6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $100M | -$21M | 77.2% | -16.3% | -$11M | $59M | $22M |
| 2024 | $80M | -$27M | 73.9% | -27.1% | -$18M | $60M | $13M |
| 2023 | $65M | -$33M | 73.6% | -41.5% | -$20M | $57M | $18M |
| 2022 | $46M | -$47M | 71.4% | -89.6% | -$37M | $53M | $7M |
| 2021 | $45M | -$36M | 74.0% | -52.5% | -$25M | $50M | $19M |
| 2020 | $41M | -$24M | 73.6% | -31.7% | -$22M | $53M | $26M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $22M | -$7M | 81.8% | -25.2% | -$6M | $59M | $15M |
| Dec '25 | $27M | -$3M | 77.4% | -6.6% | $409000 | $59M | $22M |
| Sep '25 | $27M | -$3M | 77.4% | -9.5% | -$2M | $59M | $21M |
| Jun '25 | $24M | -$9M | 77.1% | -29.0% | -$2M | $59M | $23M |
| Mar '25 | $23M | -$7M | 77.0% | -22.9% | -$8M | $60M | $27M |
| Dec '24 | $21M | -$5M | 75.4% | -17.0% | -$5M | $60M | $13M |
| Sep '24 | $21M | -$5M | 73.2% | -20.1% | -$2M | $59M | $15M |
| Jun '24 | $19M | -$8M | 73.4% | -32.4% | -$4M | $59M | $13M |
| Mar '24 | $18M | -$9M | 73.6% | -41.6% | -$8M | $58M | $13M |
| Dec '23 | $18M | -$6M | 75.2% | -28.0% | -$3M | $57M | $18M |
| Sep '23 | $16M | -$7M | 74.5% | -36.2% | -$2M | $56M | $10M |
| Jun '23 | $17M | -$9M | 72.5% | -47.6% | -$4M | $55M | $8M |
| Mar '23 | $14M | -$10M | 71.7% | -57.5% | -$10M | $54M | $7M |
| Dec '22 | $13M | -$11M | 68.8% | -77.1% | -$8M | $53M | $7M |
| Sep '22 | $11M | -$12M | 71.4% | -91.4% | -$7M | $52M | $6M |
| Jun '22 | $10M | -$13M | 73.2% | -107.6% | -$11M | $51M | $6M |
| Mar '22 | $11M | -$11M | 72.6% | -85.8% | -$12M | $50M | $7M |
| Dec '21 | $11M | -$11M | 73.4% | -82.0% | -$8M | $50M | $19M |
| Sep '21 | $10M | -$8M | 72.6% | -60.4% | -$5M | $50M | $27M |
| Jun '21 | $13M | -$8M | 74.1% | -36.5% | -$6M | $49M | $31M |
How the market has priced NPCE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, NeuroPace Inc's revenue has grown 19.4% per year. These are computed facts, not advice.
As of FY2025, NeuroPace Inc reported $59M of total debt against $22M of cash; operating income covered interest expense -2.2×.
In FY2025, gross margin was 77.2%, operating margin -16.3%, and net margin -21.5%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.