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Summit Therapeutics (SMMT)
NASDAQ:SMMT
US Market
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Summit Therapeutics (SMMT) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Mar 12, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
-0.23
Last Year’s EPS
-0.08
Same Quarter Last Year
Moderate Buy
Based on 15 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Oct 20, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call highlighted strong clinical trial results and expansion plans with multiple Phase III trials, indicating significant progress and potential for ivonescimab in various cancer treatments. However, financial concerns and increased expenses were noted as challenges.
Company Guidance
During the Summit Therapeutics Q3 2025 Earnings and ESMO Data Update Call, significant guidance was provided regarding the company's clinical developments and financial status. The company announced the expansion of its Phase III clinical development programs, notably the global Phase III study in first-line colorectal cancer. The successful Phase III HARMONi-6 study was discussed, revealing a 4.24-month improvement in median progression-free survival for ivonescimab plus chemotherapy over tislelizumab plus chemotherapy in advanced squamous non-small cell lung cancer, with a hazard ratio of 0.60 and p-value <0.0001. The company intends to submit a Biologics License Application (BLA) for ivonescimab this quarter based on these results. Financially, Summit ended Q3 2025 with a cash position of $238.6 million, with non-GAAP operating expenses at $103.4 million, reflecting increased R&D expenses. The clinical trial expansion includes 14 Phase III trials across various solid tumors, emphasizing a strategic focus on lung, colorectal, breast, head and neck, biliary tract, and pancreatic cancers.
Positive Results from HARMONi-6 Study
The HARMONi-6 trial demonstrated a significant progression-free survival benefit for ivonescimab plus chemotherapy with a hazard ratio of 0.60 and a p-value of less than 0.0001. Median progression-free survival was 11.14 months compared to 6.90 months for the control arm, showing a difference of 4.24 months.
Expansion of Phase III Clinical Development Programs
Summit Therapeutics announced the expansion of their Phase III clinical development programs with the initiation of the global Phase III HARMONi-GI3 trial, evaluating ivonescimab in first-line unresectable colorectal cancer, expanding beyond lung cancer.
Upcoming BLA Submission for Ivonescimab
Summit plans to submit a Biologics License Application (BLA) for ivonescimab in Q4 2025 based on the results of the HARMONi study, aiming for approval in the United States.

Summit Therapeutics (SMMT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

SMMT Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Mar 12, 2026
2025 (Q4)
-0.23 / -
-0.08
Oct 20, 2025
2025 (Q3)
-0.17 / -0.31
-0.08-287.50% (-0.23)
Aug 11, 2025
2025 (Q2)
-0.09 / -0.76
-0.05-1420.00% (-0.71)
May 01, 2025
2025 (Q1)
-0.09 / -0.09
-0.06-50.00% (-0.03)
Feb 24, 2025
2024 (Q4)
-0.08 / -0.08
-0.05-60.00% (-0.03)
Oct 30, 2024
2024 (Q3)
-0.07 / -0.08
-0.03-166.67% (-0.05)
Aug 06, 2024
2024 (Q2)
-0.06 / -0.05
-0.021-138.10% (-0.03)
May 01, 2024
2024 (Q1)
-0.06 / -0.06
-1.4395.80% (+1.37)
Feb 20, 2024
2023 (Q4)
- / -0.05
-0.0728.57% (+0.02)
Nov 07, 2023
2023 (Q3)
- / -0.03
-0.1478.57% (+0.11)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

SMMT Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 20, 2025
$20.99$20.04-4.53%
Aug 11, 2025
$28.25$25.68-9.10%
May 01, 2025
$24.67$27.90+13.09%
Feb 24, 2025
$22.12$18.84-14.83%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Summit Therapeutics (SMMT) report earnings?
Summit Therapeutics (SMMT) is schdueled to report earning on Mar 12, 2026, After Close (Confirmed).
    What is Summit Therapeutics (SMMT) earnings time?
    Summit Therapeutics (SMMT) earnings time is at Mar 12, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is SMMT EPS forecast?
          SMMT EPS forecast for the fiscal quarter 2025 (Q4) is -0.23.
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