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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%
CapEx$125.0K-25.6%
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:ResearchAndDevelopmentExpense.

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, except for share and per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Gross profit18,90616,21336,91731,344
Operating expenses:
Sales and marketing12,12411,48923,70721,894
Research and development6,8986,84514,08714,285
General and administrative5,0276,0689,87110,114
Total operating expenses24,04924,40247,66546,293
Loss from continuing operations(5,143)(8,189)(10,748)(14,949)
Interest income5237181,0881,511

Item 1. Financial Statements (Unaudited)

FAQ

What is Neuropace, Inc.'s R&D?
Neuropace, Inc. (NPCE) reported R&D of $6.9M in Q2 2026.
How has Neuropace, Inc.'s R&D changed year-over-year?
Neuropace, Inc.'s R&D increased by 0.8% year-over-year, from $6.85M to $6.9M.
What is the long-term trend for Neuropace, Inc.'s R&D?
Over 4 years (2021 to 2025), Neuropace, Inc.'s R&D has grown at a 11.2% compound annual growth rate (CAGR), from $18.21M to $27.89M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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