NPCE

Neuropace Inc Health Care Surgical & Medical Instruments & Apparatus Russell 3000
$12.30Close $413.0MMarket cap $9.40 – $19.2952-week range Nov 3, 2026Next report

Highlights

Cautions

  • Not in an uptrend 2 of 8 trend conditions
  • Lagging the market RS 29 · weaker than 71% of stocks over 12 months
  • Far from its high 36% below its 52-week high
  • Results soon Nov 3, 2026, in 2 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 11, 2026
Off 12-month high 36%
1wk down 4.7% price change
1mo down 10.6% price change
12-month return up 25% market up 11% · its own up 11%
F-score 4 / 9 Weak
Altman Z -3.16 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 21.7× price / book
Earnings yield down 3.6% EBIT / enterprise value
Cheaper than 12% of the market · expensive
Revenue growth up 25% year on year
EPS growth — latest quarter
Sales growth up 17% latest quarter · +19 pts
ROE down 159% return on equity
Free cash margin down 11% -$11.3M FCF
D/E 3.09 long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest
Piotroski tests
  • not yet profitable on its assets
  • operating cash flow is negative
  • took on more long-term debt
  • short-term liquidity weakened
  • issued more shares
  • profitability improving
  • profits backed by cash
  • gross margin widened
  • assets working harder

Repair signals

  • Gross margin 73.9% → 77.2%

Trade setup

ATR% 4.7% $0.57 a day · 2×ATR $11.15
RS 29 / 99 vs the universe
Trend 2 / 8 trend template
Relative volume 0.7× vs 50-day average
Up/down volume 1.24 50 sessions
Implied move — no option chain · report Nov 3, 2026
Trend template · 2 of 8
  • 150-day average above the 200-day: passes
  • At least 30% above the 52-week low: passes

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Shareholders diluted The share count rose 11.4% over the year, from 30m to 34m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Aug 11, 2026
Results reaction Aug 11, 2026-2% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $100.0M +25% on FY2024
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $41.1M FY2021 · $45.2M FY2022 · $45.5M FY2023 · $65.4M FY2024 · $79.9M FY2025 · $100.0M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$21.5M
-$50M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$24.3M FY2021 · -$36.1M FY2022 · -$47.1M FY2023 · -$33.0M FY2024 · -$27.1M FY2025 · -$21.5M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$11.3M
-$50M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$21.7M FY2021 · -$25.0M FY2022 · -$37.5M FY2023 · -$19.9M FY2024 · -$18.3M FY2025 · -$11.3M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 77%
  • Net -21%
  • Free cash -11%
-200% 0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 74% · Net -59% · Free cash -53% FY2021 · Gross 74% · Net -80% · Free cash -55% FY2022 · Gross 71% · Net -103% · Free cash -82% FY2023 · Gross 74% · Net -50% · Free cash -30% FY2024 · Gross 74% · Net -34% · Free cash -23% FY2025 · Gross 77% · Net -21% · Free cash -11%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $37.2M net debt
  • Cash
  • Long-term debt
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $26.4M · Long-term debt $50.8M FY2021 · Cash $19.2M · Long-term debt $49.8M FY2022 · Cash $6.6M · Long-term debt $52.9M FY2023 · Cash $18.1M · Long-term debt $57.0M FY2024 · Cash $13.4M · Long-term debt $59.5M FY2025 · Cash $21.7M · Long-term debt $58.9M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 33.57m +10589.3% since FY2020
33.57m 314.10k FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 314.10k FY2021 · 24.45m FY2022 · 25.05m FY2023 · 27.82m FY2024 · 30.15m FY2025 · 33.57m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $41.1M $45.2M $45.5M $65.4M $79.9M $100.0M
Gross margin 74% 74% 71% 74% 74% 77%
Operating income -$13.1M -$23.7M -$40.8M -$27.2M -$21.7M -$16.3M
Net income -$24.3M -$36.1M -$47.1M -$33.0M -$27.1M -$21.5M
Net margin -59% -80% -103% -50% -34% -21%
Earnings per share -$118.97 -$2.17 -$1.91 -$1.27 -$0.93 -$0.66
Free cash flow -$21.7M -$25.0M -$37.5M -$19.9M -$18.3M -$11.3M
Free cash margin -53% -55% -82% -30% -23% -11%
Cash $26.4M $19.2M $6.6M $18.1M $13.4M $21.7M
Long-term debt $50.8M $49.8M $52.9M $57.0M $59.5M $58.9M
Shareholders' equity -$147.8M $73.5M $34.8M $20.7M $8.0M $19.0M
Shares outstanding 314.10k 24.45m 25.05m 27.82m 30.15m 33.57m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 11, 2026 Quarterly ↗ Jun 30, 2026 42d
May 12, 2026 Quarterly ↗ Mar 31, 2026 42d
Mar 3, 2026 Annual ↗ Dec 31, 2025 62d
Nov 4, 2025 Quarterly ↗ Sep 30, 2025 35d
Aug 12, 2025 Quarterly ↗ Jun 30, 2025 43d
May 13, 2025 Quarterly ↗ Mar 31, 2025 43d
Mar 4, 2025 Annual ↗ Dec 31, 2024 63d
Nov 12, 2024 Quarterly ↗ Sep 30, 2024 43d
Aug 13, 2024 Quarterly ↗ Jun 30, 2024 44d
May 8, 2024 Quarterly ↗ Mar 31, 2024 38d
Mar 5, 2024 Annual ↗ Dec 31, 2023 65d
Nov 6, 2023 Quarterly ↗ Sep 30, 2023 37d

Current reports