NASDAQ$NPCE

Neuropace Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Neuropace Inc reported Q2 2025 revenue growth to $23.5 million alongside a net loss of $8.7 million.

NeuroPace reported revenue of $23.5 million for the three months ended June 30, 2025, up 22% year-over-year, driven by increased RNS System unit sales and DIXI Medical product distribution. The company recorded a net loss of $8.7 million and an operating loss of $6.8 million, reflecting continued investments in commercial expansion and R&D. Cash and cash equivalents stood at $22.9 million with total assets of $106.1 million at quarter end.

  • Q2 revenue reached $23.5 million, a 22% increase from $19.3 million in Q2 2024, primarily from higher RNS System volumes.
  • Gross margin improved to 77.1% from 73.4% year-over-year due to production efficiencies and volume leverage.
  • Net loss widened to $8.7 million from $7.5 million, impacted by higher operating expenses and a $0.5 million debt extinguishment loss.
  • Company completed follow-on offering and debt refinancing, ending quarter with $62.1 million in cash and short-term investments.

Headline financials

Total Revenue

$23.5M

Previous: $19.3M+22.1%
EPS (adj)

-$0.26

Previous: -$0.26+0.0%
Capital Expenditures

-$205K

Previous: -$167K-22.8%
Net Income

-$8.65M

Previous: -$7.51M-15.1%
Operating Income

-$6.82M

Previous: -$6.23M-9.5%
Gross Profit

$18.1M

Previous: $14.1M+28.3%
Cash & Equivalents

$22.9M

Previous: $12.8M+78.0%
Total Assets

$106M

Previous: $94.4M+12.4%

Revenue & EPS history

Neuropace · Revenue · Quarterly

$23.5M

Q2 2025+22.1%vs Q2 2024
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Neuropace · $1.6M total across 1 segment · Q4 2022

  • DIXI Medical
    $1.6M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-0.7%

Avg return

Earnings day

-1.0%

Avg return

5 days after

-0.0%

Avg return

30 days after

50%

12 / 24 earnings

Positive

+37.4%

Q3 2025

Best reaction

-40.1%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+0.6%-1.8%+0.8%
Q4 2025+1.1%+1.6%+5.9%
Q3 2025+37.4%+43.1%+74.5%
Q1 2025+21.6%+31.3%-14.5%
Q4 2024-2.4%-15.8%+2.6%
Q3 2024+25.7%+23.4%+49.9%
Q2 2024-1.9%-0.4%+4.8%
Q1 2024-40.1%-35.9%-51.4%
Q4 2023+0.8%+2.5%-8.4%
Q3 2023-1.4%+9.5%+14.6%
Q2 2023+9.8%+9.8%+103.4%
Q1 2023+1.9%-3.5%-15.4%
Q4 2022-13.3%-7.8%-1.9%
Q3 2022-9.9%-17.6%-29.6%
Q2 2022-3.5%-10.2%-26.6%
Q1 2022+1.2%-3.6%-3.8%
Q4 2021-0.9%-7.7%-1.2%
Q3 2021-15.2%-22.2%-47.7%
Q3 2020-15.2%-22.2%-47.7%
Q2 2020-7.6%-10.7%-8.0%
Q2 2021-7.6%-10.7%-8.0%
Q1 2020+0.8%+8.7%+2.2%
Q1 2021+0.8%+8.7%+2.2%
Q4 2020+0.8%+8.7%+2.2%

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