NeuroPace, Inc.

NeuroPace, Inc.

NPCE
NeuroPace, Inc.US flagNASDAQ Global Market
15.88
USD
-0.41
- -
541.41MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.33
3.71
2.72
1.85
2.53
2.74
- -
2.99
Basic EPS, GAAP
-2.7
-2.19
-2.17
-1.91
-1.27
-0.93
- -
-0.65
Free Cash Flow per Basic Share
-2.3
-1.95
-1.5
-1.52
-0.77
-0.63
- -
-0.3
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-32.75
-34.92
-25.51
-19.14
-19.49
-18.23
- -
-16.8
Tangible Book Value per Share
-11.65
-13.31
4.43
1.41
0.8
0.28
- -
0.43
Basic Weighted Avg Shares
11
11
17
25
26
29
- -
33
Sales/Revenue/Turnover
37
41
45
46
65
80
100
100
Operating Margin (%)
-59.59
-31.72
-52.54
-89.62
-41.54
-27.12
-16.34
-16.84
Depreciation Expense
- -
- -
- -
3
2
2
2
2
Net Income, GAAP
-30
-24
-36
-47
-33
-27
-21
-22
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-81.07
-59.02
-79.85
-103.43
-50.38
-33.97
-21.47
-21.67
Working Capital
-55
45
124
87
76
66
76
71
LT Debt
- -
51
50
68
71
71
69
68
Total Equity
-129
-148
74
35
21
8
19
14
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2
2
2
LT Borrowings
59
59
59
LT Finance Leases
10
10
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
34
34
Market Capitalization
328
505
438

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
95
94
87
Cash, Cash Equivalents & STI
60
61
54
Accounts Receivable, Net
15
15
15
Inventories
18
17
17
Total Current Liabilities
20
18
16
Payables & Accruals
17
16
14
ST Debt
2
2
2
Deferred Revenue
1
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-33.34%
137.5%
Free Cash Flow
- -
-5.54%
-37.89%
Net Income, GAAP
- -
2.11%
-20.91%
Sales/Revenue/Turnover
- -
20.31%
25.13%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18
19
21
21
80
2025
23
24
27
27
100
2026
22
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.32
-0.26
-0.19
-0.18
-0.93
2025
-0.21
-0.26
-0.11
-0.08
- -
2026
-0.2
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Joel D. Becker
Full Time Employees
184
Sector
Healthcare
Industry
Medical - Devices
Address
455 North Bernardo Avenue Mountain View CA United States of America 94043
IPO Date
Apr 22, 2021
Business
NeuroPace, Inc. develops and commercializes the RNS System, a brain-responsive neuromodulation platform that delivers personalized, real-time electrical stimulation to treat drug-resistant focal epilepsy by detecting and interrupting abnormal brain activity at its source; the system comprises an implantable RNS neurostimulator, cortical strip and depth leads, Patient Remote Monitor, physician tablet, patient data management system, and nSight Platform for ongoing monitoring and data analysis; it also offers implantable and non-implantable accessories sold primarily to hospital facilities for initial implants and replacements. Headquartered in Mountain View, California, and founded in 1997, the company operates in the United States within the medical device sector, targeting adults with drug-resistant epilepsy and expanding into idiopathic generalized epilepsy through clinical studies. Recent developments include third-quarter 2025 revenue of $27.4 million, up 30% year-over-year, with raised full-year 2025 guidance to $97-98 million and gross margins of 76-77%; a completed FDA pre-submission for the NAUTILUS study evaluating RNS therapy in idiopathic generalized epilepsy, on track for premarket approval supplement submission by year-end 2025; CMS reimbursement increases for 2026 under Physician Fee Schedule and Outpatient Prospective Payment System, boosting payments up to 47%; a new $75 million credit facility with MidCap Financial; appointment of Patrick F. Williams as CFO in June 2025; and planned highlights of AI-powered tools like SeizureID and long-term outcomes at the 2025 American Epilepsy Society meeting.

Company News

APIChat
  • NPCE Receives FDA Approval for AI-Powered ECoG Assistant for Epilepsy

  • NeuroPace to Highlight Expanding Role of Responsive Neuromodulation at the 2026 American Society for Stereotactic and Functional Neurosurgery (ASSFN) Meeting

  • NeuroPace Announces FDA Approval of ECoG Assistant™, Advancing AI-Driven Epilepsy Care

  • Is NPCE Stock a Buy in 2026 After DIXI Exit and Margin Lift?

  • NPCE Explains How NeuroPace's RNS System Makes Money

  • NeuroPace NPCE and the Next Wave of AI-Driven Epilepsy Care

  • NPCE Stock Gains on Q1 Earnings & Revenue Beat, 2026 Outlook Raised

  • NeuroPace, Inc. (NPCE) Q1 2026 Earnings Call Transcript

  • NeuroPace Q1 Earnings Call Highlights

  • NeuroPace, Inc. (NPCE) Reports Q1 Loss, Tops Revenue Estimates

  • NeuroPace Reports First Quarter 2026 Financial Results and Raises 2026 Revenue Guidance

  • NeuroPace (NPCE) Moves 6.3% Higher: Will This Strength Last?

  • NeuroPace Highlights Expanding Clinical Evidence Leadership with Published 3-Year Post-Approval Study (PAS) Results in Neurology and NAUTILUS Presentation at AAN 2026

  • NeuroPace (NASDAQ:NPCE) & Advanced Biomedical Technologies (OTCMKTS:ABMT) Head to Head Survey

  • NeuroPace to Present at the 25th Annual Needham Virtual Healthcare Conference

  • Contrasting NeuroPace (NASDAQ:NPCE) & Integer (NYSE:ITGR)

  • NeuroPace (NPCE) Up 0.9% Since Last Earnings Report: Can It Continue?

  • Here's Why You Should Add NeuroPace Stock to Your Portfolio Now

  • Wall Street Analysts See a 41.29% Upside in NeuroPace (NPCE): Can the Stock Really Move This High?

  • NeuroPace, Inc. (NASDAQ:NPCE) Receives Consensus Rating of “Moderate Buy” from Brokerages