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