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Other financials

Income statement

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Revenue$22.8M+17.1%
Gross profit$18.9M+16.6%
Operating income-$5.1M+37.2%
Net income-$6.2M+28.3%
EPS (diluted)-$0.18+30.8%

Balance sheet

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Cash & equivalents$12.8M-44.4%
Total debt$69.9M-2.2%
Total equity$11.9M-38.9%
Total assets$97.0M-8.6%

Cash flow

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Operating cash flow-$3.9M-87.1%
Free cash flow-$4.0M-78.7%

Valuation

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Market cap$505.61M+73.4%
Enterprise value$562.76M+65.5%
P/S5.1×+1.7×

Profitability

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Gross margin79.6%+2.6pp
Operating margin-15.3%-4.3pp
Net margin-19.3%-5.2pp
FCF margin-12.2%-3.3pp

Returns & leverage

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Return on equity-122.1%-28.9pp
Debt / equity5.9×+2.2×
Current ratio4.9×-0.5×

Where this comes from

Reported directly by Neuropace, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Neuropace, Inc.’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 4:33 PM EDT
Fiscal quarter
Q4 FY2030
Calendar quarter
Q4 2030
Accession
0001528287-26-000030
(in thousands)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating lease liabilities(1,036)(911)
Net cash used in operating activities(9,803)(9,568)
Cash flows from investing activities
Acquisition of property and equipment(242)(205)
Net cash used in investing activities(242)(205)
Cash flows from financing activities
Proceeds from issuance of common stock in follow-on offering, net of underwriting discounts and commissions69,704
Repurchase of common stock from KCK Ltd.(49,546)

Item 1. Financial Statements (Unaudited)

FAQ

What is Neuropace, Inc.'s capex?
Neuropace, Inc. (NPCE) reported capex of $125K in Q2 2026.
How has Neuropace, Inc.'s capex changed year-over-year?
Neuropace, Inc.'s capex decreased by 25.6% year-over-year, from $168K to $125K.
What is the long-term trend for Neuropace, Inc.'s capex?
Over 4 years (2021 to 2025), Neuropace, Inc.'s capex has grown at a -3.6% compound annual growth rate (CAGR), from $384K to $332K.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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