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2.4×+1.5×

Other financials

Income statement

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Revenue--100%
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

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Market cap$7.87B+1,075%
Enterprise value$7.34B+1,309%

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

Where this comes from

Calculated from Praxis Precision Medicines, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Praxis Precision Medicines, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Praxis Precision Medicines, Inc.'s cash ratio?
Praxis Precision Medicines, Inc. (PRAX) reported cash ratio of 10.7× in Q1 2026.
How has Praxis Precision Medicines, Inc.'s cash ratio changed year-over-year?
Praxis Precision Medicines, Inc.'s cash ratio increased by 154.4% year-over-year, from 4.2× to 10.7×.
What is the long-term trend for Praxis Precision Medicines, Inc.'s cash ratio?
Over 5 years (2020 to 2025), Praxis Precision Medicines, Inc.'s cash ratio has grown at a -20.5% compound annual growth rate (CAGR), from 18.9× to 6×.
What does cash ratio mean?
Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.