Summit Therapeutics (SMMT) Income towards Parent Company (2017 - 2024)

Summit Therapeutics' (SMMT) quarterly Income towards Parent Company came in at -$72.9 million in Q4 2024, down 86.46% YoY from -$538.6 million in Q1 2024, and down 19.87% on a QoQ basis from -$60.8 million in Q3 2024.

Summit Therapeutics (SMMT) Income towards Parent Company (2017 - 2024) Analysis & Trends

Summit Therapeutics (SMMT) has 8 years of Income towards Parent Company data on file, last reported at -$72.9 million in Q4 2024.

  • Quarterly Income towards Parent Company fell 86.46% year-over-year to -$72.9 million in Q4 2024, while the trailing twelve-month figure through Sep 2025 was -$72.9 million (up 64.97% YoY) and the FY2024 annual result came in at -$1.9 billion, down 209.59% from the prior year.
  • Income towards Parent Company retreated to -$72.9 million in Q4 2024, from -$60.8 million in the prior quarter.
  • In the past five years, Income towards Parent Company ranged from a high of -$6.3 million in Q1 2020 to a low of -$544.5 million in Q1 2023.
  • A 5-year average of -$54.3 million and a median of -$22.8 million in 2022 frame the typical range for Income towards Parent Company.
  • Annual changes were most pronounced in 2023 — Income towards Parent Company slumped 2324.91% — and 2024, when it surged 91.64%.
  • Tracing SMMT's Income towards Parent Company over 5 years: stood at -$13.5 million in 2020, then slumped by 100.13% to -$27.1 million in 2021, then grew by 14.38% to -$23.2 million in 2022, then tumbled by 68.54% to -$39.1 million in 2023, then tumbled by 86.46% to -$72.9 million in 2024.
  • The last three Income towards Parent Company figures came in at -$72.9 million (Q4 2024), -$60.8 million (Q3 2024), and -$62.7 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn
7 Royalty Pharma 33.72 Bn 35.84 Bn -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn
10 Summit Therapeutics 10.59 Bn 9.90 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2024 -72.92 Mn
Sep 30, 2024 -60.83 Mn
Jun 30, 2024 -62.72 Mn
Mar 31, 2024 -45.51 Mn
Dec 31, 2023 -39.11 Mn
Sep 30, 2023 -23.41 Mn
Jun 30, 2023 -19.28 Mn
Mar 31, 2023 -544.51 Mn
Dec 31, 2022 -23.20 Mn
Sep 30, 2022 -17.63 Mn
Jun 30, 2022 -13.35 Mn
Mar 31, 2022 -22.46 Mn
Dec 31, 2021 -27.10 Mn
Sep 30, 2021 -19.60 Mn
Jun 30, 2021 -24.42 Mn
Mar 31, 2021 -17.49 Mn
Dec 31, 2020 -13.54 Mn
Sep 30, 2020 -17.74 Mn
Jun 30, 2020 -15.28 Mn
Mar 31, 2020 -6.33 Mn