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Segments

By segment

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Reportable Segment$11.31M+45.5%

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:ShareBasedCompensation.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Net loss$(176,281)$(140,423)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense7293
Stock-based compensation expense28,42116,556
Non-cash operating lease expense516506
Amortization of premiums and discounts on marketable securities, net(1,344)(2,216)
Changes in operating assets and liabilities:
Prepaid expenses and other current assets(2,188)6,917

Item 1. Financial Statements (Unaudited)

FAQ

What is Praxis Precision Medicines, Inc.'s stock-based comp?
Praxis Precision Medicines, Inc. (PRAX) reported stock-based comp of $11.31M in Q2 2026.
How has Praxis Precision Medicines, Inc.'s stock-based comp changed year-over-year?
Praxis Precision Medicines, Inc.'s stock-based comp increased by 45.5% year-over-year, from $7.77M to $11.31M.
What is the long-term trend for Praxis Precision Medicines, Inc.'s stock-based comp?
Over 4 years (2021 to 2025), Praxis Precision Medicines, Inc.'s stock-based comp has grown at a 10.6% compound annual growth rate (CAGR), from $22.69M to $33.94M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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