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Side-by-side financial comparison of CTO Realty Growth, Inc. (CTO) and NeuroPace Inc (NPCE). Click either name above to swap in a different company.

CTO Realty Growth, Inc. is the larger business by last-quarter revenue ($41.2M vs $26.6M, roughly 1.5× NeuroPace Inc). CTO Realty Growth, Inc. runs the higher net margin — 15.1% vs -10.3%, a 25.3% gap on every dollar of revenue. On growth, NeuroPace Inc posted the faster year-over-year revenue change (23.9% vs 15.0%). Over the past eight quarters, NeuroPace Inc's revenue compounded faster (21.1% CAGR vs 19.5%).

Keller Williams Realty is an American technology and international real estate franchise with headquarters in Austin, Texas. It is the largest real estate franchise in the United States by sales volume as of 2022.

NeuroPace Inc is a medical technology company focused on developing and commercializing innovative implantable neurostimulation systems to treat neurological disorders, primarily drug-resistant epilepsy. Its core RNS System delivers personalized responsive stimulation to reduce seizure frequency, serving patients across North America and select global markets via partnerships with healthcare providers.

CTO vs NPCE — Head-to-Head

Bigger by revenue
CTO
CTO
1.5× larger
CTO
$41.2M
$26.6M
NPCE
Growing faster (revenue YoY)
NPCE
NPCE
+8.9% gap
NPCE
23.9%
15.0%
CTO
Higher net margin
CTO
CTO
25.3% more per $
CTO
15.1%
-10.3%
NPCE
Faster 2-yr revenue CAGR
NPCE
NPCE
Annualised
NPCE
21.1%
19.5%
CTO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CTO
CTO
NPCE
NPCE
Revenue
$41.2M
$26.6M
Net Profit
$6.2M
$-2.7M
Gross Margin
77.4%
Operating Margin
175.0%
-6.6%
Net Margin
15.1%
-10.3%
Revenue YoY
15.0%
23.9%
Net Profit YoY
174.4%
48.0%
EPS (diluted)
$0.13
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTO
CTO
NPCE
NPCE
Q1 26
$41.2M
Q4 25
$38.3M
$26.6M
Q3 25
$37.8M
$27.4M
Q2 25
$37.6M
$23.5M
Q1 25
$35.8M
$22.5M
Q4 24
$35.7M
$21.5M
Q3 24
$31.8M
$21.1M
Q2 24
$28.8M
$19.3M
Net Profit
CTO
CTO
NPCE
NPCE
Q1 26
$6.2M
Q4 25
$28.3M
$-2.7M
Q3 25
$2.9M
$-3.5M
Q2 25
$-23.4M
$-8.7M
Q1 25
$2.3M
$-6.6M
Q4 24
$-15.2M
$-5.3M
Q3 24
$6.2M
$-5.5M
Q2 24
$1.2M
$-7.5M
Gross Margin
CTO
CTO
NPCE
NPCE
Q1 26
Q4 25
75.0%
77.4%
Q3 25
75.4%
77.4%
Q2 25
73.0%
77.1%
Q1 25
75.2%
77.0%
Q4 24
74.4%
75.4%
Q3 24
74.4%
73.2%
Q2 24
71.1%
73.4%
Operating Margin
CTO
CTO
NPCE
NPCE
Q1 26
175.0%
Q4 25
75.1%
-6.6%
Q3 25
26.6%
-9.5%
Q2 25
-33.7%
-29.0%
Q1 25
22.0%
-22.9%
Q4 24
-20.4%
-17.0%
Q3 24
15.6%
-20.1%
Q2 24
18.8%
-32.4%
Net Margin
CTO
CTO
NPCE
NPCE
Q1 26
15.1%
Q4 25
73.9%
-10.3%
Q3 25
7.7%
-12.8%
Q2 25
-62.2%
-36.8%
Q1 25
6.3%
-29.3%
Q4 24
-42.6%
-24.5%
Q3 24
19.6%
-25.9%
Q2 24
4.1%
-39.0%
EPS (diluted)
CTO
CTO
NPCE
NPCE
Q1 26
$0.13
Q4 25
$0.81
$-0.08
Q3 25
$0.03
$-0.11
Q2 25
$-0.77
$-0.26
Q1 25
$0.01
$-0.21
Q4 24
$-0.69
$-0.16
Q3 24
$0.17
$-0.19
Q2 24
$-0.03
$-0.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTO
CTO
NPCE
NPCE
Cash + ST InvestmentsLiquidity on hand
$8.3M
$61.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$575.4M
$19.0M
Total Assets
$1.3B
$105.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTO
CTO
NPCE
NPCE
Q1 26
$8.3M
Q4 25
$6.5M
$61.1M
Q3 25
$9.3M
$60.0M
Q2 25
$8.6M
$62.1M
Q1 25
$8.4M
$66.3M
Q4 24
$9.0M
$52.8M
Q3 24
$8.2M
$56.8M
Q2 24
$4.8M
$55.5M
Total Debt
CTO
CTO
NPCE
NPCE
Q1 26
Q4 25
$616.3M
Q3 25
$604.2M
Q2 25
$605.4M
Q1 25
$602.2M
Q4 24
$519.0M
Q3 24
$526.8M
Q2 24
$482.7M
Stockholders' Equity
CTO
CTO
NPCE
NPCE
Q1 26
$575.4M
Q4 25
$567.3M
$19.0M
Q3 25
$557.3M
$18.5M
Q2 25
$574.1M
$19.4M
Q1 25
$593.9M
$24.3M
Q4 24
$612.8M
$8.0M
Q3 24
$595.8M
$9.8M
Q2 24
$491.8M
$9.9M
Total Assets
CTO
CTO
NPCE
NPCE
Q1 26
$1.3B
Q4 25
$1.3B
$105.6M
Q3 25
$1.2B
$107.3M
Q2 25
$1.2B
$106.1M
Q1 25
$1.2B
$110.2M
Q4 24
$1.2B
$94.6M
Q3 24
$1.2B
$96.3M
Q2 24
$1.0B
$94.4M
Debt / Equity
CTO
CTO
NPCE
NPCE
Q1 26
Q4 25
1.09×
Q3 25
1.08×
Q2 25
1.05×
Q1 25
1.01×
Q4 24
0.85×
Q3 24
0.88×
Q2 24
0.98×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTO
CTO
NPCE
NPCE
Operating Cash FlowLast quarter
$506.0K
Free Cash FlowOCF − Capex
$409.0K
FCF MarginFCF / Revenue
1.5%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-11.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTO
CTO
NPCE
NPCE
Q1 26
Q4 25
$64.6M
$506.0K
Q3 25
$25.5M
$-1.9M
Q2 25
$21.9M
$-2.1M
Q1 25
$10.3M
$-7.5M
Q4 24
$59.9M
$-4.8M
Q3 24
$21.2M
$-1.7M
Q2 24
$12.9M
$-3.9M
Free Cash Flow
CTO
CTO
NPCE
NPCE
Q1 26
Q4 25
$409.0K
Q3 25
$-2.0M
Q2 25
$-2.3M
Q1 25
$-7.5M
Q4 24
$-4.8M
Q3 24
$-1.8M
Q2 24
$-4.0M
FCF Margin
CTO
CTO
NPCE
NPCE
Q1 26
Q4 25
1.5%
Q3 25
-7.2%
Q2 25
-9.6%
Q1 25
-33.4%
Q4 24
-22.5%
Q3 24
-8.7%
Q2 24
-20.6%
Capex Intensity
CTO
CTO
NPCE
NPCE
Q1 26
Q4 25
0.4%
Q3 25
0.1%
Q2 25
0.7%
Q1 25
0.2%
Q4 24
0.2%
Q3 24
0.5%
Q2 24
0.3%
Cash Conversion
CTO
CTO
NPCE
NPCE
Q1 26
Q4 25
2.28×
Q3 25
8.75×
Q2 25
Q1 25
4.56×
Q4 24
Q3 24
3.40×
Q2 24
10.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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