Skip to content

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

Other product segments

Ulixacaltamide
$19.1M-18.8%
Relutrigine
$12.85M+139%
Other early stage assets
$3.24M+193%
Elsunersen
$3.2M+320%

Similar metrics at other companies

Nuvalent, Inc. logo
NUVLNVL-330 — Direct Expenses Related To Program
$6.83M+72.3%
Nuvalent, Inc. logo
NUVLZidesamtinib — Direct Expenses Related To Program
$12.31M-20.8%
Vaxcyte, Inc. logo
PCVXAcquired manufacturing rights
$0
Bristol-Myers Squibb logo
BMYR&D
$2.65B+17.4%
Nuvalent, Inc. logo
NUVLNeladalkib — Direct Expenses Related To Program
$26.32M-6.0%
Vertex Pharmaceuticals logo
VRTXPharmaceuticals — Development expenses
$756.6M-2.2%

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

See full
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×
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 →

Ask your AI about Praxis Precision Medicines, Inc.'s vormatrigine — program-specific expenses.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Praxis Precision Medicines, Inc.'s vormatrigine — program-specific expenses?
Praxis Precision Medicines, Inc. (PRAX) reported vormatrigine — program-specific expenses of $20.49M in Q1 2026.
How has Praxis Precision Medicines, Inc.'s vormatrigine — program-specific expenses changed year-over-year?
Praxis Precision Medicines, Inc.'s vormatrigine — program-specific expenses increased by 49.2% year-over-year, from $13.73M to $20.49M.
What is the long-term trend for Praxis Precision Medicines, Inc.'s vormatrigine — program-specific expenses?
Over 2 years (2023 to 2025), Praxis Precision Medicines, Inc.'s vormatrigine — program-specific expenses has grown at a 243.5% compound annual growth rate (CAGR), from $6.28M to $74.06M.
What does vormatrigine — program-specific expenses mean?
This metric represents the direct costs associated with the development, production, and commercialization activities for the Vormatrigine therapeutic program. It captures the specific financial resources allocated to clinical trials, manufacturing, and supply chain operations dedicated to this asset. Monitoring these expenses provides insight into the capital intensity and operational progress of the company's key pipeline candidates.