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Praxis Precision Medicines, Inc. PRAX Elsunersen — Program-specific expenses

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$3.24M+193%

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TEXES — Payments to acquire productive assets
$8M+14.3%
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EXELR&D
$199.92M-5.8%

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

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

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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 elsunersen — program-specific expenses?
Praxis Precision Medicines, Inc. (PRAX) reported elsunersen — program-specific expenses of $3.2M in Q1 2026.
How has Praxis Precision Medicines, Inc.'s elsunersen — program-specific expenses changed year-over-year?
Praxis Precision Medicines, Inc.'s elsunersen — program-specific expenses increased by 320.1% year-over-year, from $761K to $3.2M.
What is the long-term trend for Praxis Precision Medicines, Inc.'s elsunersen — program-specific expenses?
Over 2 years (2023 to 2025), Praxis Precision Medicines, Inc.'s elsunersen — program-specific expenses has grown at a -31.6% compound annual growth rate (CAGR), from $14.6M to $6.83M.
What does elsunersen — program-specific expenses mean?
This metric represents the direct costs associated with the research, development, and production activities specifically allocated to the Elsunersen therapeutic program. It captures the financial resources deployed to advance this clinical candidate through its development lifecycle, including manufacturing and service-related expenditures. Monitoring these costs provides insight into the capital intensity and operational efficiency of the firm's specific drug development pipeline.