Praxis Precision Medicines (PRAX) Cash & Equivalents (2019 - 2026)

Praxis Precision Medicines (PRAX) recorded quarterly Cash & Equivalents of $536.3 million in Q1 2026, up 50.1% quarter-over-quarter from $357.3 million in Q4 2025, and up 223.94% on a YoY basis from $165.6 million in Q1 2025.

Praxis Precision Medicines (PRAX) Cash & Equivalents (2019 - 2026) Analysis & Trends

Praxis Precision Medicines' Cash & Equivalents history runs 8 years deep, the most recent figure standing at $536.3 million for Q1 2026.

  • In Q1 2026, Cash & Equivalents rose 223.94% year-over-year to $536.3 million; the TTM figure through Mar 2026 stood at $536.3 million (up 223.94% YoY), while the FY2025 annual figure was $357.3 million, up 65.91% from the prior year.
  • Cash & Equivalents was $536.3 million for Q1 2026 at Praxis Precision Medicines, up from $357.3 million in the prior quarter.
  • In the past five years, Cash & Equivalents ranged from a high of $536.3 million in Q1 2026 to a low of $56.0 million in Q2 2022.
  • Historically, Cash & Equivalents has averaged $158.4 million across 5 years, with a median of $145.1 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Cash & Equivalents plunged 68.14% in 2022, then surged 223.94% in 2026.
  • A 5-year view of Cash & Equivalents shows it stood at $61.6 million in 2022, then jumped by 31.95% to $81.3 million in 2023, then surged by 164.91% to $215.4 million in 2024, then soared by 65.91% to $357.3 million in 2025, then soared by 50.1% to $536.3 million in 2026.
  • The last three Cash & Equivalents figures came in at $536.3 million (Q1 2026), $357.3 million (Q4 2025), and $149.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Equiv. (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 32.30 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 1.91 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 286.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 18.44 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 2.77 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 7.15 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 5.49 Bn
9 Abivax 91.96 Bn 91.96 Bn - 558.94 Mn
10 Praxis Precision Medicines 200.22 Mn -586.65 Mn - 536.33 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 536.33 Mn
Dec 31, 2025 357.33 Mn
Sep 30, 2025 149.53 Mn
Jun 30, 2025 157.42 Mn
Mar 31, 2025 165.57 Mn
Dec 31, 2024 215.37 Mn
Sep 30, 2024 168.65 Mn
Jun 30, 2024 145.14 Mn
Mar 31, 2024 151.98 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
Jun 30, 2021 175.88 Mn