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Segments

By segment

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Reportable Segment$33K-28.3%

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%
CapEx$245.0K+338%
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:Depreciation.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Elsunersen8,1411,31711,3382,078
Other early stage assets5,4711,4178,7132,522
Personnel-related expenses18,94311,91336,67324,943
Stock-based compensation expense11,3097,77028,42116,556
Depreciation expense33467293
Other segment expenses(a)12,8516,75324,94015,129
Other income, net13,1844,94026,48310,372
Consolidated net loss$(83,720)$(71,127)$(176,281)$(140,423)

Item 1. Financial Statements (Unaudited)

FAQ

What is Praxis Precision Medicines, Inc.'s D&A?
Praxis Precision Medicines, Inc. (PRAX) reported D&A of $33K in Q2 2026.
How has Praxis Precision Medicines, Inc.'s D&A changed year-over-year?
Praxis Precision Medicines, Inc.'s D&A decreased by 28.3% year-over-year, from $46K to $33K.
What is the long-term trend for Praxis Precision Medicines, Inc.'s D&A?
Over 4 years (2021 to 2025), Praxis Precision Medicines, Inc.'s D&A has grown at a -6.3% compound annual growth rate (CAGR), from $182K to $140K.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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