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Discontinued — last reported Q4 '25

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Other financials

Income statement

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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:Revenues.

The source filing: Praxis Precision Medicines, Inc.’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 8:02 AM EST
Fiscal year
FY2025
Accession
0001689548-26-000029
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Collaboration revenue$8,553$2,447
Operating expenses:
Research and development267,115152,41386,766
General and administrative59,08356,30542,054
Total operating expenses326,198208,718128,820
Loss from operations(326,198)(200,165)(126,373)
Other income:
Other income, net22,93017,3463,096

Item 8. Financial Statements and Supplementary Data

FAQ

What is Praxis Precision Medicines, Inc.'s total revenue?
Praxis Precision Medicines, Inc. (PRAX) reported total revenue of $0 in Q4 2025.
How has Praxis Precision Medicines, Inc.'s total revenue changed year-over-year?
Praxis Precision Medicines, Inc.'s total revenue decreased by 100.0% year-over-year, from $7.46M to $0.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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