Summit Therapeutics Inc. financials

Key figures from Summit Therapeutics Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricSep 2024Sep 2023Change
Revenue$0$0—
Net income-$56M-$21M-164.5%
Free cash flow-$30M-$15M-103.0%
Gross margin———
Operating margin———
Net margin———

Quarterly trend

Revenue by quarter
$57,000Jun 2021$1MSep 2021$251,000Dec 2021*$250,000Mar 2022$235,000Jun 2022$220,000Sep 2022$0Dec 2022*$0Mar 2023$0Jun 2023$0Sep 2023$0Dec 2023*$0Sep 2024
Net income by quarter
-$24MJun 2021-$20MSep 2021-$27MDec 2021*-$21MMar 2022-$17MJun 2022-$21MSep 2022-$19MDec 2022*-$542MMar 2023-$15MJun 2023-$21MSep 2023-$37MDec 2023*-$56MSep 2024
Free cash flow by quarter
-$19MJun 2021-$24MSep 2021-$9MDec 2021*-$19MMar 2022-$20MJun 2022-$9MSep 2022$5MDec 2022*-$13MMar 2023-$29MJun 2023-$15MSep 2023-$19MDec 2023*-$30MSep 2024
Margins by quarter
-49037%-22162%4713%Jun 2021Sep 2021Dec 2021*Mar 2022Jun 2022Sep 2022Dec 2022*Mar 2023Jun 2023Sep 2023Dec 2023*Sep 2024-41631.6%-1488.6%-10377.3%-8863.2%-5400.9%-7700.0%-42835.1%-1497.2%-10796.4%-8558.8%-7136.6%-9720.5%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2024$0-$221M—-$142M-$0.31
FY Dec 2023$0-$615M—-$77M-$0.99
FY Dec 2022$705,000-$79M-11174.8%-$42M-$0.41
FY Dec 2021$2M-$89M-4897.8%-$73M-$0.67
FY Dec 2020$860,000-$53M-6127.6%-$49M-$0.76

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.