NeuroPace, Inc. (NPCE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 22.07M | 26.59M | 27.35M | 23.52M | 22.52M | 21.47M | 21.06M | 19.26M | 18.12M | 18.01M | 16.43M | 16.51M | 14.47M | 12.79M | 11.16M | 10.2M | 11.37M | 11M | 10.34M | 12.63M |
| Revenue Growth % | -2.02% | 23.86% | 29.89% | 22.14% | 24.28% | 19.18% | 28.2% | 16.63% | 25.23% | 40.84% | 47.23% | 61.86% | 27.24% | 16.3% | 7.91% | -19.24% | 1.4% | 2.28% | - | - |
| Cost of Goods Sold | 4.02M | 6.01M | 6.19M | 5.39M | 5.18M | 5.28M | 5.64M | 5.12M | 4.78M | 4.47M | 4.19M | 4.54M | 4.1M | 3.99M | 3.19M | 2.73M | 3.12M | 2.92M | 2.83M | 3.27M |
| COGS % of Revenue | 18.22% | 22.6% | 22.61% | 22.91% | 23.01% | 24.59% | 26.78% | 26.6% | 26.38% | 24.8% | 25.53% | 27.49% | 28.33% | 31.17% | 28.61% | 26.8% | 27.39% | 26.56% | 27.39% | 25.9% |
| Gross Profit | 18.05M | 20.58M | 21.17M | 18.13M | 17.34M | 16.19M | 15.42M | 14.13M | 13.34M | 13.54M | 12.23M | 11.97M | 10.37M | 8.8M | 7.96M | 7.47M | 8.26M | 8.08M | 7.51M | 9.36M |
| Gross Margin % | 81.78% | 77.4% | 77.39% | 77.09% | 76.99% | 75.41% | 73.22% | 73.4% | 73.62% | 75.2% | 74.47% | 72.51% | 71.67% | 68.83% | 71.39% | 73.2% | 72.61% | 73.44% | 72.61% | 74.1% |
| Gross Profit Growth % | 4.07% | 27.12% | 37.28% | 28.29% | 29.97% | 19.51% | 26.05% | 18.06% | 28.64% | 53.87% | 53.58% | 60.35% | 25.58% | 9% | 6.1% | -20.23% | -2.76% | -1.74% | - | - |
| Operating Expenses | 23.62M | 22.34M | 23.77M | 24.96M | 22.49M | 19.84M | 19.66M | 20.36M | 20.89M | 18.6M | 18.18M | 19.83M | 18.69M | 18.66M | 18.16M | 18.44M | 18.02M | 17.09M | 13.75M | 13.96M |
| OpEx % of Revenue | 107.01% | 84.04% | 86.89% | 106.11% | 99.84% | 92.43% | 93.37% | 105.75% | 115.25% | 103.24% | 110.69% | 120.08% | 129.15% | 145.92% | 162.8% | 180.78% | 158.44% | 155.42% | 132.99% | 110.56% |
| Selling, General & Admin | 16.43M | 15.32M | 17.19M | 18.11M | 15.05M | 13.79M | 13.91M | 14.3M | 15.1M | 13.22M | 13.39M | 14.48M | 13.43M | 13.57M | 12.55M | 12.77M | 12.44M | 11.75M | 9.42M | 9.53M |
| SG&A % of Revenue | 74.44% | 57.61% | 62.85% | 77% | 66.81% | 64.25% | 66.04% | 74.26% | 83.34% | 73.39% | 81.5% | 87.72% | 92.79% | 106.13% | 112.51% | 125.21% | 109.41% | 106.81% | 91.12% | 75.43% |
| Research & Development | 7.19M | 7.03M | 6.58M | 6.84M | 7.44M | 6.05M | 5.75M | 6.07M | 5.78M | 5.38M | 4.79M | 5.34M | 5.26M | 5.09M | 5.61M | 5.67M | 5.58M | 5.34M | 4.33M | 4.44M |
| R&D % of Revenue | 32.58% | 26.43% | 24.04% | 29.1% | 33.03% | 28.18% | 27.32% | 31.5% | 31.91% | 29.85% | 29.19% | 32.36% | 36.37% | 39.79% | 50.29% | 55.58% | 49.03% | 48.6% | 41.87% | 35.13% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -5.57M | -1.77M | -2.6M | -6.82M | -5.15M | -3.65M | -4.24M | -6.23M | -7.54M | -5.05M | -5.95M | -7.85M | -8.32M | -9.86M | -10.2M | -10.97M | -9.76M | -9.02M | -6.24M | -4.61M |
| Operating Margin % | -25.23% | -6.65% | -9.5% | -29.01% | -22.85% | -17.02% | -20.15% | -32.35% | -41.63% | -28.04% | -36.22% | -47.57% | -57.48% | -77.09% | -91.41% | -107.59% | -85.83% | -81.98% | -60.38% | -36.46% |
| Operating Income Growth % | -8.18% | 51.63% | 38.72% | -9.53% | 31.78% | 27.68% | 28.69% | 20.68% | 9.3% | 48.77% | 41.66% | 28.43% | 14.78% | -9.36% | -63.37% | -138.31% | -151.99% | -202.42% | - | - |
| EBITDA | -5.05M | -1.25M | -2.55M | -6.35M | -4.68M | -3.2M | -3.79M | -5.79M | -7.12M | -4.64M | -5.55M | -7.45M | -7.92M | -9.11M | -9.46M | -10.23M | -9.01M | -8.94M | -6.17M | -4.54M |
| EBITDA Margin % | -22.91% | -4.68% | -9.31% | -26.99% | -20.8% | -14.92% | -18.01% | -30.05% | -39.3% | -25.77% | -33.8% | -45.13% | -54.75% | -71.21% | -84.79% | -100.29% | -79.22% | -81.26% | -59.66% | -35.92% |
| EBITDA Growth % | -7.9% | 61.12% | 32.86% | -9.7% | 34.22% | 31.02% | 31.7% | 22.35% | 10.12% | 49.03% | 41.31% | 27.17% | 12.05% | -1.91% | -53.37% | -125.48% | -137.11% | -207.08% | - | - |
| D&A (Non-Cash Add-back) | 513K | 522K | 54K | 477K | 462K | 451K | 451K | 444K | 423K | 409K | 398K | 403K | 395K | 752K | 739K | 744K | 752K | 79K | 75K | 68K |
| EBIT | -5.57M | -1.77M | -2.52M | -6.59M | -5.15M | -3.06M | -3.27M | -5.35M | -6.67M | -3.96M | -5.07M | -7M | -8.41M | -9.21M | -9.88M | -10.84M | -9.63M | -8.83M | -6.26M | -6.62M |
| Net Interest Income | -956K | -962K | -978K | -1.34M | -1.36M | -1.51M | -1.43M | -1.4M | -1.43M | -1.41M | -1.42M | -1.39M | -1.24M | -1.14M | -1.48M | -1.63M | -1.7M | -1.68M | -1.69M | -1.77M |
| Interest Income | 565K | 638K | 0 | 718K | 793K | 681K | 754K | 762K | 827K | 822K | 769K | 733K | 726K | 800K | 423K | 221K | 134K | 186K | 136K | 100K |
| Interest Expense | 1.52M | 1.6M | 978K | 2.06M | 2.15M | 2.19M | 2.18M | 2.17M | 2.26M | 2.24M | 2.19M | 2.13M | 1.97M | 1.94M | 1.91M | 1.85M | 1.83M | 1.86M | 1.83M | 1.87M |
| Other Income/Expense | -1.12M | -962K | -896K | -1.83M | -1.44M | -1.6M | -1.21M | -1.28M | -1.38M | -1.15M | -1.31M | -1.27M | -2.06M | -1.29M | -1.59M | -1.72M | -1.7M | -1.68M | -1.84M | -3.89M |
| Pretax Income | -6.69M | -2.73M | -3.5M | -8.65M | -6.59M | -5.25M | -5.45M | -7.51M | -8.93M | -6.2M | -7.26M | -9.12M | -10.38M | -11.15M | -11.79M | -12.69M | -11.46M | -10.69M | -8.08M | -8.49M |
| Pretax Margin % | -30.31% | -10.26% | -12.78% | -36.78% | -29.25% | -24.46% | -25.89% | -39.02% | -49.24% | -34.42% | -44.18% | -55.26% | -71.69% | -87.15% | -105.63% | -124.41% | -100.76% | -97.24% | -78.18% | -67.25% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -6.69M | -2.73M | -3.5M | -8.65M | -6.59M | -5.25M | -5.45M | -7.51M | -8.93M | -6.2M | -7.26M | -9.12M | -10.38M | -11.15M | -11.79M | -12.69M | -11.46M | -10.69M | -8.08M | -8.49M |
| Net Margin % | -30.31% | -10.26% | -12.78% | -36.78% | -29.25% | -24.46% | -25.89% | -39.02% | -49.24% | -34.42% | -44.18% | -55.26% | -71.69% | -87.15% | -105.63% | -124.41% | -100.76% | -97.24% | -78.18% | -67.25% |
| Net Income Growth % | -1.52% | 48.02% | 35.88% | -15.13% | 26.17% | 15.32% | 24.87% | 17.65% | 13.98% | 44.37% | 38.42% | 28.1% | 9.48% | -4.24% | -45.8% | -49.4% | -30.09% | -131.55% | - | - |
| Net Income (Continuing) | -6.69M | -2.73M | -3.5M | -8.65M | -6.59M | -5.25M | -5.45M | -7.51M | -8.93M | -6.2M | -7.26M | -9.12M | -10.38M | -11.15M | -11.79M | -12.69M | -11.46M | -10.69M | -8.08M | -8.49M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.20 | -0.08 | -0.11 | -0.26 | -0.21 | -0.18 | -0.19 | -0.26 | -0.32 | -0.24 | -0.28 | -0.36 | -0.41 | -0.45 | -0.48 | -0.52 | -0.47 | -0.44 | -0.34 | -0.48 |
| EPS Growth % | 4.76% | 54.61% | 42.11% | 0% | 34.38% | 25% | 32.14% | 27.78% | 21.95% | 46.67% | 41.67% | 30.77% | 12.77% | -2.27% | -41.18% | -8.33% | -17.5% | - | - | - |
| EPS (Basic) | -0.20 | -0.08 | -0.11 | -0.26 | -0.21 | -0.18 | -0.19 | -0.26 | -0.32 | -0.24 | -0.28 | -0.36 | -0.41 | -0.45 | -0.48 | -0.52 | -0.47 | -0.44 | -0.34 | -0.48 |
| Diluted Shares Outstanding | 33.72M | 32.72M | 33.13M | 32.86M | 31.48M | 29.91M | 29.44M | 28.85M | 28.29M | 25.93M | 26.02M | 25.47M | 25.1M | 24.83M | 24.73M | 24.5M | 24.31M | 24.17M | 24.1M | 17.55M |
| Basic Shares Outstanding | 33.72M | 32.72M | 33.13M | 32.86M | 31.48M | 29.91M | 29.44M | 28.85M | 28.29M | 25.93M | 26.02M | 25.47M | 25.1M | 24.83M | 24.73M | 24.5M | 24.31M | 24.17M | 24.1M | 17.55M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |