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| Date | Value |
|---|---|
| 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 |