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Side-by-side financial comparison of MAGNACHIP SEMICONDUCTOR Corp (MX) and NeuroPace Inc (NPCE). Click either name above to swap in a different company.

MAGNACHIP SEMICONDUCTOR Corp is the larger business by last-quarter revenue ($40.6M vs $26.6M, roughly 1.5× NeuroPace Inc). NeuroPace Inc runs the higher net margin — -10.3% vs -19.9%, a 9.6% gap on every dollar of revenue. On growth, NeuroPace Inc posted the faster year-over-year revenue change (23.9% vs -20.7%). NeuroPace Inc produced more free cash flow last quarter ($409.0K vs $-4.8M). Over the past eight quarters, NeuroPace Inc's revenue compounded faster (21.1% CAGR vs -3.4%).

Magnachip Semiconductor Corp is a global semiconductor design and manufacturing firm specializing in high-performance analog and mixed-signal solutions. Its core products include display driver ICs, power management ICs and sensors, serving consumer electronics, automotive, industrial and communications markets worldwide.

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.

MX vs NPCE — Head-to-Head

Bigger by revenue
MX
MX
1.5× larger
MX
$40.6M
$26.6M
NPCE
Growing faster (revenue YoY)
NPCE
NPCE
+44.5% gap
NPCE
23.9%
-20.7%
MX
Higher net margin
NPCE
NPCE
9.6% more per $
NPCE
-10.3%
-19.9%
MX
More free cash flow
NPCE
NPCE
$5.2M more FCF
NPCE
$409.0K
$-4.8M
MX
Faster 2-yr revenue CAGR
NPCE
NPCE
Annualised
NPCE
21.1%
-3.4%
MX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MX
MX
NPCE
NPCE
Revenue
$40.6M
$26.6M
Net Profit
$-8.1M
$-2.7M
Gross Margin
9.3%
77.4%
Operating Margin
-26.1%
-6.6%
Net Margin
-19.9%
-10.3%
Revenue YoY
-20.7%
23.9%
Net Profit YoY
50.4%
48.0%
EPS (diluted)
$-0.23
$-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
MX
MX
NPCE
NPCE
Q4 25
$40.6M
$26.6M
Q3 25
$45.9M
$27.4M
Q2 25
$47.6M
$23.5M
Q1 25
$44.7M
$22.5M
Q4 24
$51.2M
$21.5M
Q3 24
$55.4M
$21.1M
Q2 24
$46.4M
$19.3M
Q1 24
$43.4M
$18.1M
Net Profit
MX
MX
NPCE
NPCE
Q4 25
$-8.1M
$-2.7M
Q3 25
$-13.1M
$-3.5M
Q2 25
$323.0K
$-8.7M
Q1 25
$-8.9M
$-6.6M
Q4 24
$-16.3M
$-5.3M
Q3 24
$-9.6M
$-5.5M
Q2 24
$-13.0M
$-7.5M
Q1 24
$-15.4M
$-8.9M
Gross Margin
MX
MX
NPCE
NPCE
Q4 25
9.3%
77.4%
Q3 25
18.6%
77.4%
Q2 25
20.4%
77.1%
Q1 25
20.9%
77.0%
Q4 24
21.7%
75.4%
Q3 24
20.8%
73.2%
Q2 24
21.1%
73.4%
Q1 24
14.6%
73.6%
Operating Margin
MX
MX
NPCE
NPCE
Q4 25
-26.1%
-6.6%
Q3 25
-25.1%
-9.5%
Q2 25
-15.6%
-29.0%
Q1 25
-14.1%
-22.9%
Q4 24
-12.5%
-17.0%
Q3 24
-8.1%
-20.1%
Q2 24
-12.3%
-32.4%
Q1 24
-21.6%
-41.6%
Net Margin
MX
MX
NPCE
NPCE
Q4 25
-19.9%
-10.3%
Q3 25
-28.5%
-12.8%
Q2 25
0.7%
-36.8%
Q1 25
-19.9%
-29.3%
Q4 24
-31.8%
-24.5%
Q3 24
-17.3%
-25.9%
Q2 24
-28.0%
-39.0%
Q1 24
-35.5%
-49.2%
EPS (diluted)
MX
MX
NPCE
NPCE
Q4 25
$-0.23
$-0.08
Q3 25
$-0.36
$-0.11
Q2 25
$0.01
$-0.26
Q1 25
$-0.24
$-0.21
Q4 24
$-0.44
$-0.16
Q3 24
$-0.26
$-0.19
Q2 24
$-0.34
$-0.26
Q1 24
$-0.40
$-0.32

Balance Sheet & Financial Strength

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

Metric
MX
MX
NPCE
NPCE
Cash + ST InvestmentsLiquidity on hand
$103.8M
$61.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$248.3M
$19.0M
Total Assets
$351.5M
$105.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MX
MX
NPCE
NPCE
Q4 25
$103.8M
$61.1M
Q3 25
$108.0M
$60.0M
Q2 25
$113.3M
$62.1M
Q1 25
$132.7M
$66.3M
Q4 24
$138.6M
$52.8M
Q3 24
$151.1M
$56.8M
Q2 24
$162.5M
$55.5M
Q1 24
$171.6M
$58.9M
Stockholders' Equity
MX
MX
NPCE
NPCE
Q4 25
$248.3M
$19.0M
Q3 25
$255.3M
$18.5M
Q2 25
$270.2M
$19.4M
Q1 25
$269.2M
$24.3M
Q4 24
$276.8M
$8.0M
Q3 24
$299.6M
$9.8M
Q2 24
$305.8M
$9.9M
Q1 24
$321.9M
$14.3M
Total Assets
MX
MX
NPCE
NPCE
Q4 25
$351.5M
$105.6M
Q3 25
$359.6M
$107.3M
Q2 25
$370.5M
$106.1M
Q1 25
$373.9M
$110.2M
Q4 24
$379.3M
$94.6M
Q3 24
$411.4M
$96.3M
Q2 24
$412.7M
$94.4M
Q1 24
$426.2M
$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
MX
MX
NPCE
NPCE
Operating Cash FlowLast quarter
$5.4M
$506.0K
Free Cash FlowOCF − Capex
$-4.8M
$409.0K
FCF MarginFCF / Revenue
-11.9%
1.5%
Capex IntensityCapex / Revenue
25.3%
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-54.2M
$-11.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MX
MX
NPCE
NPCE
Q4 25
$5.4M
$506.0K
Q3 25
$162.0K
$-1.9M
Q2 25
$-25.1M
$-2.1M
Q1 25
$-4.7M
$-7.5M
Q4 24
$11.9M
$-4.8M
Q3 24
$-12.9M
$-1.7M
Q2 24
$-1.1M
$-3.9M
Q1 24
$-4.0M
$-7.5M
Free Cash Flow
MX
MX
NPCE
NPCE
Q4 25
$-4.8M
$409.0K
Q3 25
$-7.5M
$-2.0M
Q2 25
$-37.0M
$-2.3M
Q1 25
$-4.9M
$-7.5M
Q4 24
$4.4M
$-4.8M
Q3 24
$-15.5M
$-1.8M
Q2 24
$-2.0M
$-4.0M
Q1 24
$-4.6M
$-7.6M
FCF Margin
MX
MX
NPCE
NPCE
Q4 25
-11.9%
1.5%
Q3 25
-16.3%
-7.2%
Q2 25
-77.7%
-9.6%
Q1 25
-10.9%
-33.4%
Q4 24
8.7%
-22.5%
Q3 24
-28.0%
-8.7%
Q2 24
-4.3%
-20.6%
Q1 24
-10.7%
-42.1%
Capex Intensity
MX
MX
NPCE
NPCE
Q4 25
25.3%
0.4%
Q3 25
16.7%
0.1%
Q2 25
24.9%
0.7%
Q1 25
0.5%
0.2%
Q4 24
14.5%
0.2%
Q3 24
4.7%
0.5%
Q2 24
1.9%
0.3%
Q1 24
1.5%
0.6%
Cash Conversion
MX
MX
NPCE
NPCE
Q4 25
Q3 25
Q2 25
-77.81×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MX
MX

Power Analog Solutions$36.8M91%
Power Ic$3.8M9%

NPCE
NPCE

Segment breakdown not available.

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