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Praxis Precision Medicines, Inc.

PRAX

Praxis Precision Medicines is a clinical-stage biopharmaceutical company focused on developing therapies for central nervous system (CNS) disorders caused by neuronal excitation-inhibition imbalances.

Market cap
$8.8B+664%
Net income-$326.5M-53.6%
Free cash flow-$282.3M-72.3%
EPS (diluted)-$13.38-24.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 10, 2026 (In 1 week)
Revenue estimate$1.3M
EPS estimate-$3.67

Financials

Q1 2026

Income statement

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Operating income-$105.9M-41.7%
Net income-$92.6M-33.6%
EPS (diluted)-$3.20+2.7%

Balance sheet

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Cash & equivalents$536.7M+223%
Total debt$1.4M+31.3%
Total equity$1.4B+221%
Total assets$1.5B+205%

Cash flow

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Operating cash flow-$86.2M-62.5%
CapEx$62.0K
Free cash flow-$86.2M-62.6%

Valuation & ratios

Valuation

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Market cap$8.8B+664%
Enterprise value$8.27B+747%

Returns & leverage

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Return on equity-35.3%-10.9pp
Debt / equity0.0×
Current ratio15.9×+7.4×

Competitors

Profile

Praxis Precision Medicines is a clinical-stage biopharmaceutical company focused on developing therapies for central nervous system (CNS) disorders caused by neuronal excitation-inhibition imbalances. The company utilizes two proprietary platforms, Cerebrum and Solidus, to translate genetic insights into small molecule and antisense oligonucleotide (ASO) treatments. Their approach leverages translational tools and computational methodologies to target both rare genetic epilepsies and more prevalent neurological conditions.

Competitive position

A leading precision neuroscience company utilizing proprietary computational platforms to bridge the gap between genetic insights and clinical-stage CNS therapies.

GeographiesGlobal
Customer segmentsPatients, Healthcare providers, Large pharmaceutical companies
Business modelR&D intensive, IP licensing, Biopharmaceutical drug development
SuppliersGenetic sequencing data, Contract research organizations (CROs), Raw material suppliers for ASO synthesis, Academic research collaborators
CustomersSpecialty pharmacies, Hospitals, Neurology clinics, Strategic pharmaceutical partners
Listed2020
Employees82.0
CEOMarcio Silva De'Souza
FilingsSEC EDGAR

Questions, answered.

What is Praxis Precision Medicines, Inc.'s market cap?
Praxis Precision Medicines, Inc. (PRAX) has a market capitalization of $8.8B and trades on NASDAQ.
Who are Praxis Precision Medicines, Inc.'s competitors?
Praxis Precision Medicines, Inc.'s key competitors include Stoke Therapeutics, Jazz Pharmaceuticals, Polaryx Therapeutics, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Praxis Precision Medicines, Inc. partner with?
Praxis Precision Medicines, Inc.'s notable partners include UCB Biopharma SRL, Ionis Pharmaceuticals, Sage Therapeutics, and others.
Where is Praxis Precision Medicines, Inc. headquartered?
Praxis Precision Medicines, Inc. is headquartered in United States of America and employs approximately 82 people. It has been publicly traded since 2020.