Summit Therapeutics Inc. Financial Summary

Quick Answer

Summit Therapeutics Inc. reported Total Revenue of $0.00 for fiscal year 2024.

Summit Therapeutics Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $0.00 $0.00
-100.0%
$705.0K
-61.0%
$1.81M
+110.3%
$860.0K
-98.5%
Revenue (ASC 606) $0.00 $0.00
-100.0%
$705.0K
-61.0%
$1.81M
+110.3%
$860.0K
-98.5%
Net Income -$1.08B
-387.8%
-$221.31M
+64.0%
-$614.93M
-680.5%
-$78.78M
+11.1%
-$88.60M
-68.1%
-$52.70M
-584.8%
Diluted EPS -$1.44
-364.5%
-$0.31
+68.7%
-$0.99
-141.5%
-$0.41
+38.8%
-$0.67
+11.8%
-$0.76
-220.6%
Total Assets $751.18M
+72.5%
$435.56M
+114.6%
$202.95M
-69.4%
$664.17M
+485.8%
$113.37M
+10.6%
$102.50M
+69.0%
Cash and Equivalents $225.27M
+114.8%
$104.86M
+46.8%
$71.42M
-79.5%
$348.61M
+385.6%
$71.79M
+8.1%
$66.42M
+4.0%
Stockholders Equity $658.86M
+69.5%
$388.75M
+400.4%
$77.69M
-38.7%
$126.65M
+52.1%
$83.28M
+4.8%
$79.45M
+38.0%
R&D Expense $59.47M
+14.4%
$52.00M
-39.1%
$85.35M
+60.2%
$53.27M
+2.4%
Operating Income -$226.00M
+62.9%
-$609.65M
-745.7%
-$72.09M
+16.4%
-$86.19M
-62.0%
-$53.19M
-1087.1%
Gross Profit
Shares Outstanding 775.37M
+5.1%
737.63M
+5.1%
701.66M
+232.4%
211.09M
+115.3%
98.04M
+45.8%
67.23M
+0.1%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2024 $0.00
Revenue (ASC 606) September 30, 2024 $0.00
Net Income September 30, 2025 -$231.79M -312.0% +59.0%
Diluted EPS September 30, 2025 -$0.31 -287.5% +59.2%
Total Assets September 30, 2025 $261.73M -48.0% -19.2%
Cash and Equivalents September 30, 2025 $238.55M +154.4% -19.9%
Stockholders Equity September 30, 2025 $192.26M -56.1% -25.9%
R&D Expense March 31, 2024 $30.87M +212.4% +101.5%
Operating Income September 30, 2024 -$58.38M -184.9% +2.1%
Shares Outstanding September 30, 2025 744.44M +1.0% +0.2%
  • Summit Therapeutics Inc. reported Total Revenue of $0.00 for fiscal year 2024.
  • Summit Therapeutics Inc. reported Revenue (ASC 606) of $0.00 for fiscal year 2024.
  • Summit Therapeutics Inc. reported Net Income of -$1.08 billion for fiscal year 2025.
  • Summit Therapeutics Inc. showed a decrease of -387.8% in Net Income compared to the prior fiscal year.
  • Summit Therapeutics Inc. reported Diluted EPS of $1.44 per share (loss) for fiscal year 2025.
  • Summit Therapeutics Inc. showed a decrease of -364.5% in Diluted EPS compared to the prior fiscal year.
  • Summit Therapeutics Inc. reported Total Assets of $751.18 million for fiscal year 2025.
  • Summit Therapeutics Inc. showed an increase of +72.5% in Total Assets compared to the prior fiscal year.
  • Summit Therapeutics Inc. reported Cash and Equivalents of $225.27 million for fiscal year 2025.
  • Summit Therapeutics Inc. showed an increase of +114.8% in Cash and Equivalents compared to the prior fiscal year.
  • Summit Therapeutics Inc. reported Stockholders Equity of $658.86 million for fiscal year 2025.
  • Summit Therapeutics Inc. showed an increase of +69.5% in Stockholders Equity compared to the prior fiscal year.
  • Summit Therapeutics Inc. reported R&D Expense of $59.47 million for fiscal year 2023.
  • Summit Therapeutics Inc. showed an increase of +14.4% in R&D Expense compared to the prior fiscal year.
  • Summit Therapeutics Inc. reported Operating Income of -$226.00 million for fiscal year 2024.
  • Summit Therapeutics Inc. showed an increase of +62.9% in Operating Income compared to the prior fiscal year.
  • Summit Therapeutics Inc. reported Gross Profit of -$25.33 million for fiscal year 2019.
  • Summit Therapeutics Inc. showed a decrease of -1047.7% in Gross Profit compared to the prior fiscal year.
  • Summit Therapeutics Inc. reported Shares Outstanding of 775.37 million shares for fiscal year 2025.
  • Summit Therapeutics Inc. showed an increase of +5.1% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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