Summit Therapeutics (SMMT) Net Income towards Common Stockholders (2019 - 2024)
Summit Therapeutics (SMMT) reported Net Income towards Common Stockholders 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) Net Income towards Common Stockholders (2019 - 2024) Analysis & Trends
Summit Therapeutics has reported Net Income towards Common Stockholders for 6 years, with the latest figure at -$65.6 million in Q4 2024.
- For the quarter ending Q4 2024, Net Income towards Common Stockholders 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.
- Net Income towards Common Stockholders for Q4 2024 stood at -$65.6 million, down from -$60.8 million in the prior quarter.
- The five-year high for Net Income towards Common Stockholders was -$6.1 million in Q1 2020, with the low at -$537.2 million in Q1 2023.
- Historically, Net Income towards Common Stockholders has averaged -$52.9 million across 5 years, with a median of -$20.4 million in 2022.
- Annual changes were most pronounced in 2023 — Net Income towards Common Stockholders slumped 2324.2% — and 2024, when it surged 91.53%.
- Summit Therapeutics' Net Income towards Common Stockholders 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 Net Income towards Common Stockholders 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) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | - |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | -26.94 Mn |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | -13.56 Mn |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | 2.50 Mn |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | -14.46 Mn |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | -3.63 Mn |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | -1.50 Mn |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | 1.03 Bn |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | -56.48 Mn |
| 10 | Summit Therapeutics | 10.09 Bn | 9.99 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |