Praxis Precision Medicines Inc $PRAX

Health Care

$258.92
+2.45 (+0.96%)
As of Oct 22, 2026, 9:31 PM EDT · cached
Price history
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Praxis Precision Medicines Inc (PRAX) is trading up at $258.92 (+0.96%), as of the latest quote. It is a Russell 2000 constituent in the Health Care sector.

IPO: October 16, 2020 · $19.00 offering · NASDAQ · View IPO details →

Praxis Precision Medicines Inc revenue & net income history (FY2019–FY2025)

RevenueNet incomeNet margin (right axis, %)
$8.55M−$147.4M−$303.3MFY2019 net income: −$35.5M'19FY2020 net income: −$61.8M'20FY2021 net income: −$167.1M'21FY2022 revenue: $0FY2022 net income: −$214.0M'22FY2023 revenue: $2.45MFY2023 net income: −$123.3M · Net margin −5037.9%'23FY2024 revenue: $8.55MFY2024 net income: −$182.8M · Net margin −2137.5%'24FY2025 revenue: $0FY2025 net income: −$303.3M'25−100%−75%−50%−25%0%FY2023 net margin: −5037.9% (off the scale, which stops at −100.0%)FY2024 net margin: −2137.5% (off the scale, which stops at −100.0%)
Praxis Precision Medicines Inc annual financial statements
FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue———$0$2.45M$8.55M$0
Growth (year over year)—————+249.5%−100.0%
Operating income−$35.8M−$62.0M−$167.3M−$215.0M−$126.4M−$200.2M−$326.2M
Operating margin————−5164.4%−2340.3%—
Net income−$35.5M−$61.8M−$167.1M−$214.0M−$123.3M−$182.8M−$303.3M
Net margin————−5037.9%−2137.5%—
EPS (diluted)−$5985.00−$117.90−$59.10−$69.65−$18.69−$10.21−$13.48
Balance sheet
Cash and equivalents$44.8M$296.6M$138.7M$61.6M$81.3M$215.4M$357.3M
Total assets$47.7M$303.2M$292.7M$115.1M$87.9M$483.1M$937.9M
Total liabilities$7.58M$15.7M$41.9M$39.0M$18.3M$37.7M$59.8M
Shareholders' equity−$81.0M$287.5M$250.8M$76.1M$69.7M$445.4M$878.1M
Cash flow
Operating cash flow−$33.4M−$52.6M−$124.6M−$185.0M−$111.1M−$131.8M−$249.1M
Capital expenditure$103.0K$0$1.05M$444.0K$50.0K$0$56.0K
Free cash flow−$33.5M−$52.6M−$125.6M−$185.5M−$111.2M−$131.8M−$249.1M

From Praxis Precision Medicines Inc's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. Filings on SEC EDGAR →

About Praxis Precision Medicines Inc

Headquarters
Boston, Massachusetts From SEC filings, Oct 2026

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