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

Summit Therapeutics (SMMT) Tax Provisions (2017 - 2020)

Summit Therapeutics' (SMMT) quarterly Tax Provisions came in at -$21000.0 in Q4 2020, up 99.09% YoY from -$10548.0 in Q1 2020, and up 62.5% on a QoQ basis from -$56000.0 in Q3 2020.

Analysis

Summit Therapeutics (SMMT) Tax Provisions (2017 - 2020) Analysis & Trends

Summit Therapeutics (SMMT) has 4 years of Tax Provisions data on file, last reported at -$21000.0 in Q4 2020.

  • Quarterly Tax Provisions rose 99.09% year-over-year to -$21000.0 in Q4 2020, while the trailing twelve-month figure through Sep 2021 was -$21000.0 (up 99.16% YoY) and the FY2020 annual result came in at -$213000.0, down 691.67% from the prior year.
  • Tax Provisions climbed to -$21000.0 in Q4 2020, from -$56000.0 in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $654347.7 in Q3 2018 to a low of -$2.3 million in Q4 2019.
  • A 4-year average of -$805820.3 and a median of -$990828.5 in 2019 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2018 — Tax Provisions soared 139.53% — and 2019, when it slumped 305.77%.
  • Tracing SMMT's Tax Provisions over 4 years: stood at -$1.9 million in 2017, then grew by 14.54% to -$1.7 million in 2018, then plunged by 39.31% to -$2.3 million in 2019, then soared by 99.09% to -$21000.0 in 2020.
  • The last three Tax Provisions figures came in at -$21000.0 (Q4 2020), -$56000.0 (Q3 2020), and -$191000.0 (Q2 2020), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 292.00 Mn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 230.90 Mn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn -59.00 Mn
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn 15.00 Mn
5 Revolution Medicines 44.33 Bn 44.33 Bn - -
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 75.45 Mn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 13.31 Mn
8 Royalty Pharma 28.45 Bn 27.61 Bn - -
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn 1.90 Mn
10 Summit Therapeutics 13.67 Bn 12.98 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2020 -21,000.00
Sep 30, 2020 -56,000.00
Jun 30, 2020 -191,000.00
Mar 31, 2020 55,000.00
Dec 31, 2019 -1.15 Mn
Oct 31, 2019 -899,800.43
Sep 30, 2019 111,000.00
Jul 31, 2019 -1.35 Mn
Mar 31, 2019 -1.08 Mn
Oct 31, 2018 -1.66 Mn
Jul 31, 2018 654,347.73
Apr 30, 2018 -1.33 Mn
Jan 31, 2018 265,490.64
Oct 31, 2017 -1.94 Mn
Jul 31, 2017 -1.66 Mn
Apr 30, 2017 -1.50 Mn