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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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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:NetCashProvidedByUsedInOperatingActivities.

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
Accrued expenses(10,446)(4,806)
Operating lease liabilities(449)(614)
Other(643)(3)
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)

Item 1. Financial Statements (Unaudited)

FAQ

What is Praxis Precision Medicines, Inc.'s operating cash flow?
Praxis Precision Medicines, Inc. (PRAX) reported operating cash flow of -$77.54M in Q2 2026.
How has Praxis Precision Medicines, Inc.'s operating cash flow changed year-over-year?
Praxis Precision Medicines, Inc.'s operating cash flow decreased by 41.8% year-over-year, from -$54.68M to -$77.54M.
What is the long-term trend for Praxis Precision Medicines, Inc.'s operating cash flow?
Over 4 years (2021 to 2025), Praxis Precision Medicines, Inc.'s operating cash flow has grown at a 18.9% compound annual growth rate (CAGR), from -$124.55M to -$249.07M.
What does operating cash flow mean?
Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.

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