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Side-by-side financial comparison of First Foundation Inc. (FFWM) and NeuroPace Inc (NPCE). Click either name above to swap in a different company.

First Foundation Inc. is the larger business by last-quarter revenue ($48.4M vs $26.6M, roughly 1.8× NeuroPace Inc). NeuroPace Inc runs the higher net margin — -10.3% vs -97.9%, a 87.6% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 23.9%). NeuroPace Inc produced more free cash flow last quarter ($409.0K vs $-35.2M). Over the past eight quarters, NeuroPace Inc's revenue compounded faster (21.1% CAGR vs -2.7%).

John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.

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.

FFWM vs NPCE — Head-to-Head

Bigger by revenue
FFWM
FFWM
1.8× larger
FFWM
$48.4M
$26.6M
NPCE
Growing faster (revenue YoY)
FFWM
FFWM
+397.8% gap
FFWM
421.7%
23.9%
NPCE
Higher net margin
NPCE
NPCE
87.6% more per $
NPCE
-10.3%
-97.9%
FFWM
More free cash flow
NPCE
NPCE
$35.6M more FCF
NPCE
$409.0K
$-35.2M
FFWM
Faster 2-yr revenue CAGR
NPCE
NPCE
Annualised
NPCE
21.1%
-2.7%
FFWM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FFWM
FFWM
NPCE
NPCE
Revenue
$48.4M
$26.6M
Net Profit
$-8.0M
$-2.7M
Gross Margin
77.4%
Operating Margin
-97.5%
-6.6%
Net Margin
-97.9%
-10.3%
Revenue YoY
421.7%
23.9%
Net Profit YoY
43.0%
48.0%
EPS (diluted)
$-0.09
$-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
FFWM
FFWM
NPCE
NPCE
Q4 25
$48.4M
$26.6M
Q3 25
$63.6M
$27.4M
Q2 25
$51.4M
$23.5M
Q1 25
$71.4M
$22.5M
Q4 24
$9.3M
$21.5M
Q3 24
$9.2M
$21.1M
Q2 24
$57.5M
$19.3M
Q1 24
$51.1M
$18.1M
Net Profit
FFWM
FFWM
NPCE
NPCE
Q4 25
$-8.0M
$-2.7M
Q3 25
$-146.3M
$-3.5M
Q2 25
$-7.7M
$-8.7M
Q1 25
$6.9M
$-6.6M
Q4 24
$-14.1M
$-5.3M
Q3 24
$-82.2M
$-5.5M
Q2 24
$3.1M
$-7.5M
Q1 24
$793.0K
$-8.9M
Gross Margin
FFWM
FFWM
NPCE
NPCE
Q4 25
77.4%
Q3 25
77.4%
Q2 25
77.1%
Q1 25
77.0%
Q4 24
75.4%
Q3 24
73.2%
Q2 24
73.4%
Q1 24
73.6%
Operating Margin
FFWM
FFWM
NPCE
NPCE
Q4 25
-97.5%
-6.6%
Q3 25
-92.7%
-9.5%
Q2 25
-21.1%
-29.0%
Q1 25
8.8%
-22.9%
Q4 24
-247.7%
-17.0%
Q3 24
-1276.7%
-20.1%
Q2 24
4.6%
-32.4%
Q1 24
-0.2%
-41.6%
Net Margin
FFWM
FFWM
NPCE
NPCE
Q4 25
-97.9%
-10.3%
Q3 25
-230.1%
-12.8%
Q2 25
-15.0%
-36.8%
Q1 25
9.7%
-29.3%
Q4 24
-152.2%
-24.5%
Q3 24
-896.9%
-25.9%
Q2 24
5.4%
-39.0%
Q1 24
1.6%
-49.2%
EPS (diluted)
FFWM
FFWM
NPCE
NPCE
Q4 25
$-0.09
$-0.08
Q3 25
$-1.78
$-0.11
Q2 25
$-0.09
$-0.26
Q1 25
$0.08
$-0.21
Q4 24
$-0.24
$-0.16
Q3 24
$-1.23
$-0.19
Q2 24
$0.05
$-0.26
Q1 24
$0.01
$-0.32

Balance Sheet & Financial Strength

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

Metric
FFWM
FFWM
NPCE
NPCE
Cash + ST InvestmentsLiquidity on hand
$1.6B
$61.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$912.6M
$19.0M
Total Assets
$11.9B
$105.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFWM
FFWM
NPCE
NPCE
Q4 25
$1.6B
$61.1M
Q3 25
$1.7B
$60.0M
Q2 25
$1.1B
$62.1M
Q1 25
$1.0B
$66.3M
Q4 24
$1.0B
$52.8M
Q3 24
$1.1B
$56.8M
Q2 24
$1.4B
$55.5M
Q1 24
$1.6B
$58.9M
Stockholders' Equity
FFWM
FFWM
NPCE
NPCE
Q4 25
$912.6M
$19.0M
Q3 25
$917.9M
$18.5M
Q2 25
$1.1B
$19.4M
Q1 25
$1.1B
$24.3M
Q4 24
$1.1B
$8.0M
Q3 24
$1.1B
$9.8M
Q2 24
$933.2M
$9.9M
Q1 24
$928.7M
$14.3M
Total Assets
FFWM
FFWM
NPCE
NPCE
Q4 25
$11.9B
$105.6M
Q3 25
$11.9B
$107.3M
Q2 25
$11.6B
$106.1M
Q1 25
$12.6B
$110.2M
Q4 24
$12.6B
$94.6M
Q3 24
$13.4B
$96.3M
Q2 24
$13.7B
$94.4M
Q1 24
$13.6B
$98.9M

Cash Flow & Capital Efficiency

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

Metric
FFWM
FFWM
NPCE
NPCE
Operating Cash FlowLast quarter
$-31.9M
$506.0K
Free Cash FlowOCF − Capex
$-35.2M
$409.0K
FCF MarginFCF / Revenue
-72.8%
1.5%
Capex IntensityCapex / Revenue
6.9%
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-45.9M
$-11.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFWM
FFWM
NPCE
NPCE
Q4 25
$-31.9M
$506.0K
Q3 25
$9.2M
$-1.9M
Q2 25
$-16.3M
$-2.1M
Q1 25
$-552.0K
$-7.5M
Q4 24
$-8.7M
$-4.8M
Q3 24
$14.2M
$-1.7M
Q2 24
$-9.1M
$-3.9M
Q1 24
$7.2M
$-7.5M
Free Cash Flow
FFWM
FFWM
NPCE
NPCE
Q4 25
$-35.2M
$409.0K
Q3 25
$8.6M
$-2.0M
Q2 25
$-16.7M
$-2.3M
Q1 25
$-2.5M
$-7.5M
Q4 24
$-11.4M
$-4.8M
Q3 24
$13.4M
$-1.8M
Q2 24
$-9.4M
$-4.0M
Q1 24
$5.9M
$-7.6M
FCF Margin
FFWM
FFWM
NPCE
NPCE
Q4 25
-72.8%
1.5%
Q3 25
13.5%
-7.2%
Q2 25
-32.4%
-9.6%
Q1 25
-3.5%
-33.4%
Q4 24
-123.5%
-22.5%
Q3 24
146.2%
-8.7%
Q2 24
-16.3%
-20.6%
Q1 24
11.6%
-42.1%
Capex Intensity
FFWM
FFWM
NPCE
NPCE
Q4 25
6.9%
0.4%
Q3 25
1.0%
0.1%
Q2 25
0.8%
0.7%
Q1 25
2.8%
0.2%
Q4 24
29.4%
0.2%
Q3 24
9.0%
0.5%
Q2 24
0.4%
0.3%
Q1 24
2.5%
0.6%
Cash Conversion
FFWM
FFWM
NPCE
NPCE
Q4 25
Q3 25
Q2 25
Q1 25
-0.08×
Q4 24
Q3 24
Q2 24
-2.96×
Q1 24
9.09×

Financial Flow Comparison

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

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