Summit Therapeutics (SMMT) Profit After Tax (2019 - 2026)

Summit Therapeutics (SMMT) reported Profit After Tax of -$189.4 million for Q1 2026, down 201.09% on a YoY basis from $187.4 million in Q1 2025, and up 13.57% quarter-over-quarter from -$219.2 million in Q4 2025.

Summit Therapeutics (SMMT) Profit After Tax (2019 - 2026) Analysis & Trends

Summit Therapeutics has reported Profit After Tax for 8 years, with the latest figure at -$189.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Profit After Tax fell 201.09% year-over-year to -$189.4 million; the trailing twelve-month figure through Mar 2026 stood at -$1.2 billion (down 400.96% YoY), and the FY2025 full-year result was -$1.1 billion, down 387.81% from the prior year.
  • Profit After Tax for Q1 2026 stood at -$189.4 million, up from -$219.2 million in the prior quarter.
  • The five-year high for Profit After Tax was -$14.7 million in Q2 2023, with the low at -$565.7 million in Q2 2025.
  • Historically, Profit After Tax has averaged -$128.5 million across 5 years, with a median of -$56.3 million in 2024.
  • Annual changes were most pronounced in 2023 — Profit After Tax tumbled 2434.82% — and 2024, when it soared 91.98%.
  • Summit Therapeutics' Profit After Tax stood at -$19.2 million in 2022, then sank by 90.17% to -$36.6 million in 2023, then tumbled by 67.37% to -$61.2 million in 2024, then tumbled by 258.11% to -$219.2 million in 2025, then increased by 13.57% to -$189.4 million in 2026.
  • The last three Profit After Tax figures came in at -$189.4 million (Q1 2026), -$219.2 million (Q4 2025), and -$231.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (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 - -2.97 Mn
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn 30.90 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 - -753,254.00
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 1.03 Bn
9 Abivax 91.71 Bn 91.71 Bn - -56.74 Mn
10 Summit Therapeutics 10.09 Bn 9.99 Bn - -189.42 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -189.42 Mn
Dec 31, 2025 -219.17 Mn
Sep 30, 2025 -231.79 Mn
Jun 30, 2025 -565.71 Mn
Mar 31, 2025 -62.91 Mn
Dec 31, 2024 -61.20 Mn
Sep 30, 2024 -56.25 Mn
Jun 30, 2024 -60.39 Mn
Mar 31, 2024 -43.47 Mn
Dec 31, 2023 -36.57 Mn
Sep 30, 2023 -21.27 Mn
Jun 30, 2023 -14.72 Mn
Mar 31, 2023 -542.38 Mn
Dec 31, 2022 -19.23 Mn
Sep 30, 2022 -21.39 Mn
Jun 30, 2022 -16.77 Mn
Mar 31, 2022 -21.40 Mn
Dec 31, 2021 -27.10 Mn
Sep 30, 2021 -19.60 Mn
Jun 30, 2021 -24.42 Mn