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