Flagship explainer

How NEUROPACE, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$100M · 100%Cost of revenue$22.8M · 23%Gross profit$77.2M · 77%Operating income−$16.3M · −16%Income before tax−$21.5M · −21%Income tax$0 · 0%Net income−$21.5M · −21%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$100M100%
Cost of revenue$22.8M23%
$77.2M77%
−$16.3M−16%
Income before tax−$21.5M−21%
Income tax$00%
−$21.5M−21%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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