Summit Therapeutics (SMMT) Income towards Parent Company (2019 - 2024)

Summit Therapeutics (SMMT) reported Income towards Parent Company of -$65.6 million for Q4 2024, down 81.23% on a YoY basis from -$349.6 million in Q1 2024, and down 7.88% quarter-over-quarter from -$60.8 million in Q3 2024.

Summit Therapeutics (SMMT) Income towards Parent Company (2019 - 2024) Analysis & Trends

Summit Therapeutics has reported Income towards Parent Company for 6 years, with the latest figure at -$65.6 million in Q4 2024.

  • For the quarter ending Q4 2024, Income towards Parent Company fell 81.23% year-over-year to -$65.6 million; the trailing twelve-month figure through Sep 2025 stood at -$65.6 million (up 68.03% YoY), and the FY2024 full-year result was -$234.7 million, up 61.84% from the prior year.
  • Income towards Parent Company for Q4 2024 stood at -$65.6 million, down from -$60.8 million in the prior quarter.
  • The five-year high for Income towards Parent Company was -$6.1 million in Q1 2020, with the low at -$537.2 million in Q1 2023.
  • Historically, Income towards Parent Company has averaged -$52.9 million across 5 years, with a median of -$20.4 million in 2022.
  • Annual changes were most pronounced in 2023 — Income towards Parent Company slumped 2324.2% — and 2024, when it surged 91.53%.
  • Summit Therapeutics' Income towards Parent Company stood at -$13.5 million in 2020, then slumped by 100.13% to -$27.1 million in 2021, then climbed by 25.09% to -$20.3 million in 2022, then plunged by 78.38% to -$36.2 million in 2023, then tumbled by 81.23% to -$65.6 million in 2024.
  • The last three Income towards Parent Company figures came in at -$65.6 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 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn -
2 Belite Bio 55,096.00 Bn 55,096.00 Bn -
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn -
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn -
6 Evaxion A 1,551.28 Bn 1,551.26 Bn -
7 Psyence Biomedical 227.32 Bn 227.31 Bn -
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn
9 Abivax 91.71 Bn 91.71 Bn -
10 Summit Therapeutics 10.09 Bn 9.99 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2024 -65.62 Mn
Sep 30, 2024 -60.83 Mn
Jun 30, 2024 -62.72 Mn
Mar 31, 2024 -45.51 Mn
Dec 31, 2023 -36.21 Mn
Sep 30, 2023 -20.49 Mn
Jun 30, 2023 -15.79 Mn
Mar 31, 2023 -537.15 Mn
Dec 31, 2022 -20.30 Mn
Sep 30, 2022 -16.94 Mn
Jun 30, 2022 -12.69 Mn
Mar 31, 2022 -22.16 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 -6.13 Mn