Praxis Precision Medicines (PRAX) Change in Account Payables (2019 - 2026)
Praxis Precision Medicines (PRAX) recorded quarterly Change in Account Payables of $6.5 million in Q1 2026, up 205.42% quarter-over-quarter from -$6.2 million in Q4 2025, and down 37.1% on a YoY basis from $10.4 million in Q1 2025.
Praxis Precision Medicines (PRAX) Change in Account Payables (2019 - 2026) Analysis & Trends
Praxis Precision Medicines' Change in Account Payables history runs 8 years deep, the most recent figure standing at $6.5 million for Q1 2026.
- In Q1 2026, Change in Account Payables fell 37.1% year-over-year to $6.5 million; the TTM figure through Mar 2026 stood at $8.2 million (down 38.94% YoY), while the FY2025 annual figure was $12.1 million, up 80.2% from the prior year.
- Change in Account Payables was $6.5 million for Q1 2026 at Praxis Precision Medicines, up from -$6.2 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $10.4 million in Q1 2025 to a low of -$9.0 million in Q2 2023.
- Historically, Change in Account Payables has averaged $1.2 million across 5 years, with a median of $2.0 million in 2025.
- The sharpest annual moves came in 2022 and 2024: Change in Account Payables sank 626.01% in 2022, then soared 883.67% in 2024.
- A 5-year view of Change in Account Payables shows it stood at $4.6 million in 2022, then plunged by 128.55% to -$1.3 million in 2023, then sank by 91.07% to -$2.5 million in 2024, then sank by 149.56% to -$6.2 million in 2025, then surged by 205.42% to $6.5 million in 2026.
- The last three Change in Account Payables figures came in at $6.5 million (Q1 2026), -$6.2 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -3.26 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | - |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 35.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -9.42 Mn |
| 10 | Praxis Precision Medicines | 200.22 Mn | -586.65 Mn | - | 6.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.53 Mn |
| Mar 31, 2026 | 6.53 Mn |
| Dec 31, 2025 | -6.19 Mn |
| Dec 31, 2025 | -6.19 Mn |
| Sep 30, 2025 | 1.99 Mn |
| Sep 30, 2025 | 1.99 Mn |
| Jun 30, 2025 | 5.92 Mn |
| Jun 30, 2025 | 5.92 Mn |
| Mar 31, 2025 | 10.38 Mn |
| Mar 31, 2025 | 10.38 Mn |
| Dec 31, 2024 | -2.48 Mn |
| Dec 31, 2024 | -2.48 Mn |
| Sep 30, 2024 | 7.01 Mn |
| Sep 30, 2024 | 7.01 Mn |
| Jun 30, 2024 | -1.40 Mn |
| Jun 30, 2024 | -1.40 Mn |
| Mar 31, 2024 | 3.59 Mn |
| Mar 31, 2024 | 3.59 Mn |
| Dec 31, 2023 | -1.30 Mn |
| Dec 31, 2023 | -1.30 Mn |