Praxis Precision Medicines (PRAX) Net Income (2019 - 2026)
Praxis Precision Medicines' (PRAX) quarterly Net Income came in at -$562.1 million in Q1 2026, down 641.16% year-on-year from $103.9 million in Q1 2025, and down 39.25% quarter-over-quarter from -$403.6 million in Q4 2025.
Praxis Precision Medicines (PRAX) Net Income (2019 - 2026) Analysis & Trends
Praxis Precision Medicines' Net Income history runs 8 years deep, the most recent figure standing at -$562.1 million for Q1 2026.
- On a quarterly basis, Net Income fell 641.16% year-over-year to -$562.1 million in Q1 2026; TTM through Mar 2026 was -$1.1 billion, a 142.84% decrease from a year earlier, with the FY2025 full-year figure at -$736.1 million, down 75.91% from the prior year.
- Net Income slipped to -$562.1 million in Q1 2026 per PRAX's latest filing, from -$403.6 million in the prior quarter.
- Across five years, Net Income topped out at -$25.7 million in Q3 2023 and bottomed at -$562.1 million in Q1 2026.
- The 5-year median for Net Income is -$75.8 million (2025), against an average of -$137.2 million.
- Across the five-year window, Net Income surged 54.43% in 2023 and plunged 641.16% in 2026, its largest moves.
- Year by year, Net Income stood at -$184.1 million in 2022, then retreated by 13.17% to -$208.3 million in 2023, then sank by 35.5% to -$282.3 million in 2024, then slumped by 43.01% to -$403.6 million in 2025, then slumped by 39.25% to -$562.1 million in 2026.
- Per Business Quant, the three latest PRAX Net Income figures stand at -$562.1 million (Q1 2026), -$403.6 million (Q4 2025), and -$87.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -37.09 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 227.36 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.31 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.03 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 727.20 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | -26.94 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 362.00 Mn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | -453.82 Mn |
| 10 | Praxis Precision Medicines | 8.98 Bn | 8.20 Bn | - | -562.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -562.09 Mn |
| Dec 31, 2025 | -403.64 Mn |
| Sep 30, 2025 | -87.02 Mn |
| Jun 30, 2025 | -77.90 Mn |
| Mar 31, 2025 | -75.84 Mn |
| Dec 31, 2024 | -282.26 Mn |
| Sep 30, 2024 | -68.23 Mn |
| Jun 30, 2024 | -39.27 Mn |
| Mar 31, 2024 | -56.08 Mn |
| Dec 31, 2023 | -208.31 Mn |
| Sep 30, 2023 | -25.74 Mn |
| Jun 30, 2023 | -35.01 Mn |
| Mar 31, 2023 | -37.96 Mn |
| Dec 31, 2022 | -184.07 Mn |
| Sep 30, 2022 | -43.95 Mn |
| Jun 30, 2022 | -61.22 Mn |
| Mar 31, 2022 | -83.31 Mn |
| Dec 31, 2021 | -58.58 Mn |
| Sep 30, 2021 | -44.71 Mn |
| Jun 30, 2021 | -36.40 Mn |