Praxis Precision Medicines (PRAX) Payables (2019 - 2026)
Praxis Precision Medicines (PRAX) recorded quarterly Payables of $31.2 million in Q1 2026, up 26.51% quarter-over-quarter from $24.6 million in Q4 2025, and up 36.01% on a YoY basis from $22.9 million in Q1 2025.
Praxis Precision Medicines (PRAX) Payables (2019 - 2026) Analysis & Trends
Praxis Precision Medicines' Payables history runs 8 years deep, the most recent figure standing at $31.2 million for Q1 2026.
- In Q1 2026, Payables rose 36.01% year-over-year to $31.2 million; the TTM figure through Mar 2026 stood at $31.2 million (up 36.01% YoY), while the FY2025 annual figure was $24.6 million, up 96.58% from the prior year.
- Payables was $31.2 million for Q1 2026 at Praxis Precision Medicines, up from $24.6 million in the prior quarter.
- In the past five years, Payables ranged from a high of $31.2 million in Q1 2026 to a low of $5.8 million in Q4 2023.
- Historically, Payables has averaged $16.0 million across 5 years, with a median of $13.3 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Payables plunged 60.37% in 2023, then surged 251.82% in 2025.
- A 5-year view of Payables shows it stood at $14.7 million in 2022, then slumped by 60.37% to $5.8 million in 2023, then soared by 115.44% to $12.5 million in 2024, then surged by 96.58% to $24.6 million in 2025, then increased by 26.51% to $31.2 million in 2026.
- The last three Payables figures came in at $31.2 million (Q1 2026), $24.6 million (Q4 2025), and $30.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 1.05 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 300,549.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 83.00 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 8.69 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 489.30 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 34.55 Mn |
| 10 | Praxis Precision Medicines | 200.22 Mn | -586.65 Mn | - | 31.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.16 Mn |
| Dec 31, 2025 | 24.63 Mn |
| Sep 30, 2025 | 30.82 Mn |
| Jun 30, 2025 | 28.83 Mn |
| Mar 31, 2025 | 22.91 Mn |
| Dec 31, 2024 | 12.53 Mn |
| Sep 30, 2024 | 15.01 Mn |
| Jun 30, 2024 | 8.20 Mn |
| Mar 31, 2024 | 9.40 Mn |
| Dec 31, 2023 | 5.82 Mn |
| Sep 30, 2023 | 7.17 Mn |
| Jun 30, 2023 | 8.01 Mn |
| Mar 31, 2023 | 16.99 Mn |
| Dec 31, 2022 | 14.67 Mn |
| Sep 30, 2022 | 10.12 Mn |
| Jun 30, 2022 | 11.82 Mn |
| Mar 31, 2022 | 13.27 Mn |
| Dec 31, 2021 | 10.78 Mn |
| Sep 30, 2021 | 7.54 Mn |
| Jun 30, 2021 | 7.40 Mn |