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Other financials

Income statement

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Revenue--100%
Operating income-$96.9M-27.4%
Net income-$83.7M-17.7%
EPS (diluted)-$2.87+13.3%

Balance sheet

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Cash & equivalents$474.8M+201%
Total debt$1.1M+44.0%
Total equity$1.3B+232%
Total assets$1.4B+207%

Cash flow

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Operating cash flow-$77.5M-41.8%
Free cash flow-$77.8M-42.1%

Valuation

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Market cap$8.9B+770%
Enterprise value$8.43B+873%

Profitability

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Operating margin-3,927.5%-1,497pp
Net margin-3,658.5%-1,388pp
FCF margin-3,067.4%-1,030pp

Returns & leverage

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Return on equity-38.9%-10.3pp
Debt / equity0.0×
Current ratio15.7×+9.4×

Where this comes from

Reported directly by Praxis Precision Medicines, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Praxis Precision Medicines, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:32 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001689548-26-000083
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Net cash used in operating activities(163,694)(107,686)
Cash flows from investing activities:
Capitalized internal-use software costs(773)
Purchases of property and equipment(307)(56)
Purchases of marketable securities(564,050)(158,404)
Maturities of marketable securities231,837125,290
Net cash used in investing activities(333,293)(33,170)
Cash flows from financing activities:

Item 1. Financial Statements (Unaudited)

FAQ

What is Praxis Precision Medicines, Inc.'s capex?
Praxis Precision Medicines, Inc. (PRAX) reported capex of $245K in Q2 2026.
How has Praxis Precision Medicines, Inc.'s capex changed year-over-year?
Praxis Precision Medicines, Inc.'s capex increased by 337.5% year-over-year, from $56K to $245K.
What is the long-term trend for Praxis Precision Medicines, Inc.'s capex?
Over 3 years (2021 to 2024), Praxis Precision Medicines, Inc.'s capex has grown at a -100.0% compound annual growth rate (CAGR), from $1.05M to $0.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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