737724702702698
Shares Outstanding793776775744743742738737724702702698

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Summit Therapeutics Inc. (SMMT) — SEC Financial Statements & Analysis

Summit Therapeutics Inc. (SMMT) is a pharmaceutical preparations company. Summit Therapeutics Inc. trades on Nasdaq as: SMMT. Summit Therapeutics Inc. (SMMT)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-23. Based on that filing, Summit Therapeutics Inc. carries a market cap of $11.34B, a P/E ratio of -13.24x, a P/B ratio of 18.00x, an enterprise value of $10.92B, and an EV/EBITDA multiple of -12.76x. On profitability, it posts a Return on Equity (ROE) of -192.50%, a Return on Assets (ROA) of -159.09%, and a Return on Invested Capital (ROIC) of -996.22%. Per share, it reports EPS of $-1.10, diluted EPS of $-1.10, free cash flow per share of $-0.59, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of -100.00% year-over-year, net income growth of 14.75% year-over-year, and EPS growth of 9.50% year-over-year. On the balance sheet, it maintains a current ratio of 6.96x, a quick ratio of 6.67x, working capital of $617.01M, a debt-to-equity ratio of 0.19x, a debt ratio of 0.16, an interest coverage ratio of -102892.00x, free cash flow of $-459.82M (TTM), and net debt of $-419.68M. Figures sourced from SEC EDGAR.

Market Cap
$11.34B
P/E TTM
-13.24x
EPS TTM
$-1.10
P/B TTM
18.00x
ROE TTM
-192.50%
ROA TTM
-159.09%
Debt To Equity
0.19x
Free Cash Flow TTM
$-459.82M
Net Revenue TTM Growth 1Y
-100.00%

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Summit Therapeutics Inc. in?

Summit Therapeutics Inc. (SMMT) operates in the Pharmaceutical Preparations industry.

What exchange does SMMT trade on?

Summit Therapeutics Inc. (SMMT) trades on the Nasdaq.

When was Summit Therapeutics Inc. (SMMT)'s most recent SEC filing?

Summit Therapeutics Inc. (SMMT)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-23.

What is SMMT's market cap?

Summit Therapeutics Inc. (SMMT) has a market capitalization of $11.34B as of 2026-06-30.

What is SMMT's EPS (earnings per share)?

Summit Therapeutics Inc. (SMMT)'s trailing twelve month EPS is $-1.10 as of 2026-06-30.

What is SMMT's ROE (return on equity)?

Summit Therapeutics Inc. (SMMT)'s trailing twelve month Return on Equity (ROE) is -192.50% as of 2026-06-30.

What is SMMT's ROA (return on assets)?

Summit Therapeutics Inc. (SMMT)'s trailing twelve month Return on Assets (ROA) is -159.09% as of 2026-06-30.

What is SMMT's ROIC (return on invested capital)?

Summit Therapeutics Inc. (SMMT)'s trailing twelve month Return on Invested Capital (ROIC) is -996.22% as of 2026-06-30.

What is SMMT's EV/EBITDA?

Summit Therapeutics Inc. (SMMT)'s trailing twelve month EV/EBITDA is -12.76x as of 2026-06-30.

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