10-Q quarterly report · filed Nov 5, 2025

Praxis Precision Medicines, Inc. (PRAX) Q3 2025 10-Q Quarterly Report

Short answer

Praxis Precision Medicines, Inc. (PRAX) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $0 (down 100.0% year over year) with net income of −$74M.

Q3 2025 key financials · XBRL

Revenue
$0
−100.0% YoY
Net income
−$74M
−42.4% YoY · −3.9% QoQ
EPS (diluted)
−$3.37
−20.4% YoY · −1.8% QoQ

Source: XBRL data from the Praxis Precision Medicines, Inc. (PRAX) Q3 2025 10-Q on SEC EDGAR. USD.

Praxis Precision Medicines, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • No new or changed risk factors compared to 10-K filed February 28, 2025
  • Clinical trial outcomes and regulatory approval remain key risks for near-term operational performance
  • Regulatory risk centered on FDA approval processes for pipeline drugs, as previously disclosed
  • Commercialization competition in precision medicines impacts market positioning and revenue growth
  • Financial risk from limited cash runway and dependence on milestone-based funding continues unchanged

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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