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| Date | Value |
|---|---|
| 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 |