Praxis Precision Medicines (PRAX) Free Cash Flow (2019 - 2026)
Praxis Precision Medicines (PRAX) recorded quarterly Free Cash Flow of -$86.2 million in Q1 2026, down 12.88% quarter-over-quarter from -$76.3 million in Q4 2025, and down 62.32% on a YoY basis from -$228.7 million in Q1 2025.
Praxis Precision Medicines (PRAX) Free Cash Flow (2019 - 2026) Analysis & Trends
Praxis Precision Medicines' Free Cash Flow history runs 8 years deep, the most recent figure standing at -$86.2 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 62.32% year-over-year to -$86.2 million; the TTM figure through Mar 2026 stood at -$282.2 million (down 72.1% YoY), while the FY2025 annual figure was -$249.1 million, down 89.08% from the prior year.
- Free Cash Flow was -$86.2 million for Q1 2026 at Praxis Precision Medicines, down from -$76.3 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of -$20.9 million in Q1 2024 to a low of -$86.2 million in Q1 2026.
- Historically, Free Cash Flow has averaged -$44.9 million across 5 years, with a median of -$44.5 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow surged 47.74% in 2023, then tumbled 154.47% in 2025.
- A 5-year view of Free Cash Flow shows it stood at -$29.2 million in 2022, then advanced by 18.42% to -$23.9 million in 2023, then tumbled by 135.2% to -$56.1 million in 2024, then sank by 36.0% to -$76.3 million in 2025, then retreated by 12.88% to -$86.2 million in 2026.
- The last three Free Cash Flow figures came in at -$86.2 million (Q1 2026), -$76.3 million (Q4 2025), and -$65.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (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 | - | -1.67 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -12.20 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -2.49 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.29 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 63,220.27 |
| 10 | Praxis Precision Medicines | 200.22 Mn | -586.65 Mn | - | -86.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -86.15 Mn |
| Mar 31, 2026 | -86.15 Mn |
| Dec 31, 2025 | -76.33 Mn |
| Dec 31, 2025 | -76.33 Mn |
| Sep 30, 2025 | -65.06 Mn |
| Sep 30, 2025 | -65.06 Mn |
| Jun 30, 2025 | -54.67 Mn |
| Jun 30, 2025 | -54.67 Mn |
| Mar 31, 2025 | -53.07 Mn |
| Mar 31, 2025 | -53.07 Mn |
| Dec 31, 2024 | -56.12 Mn |
| Dec 31, 2024 | -56.12 Mn |
| Sep 30, 2024 | -27.50 Mn |
| Sep 30, 2024 | -27.50 Mn |
| Jun 30, 2024 | -27.28 Mn |
| Jun 30, 2024 | -27.28 Mn |
| Mar 31, 2024 | -20.86 Mn |
| Mar 31, 2024 | -20.86 Mn |
| Dec 31, 2023 | -23.86 Mn |
| Dec 31, 2023 | -23.86 Mn |