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Praxis Precision Medicines, Inc. PRAX Business Segments — Depreciation expense

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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:Depreciation.

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 business segments — depreciation expense?
Praxis Precision Medicines, Inc. (PRAX) reported business segments — depreciation expense of $39K in Q1 2026.
How has Praxis Precision Medicines, Inc.'s business segments — depreciation expense changed year-over-year?
Praxis Precision Medicines, Inc.'s business segments — depreciation expense decreased by 17.0% year-over-year, from $47K to $39K.
What is the long-term trend for Praxis Precision Medicines, Inc.'s business segments — depreciation expense?
Over 2 years (2023 to 2025), Praxis Precision Medicines, Inc.'s business segments — depreciation expense has grown at a -43.1% compound annual growth rate (CAGR), from $432K to $140K.
What does business segments — depreciation expense mean?
This metric represents the systematic allocation of the cost of tangible assets over their useful lives within the business segment. It reflects the wear and tear or obsolescence of laboratory equipment and infrastructure used in clinical research. It is a non-cash expense that impacts the segment's reported operating results.