PRAXIS PRECISION MEDICINES, INC. financials
Source: EDGAR filings · Built 2026-06-02T03:51:40Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -249.12M | -131.76M | -111.19M | -185.49M | -125.60M | -52.62M |
| EBITDA | -326.06M | -199.81M | -125.94M | -214.57M | -167.15M | -61.92M |
| Working Capital | 551.14M | 366.82M | 69.13M | 76.50M | 248.97M | 286.61M |
| Net Debt | -357.22M | -214.00M | -78.81M | -58.12M | -134.39M | -295.85M |
| Operating Margin | — | -2340.29% | -5164.41% | — | — | — |
| Net Margin | — | -2137.48% | -5037.88% | — | — | — |
| Return on Equity (ROE) | -34.54% | -41.04% | -176.95% | -281.22% | -66.61% | -21.51% |
| Return on Assets (ROA) | -32.33% | -37.84% | -140.17% | -185.91% | -57.07% | -20.39% |
| Current Ratio | 10.22× | 10.77× | 5.39× | 3.23× | 7.48× | 19.23× |
| Debt-to-Equity | 0.00× | 0.00× | 0.04× | 0.05× | 0.02× | 0.00× |
| Effective Tax Rate | -0.16% | — | — | — | 0.00% | 0.01% |
| Cash Conversion Ratio | 0.82× | 0.72× | 0.90× | 0.86× | 0.75× | 0.85× |
| Accruals Ratio | -0.06× | -0.11× | -0.14× | -0.25× | -0.15× | -0.03× |
| SBC % of Revenue | — | 483.57% | 1015.82% | — | — | — |
| CapEx Coverage | -4447.64× | — | -2222.72× | -416.76× | -118.62× | — |
| Free Cash Flow Per Share | $-11.07 | $-7.36 | $-16.86 | $-60.36 | $-2.96 | $-5.88 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 0 | 8.55M | 2.45M | 0 | — | — |
| Research and Development Expense | 267.12M | 152.41M | 86.77M | 155.04M | 120.26M | 44.98M |
| Operating Expenses | 326.20M | 208.72M | 128.82M | 214.99M | 167.33M | 61.97M |
| Operating Income (Loss) | -326.20M | -200.16M | -126.37M | -214.99M | -167.33M | -61.97M |
| Income Tax Expense (Benefit) | 471.00K | — | — | — | 0 | -8.00K |
| Net Income (Loss) Attributable to Parent | -303.27M | -182.82M | -123.28M | -214.03M | -167.06M | -61.82M |
| Earnings Per Share, Basic | $-13.48 | $-10.21 | $-18.69 | $-69.65 | $-3.94 | $-7.86 |
| Weighted Average Number of Shares Outstanding, Basic | 22.50M | 17.91M | 6.59M | 3.07M | 42.45M | 8.95M |
| Earnings Per Share, Diluted | $-13.48 | $-10.21 | $-18.69 | $-69.65 | $-3.94 | $-7.86 |
| Weighted Average Number of Shares Outstanding, Diluted | 22.50M | 17.91M | 6.59M | 3.07M | 42.45M | 8.95M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 357.33M | 215.37M | 81.30M | 61.62M | 138.70M | 296.61M |
| Assets, Current | 610.91M | 404.37M | 84.88M | 110.84M | 287.41M | 302.33M |
| Assets | 937.91M | 483.11M | 87.95M | 115.13M | 292.75M | 303.18M |
| Liabilities, Current | 59.77M | 37.55M | 15.75M | 34.34M | 38.43M | 15.72M |
| Liabilities | 59.77M | 37.66M | 18.28M | 39.02M | 41.94M | 15.72M |
| Stockholders' Equity Attributable to Parent | 878.14M | 445.45M | 69.67M | 76.11M | 250.81M | 287.46M |
| Common Stock, Shares, Outstanding | 25.20M | 19.42M | 8.79M | 3.29M | 45.30M | 38.27M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -249.07M | -131.76M | -111.14M | -185.04M | -124.55M | -52.62M |
| Payments to Acquire Property, Plant, and Equipment | 56.00K | 0 | 50.00K | 444.00K | 1.05M | 0 |
| Net Cash Provided by (Used in) Investing Activities | -311.15M | -248.49M | 38.95M | 96.89M | -140.52M | 0 |
| Net Cash Provided by (Used in) Financing Activities | 702.17M | 514.32M | 91.87M | 10.46M | 107.59M | 304.42M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -86.21M | -76.33M | -172.80M | -107.74M | -53.01M | -56.12M |
| EBITDA | -105.82M | -97.02M | — | — | -74.68M | -63.91M |
| Working Capital | 747.53M | 551.14M | 220.96M | 257.97M | 294.05M | 366.82M |
| Net Debt | -534.90M | -357.22M | -149.09M | -156.66M | -164.50M | -214.00M |
| Operating Margin | — | — | — | — | — | -856.97% |
| Net Margin | — | — | — | — | — | -786.27% |
| Return on Equity (ROE) | -6.56% | -10.13% | -21.52% | -17.60% | -15.78% | -13.17% |
| Return on Assets (ROA) | -6.34% | -9.48% | -18.65% | -15.71% | -14.47% | -12.15% |
| Current Ratio | 15.88× | 10.22× | 5.18× | 6.31× | 8.44× | 10.77× |
| Debt-to-Equity | 0.00× | 0.00× | 0.00× | 0.00× | 0.00× | 0.00× |
| Cash Conversion Ratio | 0.93× | 0.86× | 2.34× | 1.51× | 0.77× | 0.96× |
| Accruals Ratio | -0.00× | -0.01× | 0.25× | 0.08× | -0.03× | -0.01× |
| SBC % of Revenue | — | — | — | — | — | 114.90% |
| CapEx Coverage | -1389.55× | — | -3084.70× | -1922.96× | — | — |
| Free Cash Flow Per Share | $-2.98 | $-3.39 | $-7.86 | $-5.02 | $-2.52 | $-3.13 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | — | 0 | 0 | 0 | 0 | 7.46M |
| Research and Development Expense | 77.99M | 77.51M | 65.80M | 63.01M | 60.81M | 56.29M |
| Operating Expenses | 105.86M | 97.04M | 78.36M | 76.07M | 74.73M | 71.42M |
| Operating Income (Loss) | -105.86M | -97.04M | -78.36M | -76.07M | -74.73M | -63.96M |
| Net Income (Loss) Attributable to Parent | -92.56M | -88.91M | -73.93M | -71.13M | -69.30M | -58.68M |
| Earnings Per Share, Basic | $-3.20 | $-3.51 | $-3.36 | $-3.31 | $-3.29 | $-3.00 |
| Weighted Average Number of Shares Outstanding, Basic | 28.88M | 22.50M | 21.98M | 21.47M | 21.06M | 17.91M |
| Earnings Per Share, Diluted | $-3.20 | $-3.51 | $-3.36 | $-3.31 | $-3.29 | $-3.00 |
| Weighted Average Number of Shares Outstanding, Diluted | 28.88M | 22.50M | 21.98M | 21.47M | 21.06M | 17.91M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 536.33M | 357.33M | 149.53M | 157.41M | 165.57M | 215.37M |
| Assets, Current | 797.77M | 610.91M | 273.84M | 306.58M | 333.57M | 404.37M |
| Assets | 1.46B | 937.91M | 396.39M | 452.83M | 478.74M | 483.11M |
| Liabilities, Current | 50.24M | 59.77M | 52.88M | 48.61M | 39.52M | 37.55M |
| Liabilities | 50.24M | 59.77M | 52.88M | 48.61M | 39.52M | 37.66M |
| Stockholders' Equity Attributable to Parent | 1.41B | 878.14M | 343.50M | 404.22M | 439.21M | 445.45M |
| Common Stock, Shares, Outstanding | 27.86M | 25.20M | 21.17M | 21.04M | 20.34M | 19.42M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -86.15M | -76.33M | -172.74M | -107.69M | -53.01M | -56.12M |
| Payments to Acquire Property, Plant, and Equipment | 62.00K | 0 | 56.00K | 56.00K | 0 | 0 |
| Net Cash Provided by (Used in) Investing Activities | -344.27M | -328.39M | 17.24M | -33.17M | -51.06M | -10.92M |
| Net Cash Provided by (Used in) Financing Activities | 609.43M | 612.52M | 89.66M | 82.90M | 54.27M | 113.77M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (PRAX CIK 0001689548),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.