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Praxis Precision Medicines, Inc. PRAX License — Contract with customer, liability, revenue recognized

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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:ContractWithCustomerLiabilityRevenueRecognized.

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 license — contract with customer, liability, revenue recognized?
Praxis Precision Medicines, Inc. (PRAX) reported license — contract with customer, liability, revenue recognized of $0 in Q1 2026.
What is the long-term trend for Praxis Precision Medicines, Inc.'s license — contract with customer, liability, revenue recognized?
Over 2 years (2023 to 2025), Praxis Precision Medicines, Inc.'s license — contract with customer, liability, revenue recognized has grown at a -100.0% compound annual growth rate (CAGR), from $2.4M to $0.
What does license — contract with customer, liability, revenue recognized mean?
The portion of deferred revenue from licensing contracts that has been recognized as income during the reporting period as performance obligations are satisfied. This reflects the conversion of contract liabilities into earned revenue as the company fulfills its research or development commitments.