What is Praxis Precision Medicines, Inc.'s net income?

Praxis Precision Medicines, Inc. (PRAX) reported net income of -$92.56M in Q1 2026.

How has Praxis Precision Medicines, Inc.'s net income changed year-over-year?

Praxis Precision Medicines, Inc.'s net income decreased by 33.6% year-over-year, from -$69.3M to -$92.56M.

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?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Praxis Precision Medicines, Inc. PRAX Net Income

Net Income at other companies

Jazz PharmaceuticalsJAZZ

$293.1M+417%

Xenon PharmaceuticalsXENE

-$102.3M-57.3%

BiogenBIIB

$319.5M+32.8%

AlkermesALKS

-$66.48M-396%

Neurocrine BiosciencesNBIX

$197.9M+2,405%

Axsome TherapeuticsAXSM

-$64.54M-8.6%

Segments

By segment

See full

Reportable Segment-$92.56M-33.6%

Other financials

Income statement

See full

Revenue--100%

Operating income-$105.9M-41.7%

Net income-$92.6M-33.6%

EPS (diluted)-$3.20+2.7%

Balance sheet

See full

Cash & equivalents$536.7M+223%

Total debt$1.4M+31.3%

Total equity$1.4B+221%

Total assets$1.5B+205%

Cash flow

See full

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

See full

Operating margin-3,927.5%-1,497pp

Net margin-3,658.5%-1,388pp

FCF margin-3,067.4%-1,030pp

Returns & leverage

See full

Return on equity-35.3%-10.9pp

Debt / equity0×0.0×

Current ratio15.9×+7.4×

Where this comes from

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

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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 net income?: Praxis Precision Medicines, Inc. (PRAX) reported net income of -$92.56M in Q1 2026.
How has Praxis Precision Medicines, Inc.'s net income changed year-over-year?: Praxis Precision Medicines, Inc.'s net income decreased by 33.6% year-over-year, from -$69.3M to -$92.56M.
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?: Net income as the starting point for the indirect method operating cash flow reconciliation.