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Praxis Precision Medicines, Inc. PRAX Business Segments — Net loss

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Other financials

Income statement

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Revenue--100%
Operating income-$96.9M-27.4%
Net income-$83.7M-17.7%
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 business segments — net loss?
Praxis Precision Medicines, Inc. (PRAX) reported business segments — net loss of -$83.72M in Q2 2026.
How has Praxis Precision Medicines, Inc.'s business segments — net loss changed year-over-year?
Praxis Precision Medicines, Inc.'s business segments — net loss 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 business segments — net loss?
Over 2 years (2023 to 2025), Praxis Precision Medicines, Inc.'s business segments — net loss has grown at a 56.8% compound annual growth rate (CAGR), from -$123.28M to -$303.27M.
What does business segments — net loss mean?
This metric represents the bottom-line financial result for the business segment, calculated as total revenues minus total expenses. For a clinical-stage company, this typically reflects the significant investment in R&D relative to limited revenue generation. It is the primary indicator of the segment's financial sustainability and cash burn.

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