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Verified American Company Independently reviewed and approved · June 2026

Praxis Precision Medicines, Inc.

$253.25 -0.30% NASDAQ: PRAX · 15-min delayed
  • BOSTON, Massachusetts
  • Public · NASDAQ: PRAX
  • 10,998 employees
$7.1BMarket cap
$0Revenue · FY2025
-$303.3MNet income
10,998Employees
PRAXNASDAQ
2020IPO

About Praxis Precision Medicines, Inc.

Praxis Precision Medicines Inc is a clinical-stage biopharmaceutical company. It is engaged in translating genetic insights into the development of therapies for patients affected by central nervous system disorders characterized by a neuronal excitation-inhibition imbalance. The company applies genetic insights to the discovery and development of therapies for neurological disorders through two proprietary platforms: Cerebrum and Solidus. It has established a diversified, multimodal CNS portfolio with four clinical-stage product candidates across movement disorders and epilepsy, which include Ulixacaltamide, Relutrigine, Vormatrigine, and Elsunersen. The firm operates in only one segment and is focused on discovering and developing therapies for CNS disorders.

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American Credentials

Each credential is independently reviewed before it’s awarded · last reviewed Jun 9, 2026. How this is verified →

Reported figures

Financial summary

Revenue FY2025
$0
Net income
-$303.3M
Total assets
$937.9M
Market cap
$7.1B

Source: SEC EDGAR · updated Jun 7, 2026

Multi-year

Revenue & profit trend

Revenue Net income
FY 2025

Financial statements

Income statement

Revenue
$0
Operating expenses
$326.2M
Operating income
-$326.2M
Income tax
$471.0K
Net income
-$303.3M
EPS (basic)
$-13.48
EPS (diluted)
$-13.48

Balance sheet

Total assets
$937.9M
Current assets
$610.9M
Total liabilities
$59.8M
Current liabilities
$59.8M
Shareholders’ equity
$878.1M

Cash flow

Operating cash flow
-$249.1M
Investing cash flow
-$311.1M
Financing cash flow
$702.2M
Net cash flow
$142.0M

Statements via Polygon.io (SEC filings)

NASDAQ: PRAX
$253.25 -0.30%

15-minute delayed · data by Polygon.io

Past year

$35.17 $357.13

52-week range

Market cap
$7.1B
EPS (diluted)
$-13.48
Shares outstanding
28.0M
Open
Day range
Prev close
Volume
IPO date
Oct 16, 2020

Market data by Polygon.io · prices are 15-minute delayed

Auto-generated

At a glance

  • Reported a net loss of $303.3M in FY2025.
  • Trading 29% below its 52-week high.

Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.

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