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
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 -65.06 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