SMMT — Summit Therapeutics Inc.

Nasdaq · Health Care · Pharmaceuticals · CIK 1599298 ·
Last close
$14.29
Market Cap
$11.09B
52W High
$29.23
52W Low
$13.81
ADV30
5,386,978
Next earnings
2026-04-30
Summit Therapeutics Inc., a biopharmaceutical company, focuses on discovery, development, and commercialization of patient, physician, caregiver, and societal friendly medicinal therapies. Its lead development candidate is ivonescimab, a bispecific antibody for immunotherapy through blockade of PD-1 with the anti-angiogenesis for the treatment of non-small lung cancer (NSCLC) and colorectal cancer (CRC). The company has also combined ivonescimab with chemotherapy, which is in phase III clinical trial for the patients with epidermal growth factor receptor, mutated, and locally advanced or metastatic non-squamous NSCLC; first-line metastatic NSCLC; and first-line unresectable metastatic CRC. It markets its products in the United states, Canada, Europe, Japan, Latin America, Middle East, and Africa. The company was founded in 2003 and is headquartered in Miami, Florida.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 0 -195,212,000 -189,424,000 647,856,000 106,515,000 101,924,000
Dec 2025 0 -224,875,000 -219,172,000 751,182,000 225,266,000 92,322,000
Sep 2025 0 -234,211,000 -231,793,000 261,729,000 238,554,000 69,466,000
Jun 2025 0 -568,437,000 -565,708,000 324,037,000 297,872,000 64,598,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-384,053,000
Investing CF
$-334,658,000
Financing CF
$613,653,000
CapEx
$-902,000
Dividends Paid
Buybacks
EPS Diluted TTM
$-1.60
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-2,483,583,000
Inventory
Receivables
ST Investments
$492,216,000
EBIT TTM
$-1,211,835,000
Pretax Income TTM
$-1,206,047,000
Interest Exp TTM
$0
Analysts
14

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 0 -1,094,374,000 -1,079,586,000 751,182,000 92,322,000 -322,930,000
Dec 2024 0 -210,977,000 -221,315,000 435,560,000 46,812,000 -142,106,000
Dec 2023 0 -88,735,000 -614,928,000 202,949,000 125,257,000 -76,760,000
Dec 2022 705,000 -63,621,000 -78,782,000 664,168,000 537,514,000 -41,582,000

TTM Snapshot

Revenues TTM
$1,529,000
NetIncome TTM
$-118,506,000
OpCashFlow TTM
$0
Assets (Latest)
$435,560,000
Forward EPS
$-1.17

Max Pain — expiry 2027-01-15 (volume-derived — Yahoo OI feed degraded)

max pain strike: $15.00 · spot: $14.29 · call volume: 145 · put volume: 1,866
Expected Move to 2027-01-15: ±$9.55 (66.83%) — implied range $4.74$23.84 · ATM straddle on $14.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
RDY DR REDDYS LABORATORIES LTD $11.13B $13.37
MDGL MADRIGAL PHARMACEUTICALS, INC. $11.00B $476.89
BMRN BIOMARIN PHARMACEUTICAL INC $11.19B $57.91
ARWR ARROWHEAD PHARMACEUTICALS, INC. $10.33B $73.33
ELAN Elanco Animal Health Inc $12.24B $24.50

News headlines (Yahoo Finance, 1h cache)

Summit Therapeutics Announces Proposed Public Offering of Common Stock
2026-06-09 20:47 · Yahoo
Mizuho Strategist: Healthcare Is Now a Value Sector as Pharma Stocks Underperform Tech
2026-06-07 13:30 · Yahoo
Summit Therapeutics COO, CFO & Director Acquires 1.6% More Stock
2026-06-07 12:59 · Yahoo
Summit Therapeutics (SMMT) Reveals Phase II AK112-206 Trial Data
2026-06-05 16:36 · Yahoo
Summit Therapeutics to Participate in the 47th Annual Goldman Sachs Global Healthcare Conference
2026-06-04 20:30 · Yahoo
All You Need to Know About Summit Therapeutics (SMMT) Rating Upgrade to Buy
2026-06-04 16:00 · Yahoo
Summit (SMMT) Reports Positive Phase III Overall Survival Data for Ivonescimab in Advanced NSCLC
2026-06-04 09:05 · Yahoo
Pharma is betting big on PD-1/VEGF bispecifics. But are companies chasing the wrong target?
2026-06-04 08:55 · Yahoo
Assessing Summit Therapeutics (SMMT) Valuation After A Mixed Share Price And Long Term Return Profile
2026-06-04 02:13 · Yahoo
ASCO26: Bispecific antibody and RET fusion-targeting assets garner attention in NSCLC
2026-06-03 00:44 · Yahoo

Recent Insider Activity

FiledTradeInsiderTitleType PriceQtyValue
2026-06-04 17:45:03 2026-06-04 Zanganeh Mahkam Co-CEO, 10% P - Purchase 14.6 100000 1460000
2026-06-04 18:08:26 2026-06-04 Duggan Robert W Co-CEO, 10% P - Purchase 14.6 100000 1460000
2026-06-04 16:40:51 2026-06-04 Soni Manmeet Singh COO, CFO P - Purchase 14.45 50000 722250