Praxis Precision Medicines Net Profit Margin Growth & History (PRAX)
Praxis Precision Medicines's net profit margin was −2,137.48% for fiscal 2024.
View full Praxis Precision Medicines company overviewPraxis Precision Medicines annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | −2,137.48% | +2900.40 pp |
| 2023 | 2023-12-31 | −5,037.88% | — |
Praxis Precision Medicines quarterly net profit margin
| Fiscal quarter | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| Q4 2024 | 2024-12-31 | −786.27% | +4432.76 pp |
| Q3 2024 | 2024-09-30 | −17,188.74% | −11925.49 pp |
| Q2 2024 | 2024-06-30 | −9,153.22% | −4759.88 pp |
| Q1 2024 | 2024-03-31 | −9,177.03% | −3693.14 pp |
| Q4 2023 | 2023-12-31 | −5,219.03% | — |
| Q3 2023 | 2023-09-30 | −5,263.25% | — |
| Q2 2023 | 2023-06-30 | −4,393.34% | — |
| Q1 2023 | 2023-03-31 | −5,483.89% | — |
Praxis Precision Medicines net profit margin trends
Between the periods ended 2023-12-31 and 2024-12-31, Praxis Precision Medicines's net profit margin increased from −5,037.88% to −2,137.48%, a change of +2900.40 percentage points. The latest reported quarter, Q4 2024, shows −786.27%.
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
How net profit margin is calculated
TickerStat calculates net profit margin as SEC-reported net income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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