Praxis Precision Medicines PRAX
NASDAQ PRAX
$373.28 +5.26 (+1.43%)
As of: Aug 26, 2026 · 9:49 AM EDT

Praxis Precision Medicines (PRAX) Current Deferred Revenue (2022 - 2024)

Praxis Precision Medicines (PRAX) posted quarterly Current Deferred Revenue of $1.2 million for Q3 2024, down 24.61% year-over-year from $1.6 million in Q4 2023, and down 0.51% quarter-over-quarter from $1.2 million in Q2 2024.

Praxis Precision Medicines (PRAX) Current Deferred Revenue (2022 - 2024) Analysis & Trends

Praxis Precision Medicines' Current Deferred Revenue history runs 3 years deep, the most recent figure standing at $1.2 million for Q3 2024.

  • In Q3 2024, Current Deferred Revenue fell 24.61% year-over-year to $1.2 million; the TTM figure through Sep 2024 stood at $1.2 million (down 24.61% YoY), while the FY2023 annual figure was $1.4 million, down 72.16% from the prior year.
  • Current Deferred Revenue for Q3 2024 stood at $1.2 million, down from $1.2 million in the prior quarter.
  • The five-year high for Current Deferred Revenue was $5.0 million in Q4 2022, with the low at $1.2 million in Q3 2024.
  • The 3-year median for Current Deferred Revenue is $1.5 million (2023), against an average of $2.0 million.
  • The sharpest annual moves came in 2023 and 2024: Current Deferred Revenue sank 72.16% in 2023, then decreased 24.61% in 2024.
  • Praxis Precision Medicines' Current Deferred Revenue stood at $5.0 million in 2022, then tumbled by 72.16% to $1.4 million in 2023, then decreased by 15.95% to $1.2 million in 2024.
  • Business Quant data shows PRAX's Current Deferred Revenue at $1.2 million in Q3 2024, $1.2 million in Q2 2024, and $1.3 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 139.10 Bn 131.24 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 84.66 Bn 76.67 Bn 3.93 Bn
3 Argenx Se 64.59 Bn 59.40 Bn 1.37 Bn
4 Moderna 60.02 Bn 54.88 Bn 52.00 Mn
5 BeOne Medicines 41.64 Bn 36.55 Bn 1.53 Bn
6 Alnylam Pharmaceuticals 31.90 Bn 28.59 Bn 992.69 Mn
7 Royalty Pharma 27.38 Bn 26.55 Bn -
8 BioNTech SE 27.36 Bn 8.97 Bn 668.28 Mn
9 Insmed 26.66 Bn 25.50 Bn 358.27 Mn
10 Praxis Precision Medicines 10.86 Bn 10.10 Bn -

Historic Data

Download Data
DateValue
Sep 30, 2024 1.17 Mn
Jun 30, 2024 1.18 Mn
Mar 31, 2024 1.26 Mn
Dec 31, 2023 1.39 Mn
Sep 30, 2023 1.55 Mn
Jun 30, 2023 2.04 Mn
Mar 31, 2023 2.54 Mn
Dec 31, 2022 5.00 Mn