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Segments

By segment

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Reportable Segment-$83.72M-17.7%

Other financials

Income statement

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Revenue--100%
Operating income-$96.9M-27.4%
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:NetIncomeLoss.

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
Total operating expenses96,90476,067202,764150,795
Loss from operations(96,904)(76,067)(202,764)(150,795)
Other income:
Other income, net13,1844,94026,48310,372
Total other income13,1844,94026,48310,372
Net loss$(83,720)$(71,127)$(176,281)$(140,423)
Net loss per share attributable to common stockholders, basic and diluted$(2.87)$(3.31)$(6.08)$(6.60)
Weighted average common shares outstanding, basic and diluted29,131,37521,474,82729,008,35121,266,490

Item 1. Financial Statements (Unaudited)

FAQ

What is Praxis Precision Medicines, Inc.'s net income?
Praxis Precision Medicines, Inc. (PRAX) reported net income of -$83.72M in Q2 2026.
How has Praxis Precision Medicines, Inc.'s net income changed year-over-year?
Praxis Precision Medicines, Inc.'s net income decreased by 17.7% year-over-year, from -$71.13M to -$83.72M.
What is the long-term trend for Praxis Precision Medicines, Inc.'s net income?
Over 4 years (2021 to 2025), Praxis Precision Medicines, Inc.'s net income has grown at a 16.1% compound annual growth rate (CAGR), from -$167.06M to -$303.27M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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