Praxis Precision Medicines (PRAX) Free Cash Flow (2019 - 2026)

Praxis Precision Medicines' (PRAX) quarterly Free Cash Flow came in at -$86.2 million in Q1 2026, down 62.32% year-on-year from -$228.7 million in Q1 2025, and down 12.88% quarter-over-quarter from -$76.3 million in Q4 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.

  • On a quarterly basis, Free Cash Flow fell 62.32% year-over-year to -$86.2 million in Q1 2026; TTM through Mar 2026 was -$282.2 million, a 72.1% decrease from a year earlier, with the FY2025 full-year figure at -$249.1 million, down 89.08% from the prior year.
  • Free Cash Flow fell to -$86.2 million in Q1 2026 per PRAX's latest filing, from -$76.3 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at -$20.9 million in Q1 2024 and bottomed at -$86.2 million in Q1 2026.
  • The 5-year median for Free Cash Flow is -$44.5 million (2022), against an average of -$44.9 million.
  • Across the five-year window, Free Cash Flow jumped 47.74% in 2023 and tumbled 154.47% in 2025, its largest moves.
  • Year by year, Free Cash Flow stood at -$29.2 million in 2022, then advanced by 18.42% to -$23.9 million in 2023, then sank by 135.2% to -$56.1 million in 2024, then tumbled by 36.0% to -$76.3 million in 2025, then retreated by 12.88% to -$86.2 million in 2026.
  • Per Business Quant, the three latest PRAX Free Cash Flow figures stand at -$86.2 million (Q1 2026), -$76.3 million (Q4 2025), and -$65.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -19.58 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 158.09 Mn
4 NuCana 279.75 Bn 279.75 Bn - -1.53 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.29 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 848.30 Mn
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 - -354.95 Mn
10 Praxis Precision Medicines 8.98 Bn 8.20 Bn - -86.15 Mn

Historic Data

Download Data
DateValue
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 -65.05 Mn
Sep 30, 2025 -65.05 Mn
Jun 30, 2025 -54.68 Mn
Jun 30, 2025 -54.68 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