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

Praxis Precision Medicines' (PRAX) quarterly Current Deferred Revenue came in at $1.2 million in Q3 2024, down 24.61% year-on-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.

  • On a quarterly basis, Current Deferred Revenue fell 24.61% year-over-year to $1.2 million in Q3 2024; TTM through Sep 2024 was $1.2 million, a 24.61% decrease from a year earlier, with the FY2023 full-year figure at $1.4 million, down 72.16% from the prior year.
  • Current Deferred Revenue fell to $1.2 million in Q3 2024 per PRAX's latest filing, from $1.2 million in the prior quarter.
  • Across five years, Current Deferred Revenue topped out at $5.0 million in Q4 2022 and bottomed 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.
  • Across the five-year window, Current Deferred Revenue slumped 72.16% in 2023 and declined 24.61% in 2024, its largest moves.
  • Year by year, Current Deferred Revenue stood at $5.0 million in 2022, then slumped by 72.16% to $1.4 million in 2023, then slipped by 15.95% to $1.2 million in 2024.
  • Per Business Quant, the three latest PRAX Current Deferred Revenue figures stand at $1.2 million (Q3 2024), $1.2 million (Q2 2024), and $1.3 million (Q1 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn
4 NuCana 279.75 Bn 279.75 Bn -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn
7 Belite Bio 62.51 Bn 62.51 Bn -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn -
10 Praxis Precision Medicines 8.98 Bn 8.20 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