Praxis Precision Medicines (PRAX) Cash & Current Investments (2019 - 2026)
Praxis Precision Medicines (PRAX) posted Cash & Current Investments of $758.55 million for Q2 2026, up 151.8% from $301.28 million a year earlier but down 3.6% from the prior quarter.
Praxis Precision Medicines (PRAX) Cash & Current Investments (2019 - 2026) Analysis & Trends
At the end of FY2025, Praxis Precision Medicines' Cash & Current Investments came in at $599.33 million, up 52.7% from FY2024.
- Annual Cash & Current Investments has increased for three consecutive years, with a five-year compound annual growth rate of 15.1% (FY2020 to FY2025).
- In prior years, Praxis Precision Medicines' Cash & Current Investments was $392.57 million in FY2024 (+382.9%), $81.3 million in FY2023 (+31.9%), $61.62 million in FY2022 (-55.6%) and $138.7 million in FY2021 (-53.2%).
- Quarterly Cash & Current Investments has run from a low of $56.04 million in Q2 2022 to a high of $786.87 million in Q1 2026 over five years.
- On a year-over-year basis, Cash & Current Investments has increased in each of the last three quarters, with growth averaging 124.9% over the last eight quarters.
- The strongest year-over-year quarter for Cash & Current Investments in the past five years was Q4 2024, with growth of 382.9%; the weakest was Q2 2022, with a decline of 68.1%.
- According to Business Quant data, Cash & Current Investments for the three prior quarters was $786.87 million (Q1 2026), $599.33 million (Q4 2025) and $267.16 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,137.66 Bn | 1,106.24 Bn | 19.71 Bn | 8.95 Bn |
| 2 | Johnson & Johnson | 636.13 Bn | 556.00 Bn | 17.30 Bn | 17.23 Bn |
| 3 | AbbVie | 505.28 Bn | 478.39 Bn | 12.70 Bn | 6.57 Bn |
| 4 | Merck | 358.10 Bn | 312.48 Bn | 12.21 Bn | 7.14 Bn |
| 5 | Novartis Ag | 292.59 Bn | 256.58 Bn | 11.24 Bn | 7.69 Bn |
| 6 | Astrazeneca | 265.81 Bn | 239.50 Bn | 12.86 Bn | 4.90 Bn |
| 7 | Amgen | 237.53 Bn | 192.93 Bn | 7.24 Bn | 13.99 Bn |
| 8 | Gilead Sciences | 194.67 Bn | 168.86 Bn | 6.22 Bn | 3.18 Bn |
| 9 | Pfizer | 171.17 Bn | 117.82 Bn | 10.94 Bn | 11.70 Bn |
| 10 | Praxis Precision Medicines | 7.38 Bn | 4.97 Bn | - | 758.55 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 758.55 Mn |
| Mar 31, 2026 | 786.87 Mn |
| Dec 31, 2025 | 599.33 Mn |
| Sep 30, 2025 | 267.16 Mn |
| Jun 30, 2025 | 301.28 Mn |
| Mar 31, 2025 | 327.99 Mn |
| Dec 31, 2024 | 392.57 Mn |
| Sep 30, 2024 | 357.03 Mn |
| Jun 30, 2024 | 351.88 Mn |
| Mar 31, 2024 | 207.42 Mn |
| Dec 31, 2023 | 81.30 Mn |
| Sep 30, 2023 | 101.09 Mn |
| Jun 30, 2023 | 124.30 Mn |
| Mar 31, 2023 | 80.84 Mn |
| Dec 31, 2022 | 61.62 Mn |
| Sep 30, 2022 | 62.44 Mn |
| Jun 30, 2022 | 56.04 Mn |
| Mar 31, 2022 | 77.85 Mn |
| Dec 31, 2021 | 138.70 Mn |
| Sep 30, 2021 | 165.68 Mn |
Praxis Precision Medicines Cash & Current Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=PRAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-current-investments", "ticker": "PRAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=PRAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();