Summit Therapeutics (SMMT) Free Cash Flow (2017 - 2026)

Summit Therapeutics (SMMT) posted quarterly Free Cash Flow of -$141.3 million for Q2 2026, down 104.85% year-on-year from $2.9 billion in Q2 2025, and down 14.62% on a QoQ basis from -$123.3 million in Q1 2026.

Summit Therapeutics (SMMT) Free Cash Flow (2017 - 2026) Analysis & Trends

Summit Therapeutics (SMMT) has reported Free Cash Flow for 10 consecutive years, with -$141.3 million the latest figure, recorded in Q2 2026.

  • Quarterly Free Cash Flow fell 104.85% year-over-year to -$141.3 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$456.7 million (down 114.26% YoY) and the FY2025 annual result came in at -$323.6 million, down 127.49% from the prior year.
  • Free Cash Flow retreated to -$141.3 million in Q2 2026 per SMMT's latest filing, from -$123.3 million in the prior quarter.
  • Over the last five years, Free Cash Flow for SMMT reached as high as $5.2 million in Q4 2022 and fell as low as -$141.3 million in Q2 2026.
  • A 5-year average of -$47.2 million and a median of -$29.8 million in 2023 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2022 — Free Cash Flow surged 155.93% — and 2023, when it sank 474.18%.
  • Year by year, Free Cash Flow stood at $5.2 million in 2022, then plunged by 474.18% to -$19.5 million in 2023, then tumbled by 163.44% to -$51.3 million in 2024, then sank by 91.28% to -$98.1 million in 2025, then tumbled by 44.13% to -$141.3 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$141.3 million, -$123.3 million, and -$98.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -19.58 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 158.09 Mn
4 NuCana 279.75 Bn 279.75 Bn - -1.53 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.29 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 848.30 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -354.95 Mn
10 Summit Therapeutics 11.62 Bn 11.03 Bn - -141.34 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -141.34 Mn
Jun 30, 2026 -141.34 Mn
Mar 31, 2026 -123.32 Mn
Mar 31, 2026 -123.32 Mn
Dec 31, 2025 -98.07 Mn
Dec 31, 2025 -98.07 Mn
Sep 30, 2025 -93.94 Mn
Sep 30, 2025 -93.94 Mn
Jun 30, 2025 -69.00 Mn
Jun 30, 2025 -69.00 Mn
Mar 31, 2025 -62.59 Mn
Mar 31, 2025 -62.59 Mn
Dec 31, 2024 -51.27 Mn
Dec 31, 2024 -51.27 Mn
Sep 30, 2024 -30.28 Mn
Sep 30, 2024 -30.28 Mn
Jun 30, 2024 -33.01 Mn
Jun 30, 2024 -33.01 Mn
Mar 31, 2024 -27.69 Mn
Mar 31, 2024 -27.69 Mn