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Praxis Precision Medicines, Inc. PRAX Q1 2026 earnings

Reported May 7, 2026 · Before market open

EPS-$3.20Beat by $0.38
Revenue estimate$100.0K
EPS estimate-$3.58

Next report

Nov 9, 2026 (in 2 months)
Revenue estimate$130.8K
EPS estimate-$3.65

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

as of 03/31/26
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Market cap$8.97B+1,075%
Enterprise value$8.44B+1,309%

Returns & leverage

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Return on equity-35.3%-10.9pp
Debt / equity0×0.0×
Current ratio15.9×+7.4×

FAQ

When did Praxis Precision Medicines, Inc. report Q1 2026 earnings?
Praxis Precision Medicines, Inc. (PRAX) reported Q1 2026 earnings on May 7, 2026 before market open.
What were Praxis Precision Medicines, Inc.'s Q1 2026 revenue and EPS?
Praxis Precision Medicines, Inc. reported eps of $-3.20 for Q1 2026.
Did Praxis Precision Medicines, Inc. beat estimates in Q1 2026?
EPS beat the consensus estimate of $-3.58 by $0.38.
How did Praxis Precision Medicines, Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, eps grew 2.7% from $-3.29.
Where can I find Praxis Precision Medicines, Inc.'s Q1 2026 SEC filings?
You can read the 10-Q periodic report (0001689548-26-000047) directly on SEC EDGAR. The filing index links above go to sec.gov.