Summit Therapeutics SMMT
NASDAQ SMMT
$17.60 +0.48 (+2.77%)
As of: Sep 4, 2026 · 3:59 PM EDT

Summit Therapeutics (SMMT) Operating Income (2017 - 2024)

Summit Therapeutics' (SMMT) quarterly Operating Income came in at -$65.6 million in Q4 2024, down 81.2% YoY from -$349.1 million in Q1 2024, and down 12.4% on a QoQ basis from -$58.4 million in Q3 2024.

Analysis

Summit Therapeutics (SMMT) Operating Income (2017 - 2024) Analysis & Trends

Summit Therapeutics (SMMT) has 8 years of Operating Income data on file, last reported at -$65.6 million in Q4 2024.

  • Quarterly Operating Income fell 81.2% year-over-year to -$65.6 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was -$226.0 million (up 62.93% YoY) and the FY2024 annual result came in at -$226.0 million, up 62.93% from the prior year.
  • Operating Income retreated to -$65.6 million in Q4 2024, from -$58.4 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of -$9.3 million in Q1 2020 to a low of -$537.2 million in Q1 2023.
  • A 5-year average of -$52.4 million and a median of -$20.4 million in 2022 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2023 — Operating Income slumped 2324.2% — and 2024, when it jumped 92.11%.
  • Tracing SMMT's Operating Income over 5 years: stood at -$11.6 million in 2020, then plunged by 125.4% to -$26.0 million in 2021, then advanced by 22.07% to -$20.3 million in 2022, then plunged by 78.38% to -$36.2 million in 2023, then tumbled by 81.2% to -$65.6 million in 2024.
  • The last three Operating Income figures came in at -$65.6 million (Q4 2024), -$58.4 million (Q3 2024), and -$59.6 million (Q2 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn 493.00 Mn
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn -815.00 Mn
5 Revolution Medicines 44.33 Bn 44.33 Bn - -505.13 Mn
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 325.05 Mn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 231.44 Mn
8 Royalty Pharma 28.45 Bn 27.61 Bn - 133.12 Mn
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn -1.55 Mn
10 Summit Therapeutics 13.67 Bn 12.98 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 -65.61 Mn
Sep 30, 2024 -58.38 Mn
Jun 30, 2024 -59.62 Mn
Mar 31, 2024 -42.39 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 -26.05 Mn
Sep 30, 2021 -19.49 Mn
Jun 30, 2021 -23.73 Mn
Mar 31, 2021 -16.92 Mn
Dec 31, 2020 -11.56 Mn
Sep 30, 2020 -16.94 Mn
Jun 30, 2020 -15.36 Mn
Mar 31, 2020 -9.34 Mn