Summit Therapeutics (SMMT) EBITDA (2019 - 2026)

Summit Therapeutics (SMMT) reported EBITDA of -$189.5 million for Q1 2026, down 199.91% on a YoY basis from $189.7 million in Q1 2025, and up 13.46% quarter-over-quarter from -$219.0 million in Q4 2025.

Summit Therapeutics (SMMT) EBITDA (2019 - 2026) Analysis & Trends

Summit Therapeutics has reported EBITDA for 8 years, with the latest figure at -$189.5 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 199.91% year-over-year to -$189.5 million; the trailing twelve-month figure through Mar 2026 stood at -$1.2 billion (down 400.96% YoY), and the FY2025 full-year result was -$1.1 billion, down 388.28% from the prior year.
  • EBITDA for Q1 2026 stood at -$189.5 million, up from -$219.0 million in the prior quarter.
  • The five-year high for EBITDA was -$15.8 million in Q2 2023, with the low at -$565.9 million in Q2 2025.
  • Historically, EBITDA has averaged -$128.5 million across 5 years, with a median of -$56.1 million in 2024.
  • Annual changes were most pronounced in 2023 — EBITDA plunged 2240.02% — and 2024, when it soared 91.98%.
  • Summit Therapeutics' EBITDA stood at -$17.9 million in 2022, then slumped by 104.93% to -$36.7 million in 2023, then tumbled by 66.74% to -$61.2 million in 2024, then slumped by 257.97% to -$219.0 million in 2025, then grew by 13.46% to -$189.5 million in 2026.
  • The last three EBITDA figures came in at -$189.5 million (Q1 2026), -$219.0 million (Q4 2025), and -$231.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Alterity Therapeutics 788,338.31 Bn 788,338.28 Bn - -
2 Belite Bio 56,560.00 Bn 56,560.00 Bn - -26.92 Mn
3 Quantum Biopharma 17,329.30 Bn 17,329.30 Bn - -13.63 Mn
4 Legend Biotech 3,341.00 Bn 3,340.71 Bn 242.10 Mn -19.70 Mn
5 Akari Therapeutics 1,727.91 Bn 1,727.91 Bn - -14.44 Mn
6 Evaxion A 1,536.68 Bn 1,536.67 Bn - -3.82 Mn
7 Psyence Biomedical 238.34 Bn 238.33 Bn - -752,618.00
8 Vertex Pharmaceuticals 113.42 Bn 106.17 Bn 2.59 Bn 1.14 Bn
9 Abivax 95.45 Bn 95.45 Bn - -65.83 Mn
10 Summit Therapeutics 11.10 Bn 10.99 Bn - -189.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -189.52 Mn
Dec 31, 2025 -219.00 Mn
Sep 30, 2025 -231.75 Mn
Jun 30, 2025 -565.90 Mn
Mar 31, 2025 -63.19 Mn
Dec 31, 2024 -61.18 Mn
Sep 30, 2024 -56.06 Mn
Jun 30, 2024 -60.34 Mn
Mar 31, 2024 -43.47 Mn
Dec 31, 2023 -36.69 Mn
Sep 30, 2023 -21.15 Mn
Jun 30, 2023 -15.76 Mn
Mar 31, 2023 -541.88 Mn
Dec 31, 2022 -17.91 Mn
Sep 30, 2022 -21.43 Mn
Jun 30, 2022 -15.98 Mn
Mar 31, 2022 -23.16 Mn
Dec 31, 2021 -25.85 Mn
Sep 30, 2021 -20.46 Mn
Jun 30, 2021 -23.88 Mn