NeuroPace Inc
NPCE· Nasdaq· Surgical & Medical Instruments & Apparatus
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- -11.3%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +19.4%
We record prices for the companies we cover; NPCE is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 32.7M
- Revenue
- $100.0M
- Free cash flow
- -$11.3M
- Owner earnings
- -$22.4M
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- 77.2%
- Operating
- -16.3%
- Net
- -21.5%
- Free cash flow
- -11.3%
- Owner earnings
- -22.4%
- Stock pay
- 11.1%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- -112.8%
- ROE, 5 yr avg
- -159.1%
Growth (CAGR)
- Revenue, 3 yr
- 30.0%
- Revenue, 5 yr
- 19.4%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
Financial health · FY2025
- Cash and investments
- $61.1M
- Total debt
- $58.9M
- Net cash
- $2.2M
- Debt/Equity
- 3.1x
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 176.1%
Financials: ten years from the 10-Ks
Revenue
$100.0M
+19.4% a year over 5 years
FY2020FY2025
Margins
Gross77.2%Operating-16.3%Net-21.5%
FY2025
FY2020FY2025
Free cash flow and owner earnings
Free cash flow-$11.3MOwner earnings-$22.4M
FY2025
FY2020FY2025
Diluted shares
32.7M
+15935.1% over 5 years, net dilution
FY2020FY2025
Net cash
$2.2M
$2.2M more cash than debt
FY2020FY2025
Every figure, year by year
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| The business | ||||||
| Revenue | $41.1M | $45.2M | $45.5M | $65.4M | $79.9M | $100.0M |
| Revenue growth | – | 9.8% | 0.7% | 43.7% | 22.1% | 25.1% |
| Gross margin | 73.6% | 74.0% | 71.4% | 73.6% | 73.9% | 77.2% |
| Operating margin | -31.7% | -52.5% | -89.6% | -41.5% | -27.1% | -16.3% |
| Net income | -$24.3M | -$36.1M | -$47.1M | -$33.0M | -$27.1M | -$21.5M |
| Net margin | -59.0% | -79.9% | -103.4% | -50.4% | -34.0% | -21.5% |
| Diluted EPS | $-117.85 | $-2.17 | $-1.91 | $-1.27 | $-0.93 | $-0.66 |
| Return on invested capital? | – | – | – | – | – | – |
| Cash | ||||||
| Operating cash flow | -$21.6M | -$24.6M | -$36.9M | -$19.7M | -$17.9M | -$11.0M |
| Capital expenditure | $62.0K | $384.0K | $603.0K | $173.0K | $306.0K | $332.0K |
| Free cash flow | -$21.7M | -$25.0M | -$37.5M | -$19.9M | -$18.3M | -$11.3M |
| Stock-based compensation | $1.4M | $4.3M | $8.3M | $9.6M | $10.3M | $11.1M |
| Owner earnings? | -$23.1M | -$29.2M | -$45.8M | -$29.4M | -$28.5M | -$22.4M |
| Free cash flow per share | $-106.19 | $-1.50 | $-1.52 | $-0.77 | $-0.63 | $-0.35 |
| Capital allocation | ||||||
| Dividends paid | – | – | – | – | – | – |
| Share repurchases | – | – | – | – | $0 | $49.5M |
| Diluted shares | 204,068 | 16.6M | 24.6M | 25.9M | 29.1M | 32.7M |
| Share count change? | – | 8038.9% | 48.1% | 5.1% | 12.7% | 12.3% |
| Balance sheet | ||||||
| Cash and equivalents | $26.4M | $19.2M | $6.6M | $18.1M | $13.4M | $21.7M |
| Short-term investments | $11.7M | $96.4M | $70.8M | $48.4M | $39.3M | $39.4M |
| Total debt | $52.9M | $49.8M | $52.9M | $57.0M | $59.5M | $58.9M |
| Net debt | $14.8M | -$65.7M | -$24.5M | -$9.5M | $6.8M | -$2.2M |
| Shareholders' equity | -$147.8M | $73.5M | $34.8M | $20.7M | $8.0M | $19.0M |
Latest filings
| 2026-08-11 | 10-Q | Quarterly report |
| 2026-08-11 | 8-K | Earnings release |
| 2026-05-12 | 10-Q | Quarterly report |
| 2026-05-12 | 8-K | Earnings release |
| 2026-04-21 | DEF 14A | Proxy statement |
| 2026-03-03 | 10-K | Annual report |
| 2026-03-03 | 8-K | Earnings release |
| 2025-11-04 | 10-Q | Quarterly report |
| 2025-11-04 | 8-K | Earnings release |
| 2025-08-12 | 10-Q | Quarterly report |
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