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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$10.32B+909%
Enterprise value$9.85B+1,037%

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:MarketableSecuritiesCurrent.

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 itemJune 30, 2026December 31, 2025
Assets
Current assets:
Cash and cash equivalents$474,761$357,329
Marketable securities283,790242,002
Prepaid expenses and other current assets13,35211,580
Total current assets771,903610,911
Long-term marketable securities615,290326,757
Property and equipment, net492147

Item 1. Financial Statements (Unaudited)

FAQ

What is Praxis Precision Medicines, Inc.'s short-term investments?
Praxis Precision Medicines, Inc. (PRAX) reported short-term investments of $283.79M in Q2 2026.
How has Praxis Precision Medicines, Inc.'s short-term investments changed year-over-year?
Praxis Precision Medicines, Inc.'s short-term investments increased by 97.3% year-over-year, from $143.86M to $283.79M.
What is the long-term trend for Praxis Precision Medicines, Inc.'s short-term investments?
Over 4 years (2021 to 2025), Praxis Precision Medicines, Inc.'s short-term investments has grown at a 23.0% compound annual growth rate (CAGR), from $105.68M to $242M.
What does short-term investments mean?
Marketable securities and other investments with maturities between three months and one year, providing yield above cash while maintaining liquidity.

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