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Companies / Health Care / NeuroPace Inc
NPCE

NeuroPace Inc

Health CareSurgical & Medical Instruments
Ticker NPCEMOUNTAIN VIEW, CAFiscal year ends DecemberBook value per share $0.35Diluted shares 33.9M

NeuroPace, Inc. (Nasdaq: NPCE) develops and sells medical devices for people with epilepsy, with its business focused on the RNS System, a brain-responsive neuromodulation system for adults with drug-resistant focal epilepsy in the United States. The implanted system monitors brain activity, detects patient-specific… From the company’s description.

Over the twelve months to Jun 30, 2026, NeuroPace Inc reported revenue of $98.77M, up 11.5% from a year earlier, and a net loss of $19.11M. Its operating margin was −15.3%, and operations used $11.24M in cash. In fiscal 2025, it reported revenue of $99.99M, up 25.1% from fiscal 2024, and a net loss of $21.46M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$99.99MFY2025
+25.1% year over year
Last 12 mo $98.77M
-16.34%FY2025
+10.8 percentage points
Last 12 mo -15.30%
$-21.46MFY2025
+20.9% year over year
Last 12 mo $-19.11M
-112.79%FY2025
+225.9 percentage points
Last 12 mo -160.85%
Cash & financing
$-11.01MFY2025
+38.7% year over year
Last 12 mo $-11.24M
$-11.34MFY2025
+37.9% year over year
Last 12 mo $-11.61M
3.09FY2025
Was 7.43× a year earlier
Last 12 mo 4.97
32.7MFY2025
+12.3% year over year
Last 12 mo 33.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What NeuroPace Inc does

In the company’s own words

NeuroPace, Inc. (Nasdaq: NPCE) develops and sells medical devices for people with epilepsy, with its business focused on the RNS System, a brain-responsive neuromodulation system for adults with drug-resistant focal epilepsy in the United States. The implanted system monitors brain activity, detects patient-specific patterns associated with seizures, and delivers targeted electrical stimulation; it also records brain data that clinicians can review in person or remotely to guide care. The system includes an implanted neurostimulator and leads, patient monitoring equipment, clinician programming tools, and software platforms for data management and patient reporting. Its customers include hospitals and epilepsy centers, as well as prescribing epileptologists and implanting neurosurgeons; patients receive the device through clinical care. NeuroPace also pursues studies of potential expanded uses, including generalized epilepsy and treatment of patients under 18. As of December 31, 2025, more than 8,000 patients had received the system, and its database contained over 22 million brain activity records. Its website is www.neuropace.com.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
MOUNTAIN VIEW, CA
Fiscal year end
December
CIK
1528287
SIC
3841

Financial performance, year by year

Fiscal 2021–2025 · USD
$-61.79M$-17.67M$26.45M$70.57M$114.69M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns NeuroPace Inc — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

112
funds hold it
0 of 35
superinvestors hold it
$80.93M
held by funds, at market
14.5%
of shares held by funds

Largest fund holders · NeuroPace Inc’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Fidelity Small Cap Growth Fund
FCPGX · Fidelity Securities Fund
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

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