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Side-by-side financial comparison of NeuroPace Inc (NPCE) and TRUSTCO BANK CORP N Y (TRST). Click either name above to swap in a different company.

TRUSTCO BANK CORP N Y is the larger business by last-quarter revenue ($49.5M vs $26.6M, roughly 1.9× NeuroPace Inc). TRUSTCO BANK CORP N Y runs the higher net margin — 32.9% vs -10.3%, a 43.1% gap on every dollar of revenue. Over the past eight quarters, NeuroPace Inc's revenue compounded faster (21.1% CAGR vs 6.8%).

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.

TRUSTCO BANK CORP N Y is a regional U.S. financial holding company that provides a full suite of retail and commercial banking products and services, including personal deposit accounts, mortgage loans, small business financing, and wealth management solutions. It primarily operates across New York, Florida, and several other U.S. states, serving individual consumers and small business client segments.

NPCE vs TRST — Head-to-Head

Bigger by revenue
TRST
TRST
1.9× larger
TRST
$49.5M
$26.6M
NPCE
Higher net margin
TRST
TRST
43.1% more per $
TRST
32.9%
-10.3%
NPCE
Faster 2-yr revenue CAGR
NPCE
NPCE
Annualised
NPCE
21.1%
6.8%
TRST

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NPCE
NPCE
TRST
TRST
Revenue
$26.6M
$49.5M
Net Profit
$-2.7M
$16.3M
Gross Margin
77.4%
Operating Margin
-6.6%
Net Margin
-10.3%
32.9%
Revenue YoY
23.9%
Net Profit YoY
48.0%
14.1%
EPS (diluted)
$-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
NPCE
NPCE
TRST
TRST
Q1 26
$49.5M
Q4 25
$26.6M
$48.2M
Q3 25
$27.4M
$47.8M
Q2 25
$23.5M
$46.6M
Q1 25
$22.5M
$45.3M
Q4 24
$21.5M
$43.3M
Q3 24
$21.1M
$43.6M
Q2 24
$19.3M
$43.4M
Net Profit
NPCE
NPCE
TRST
TRST
Q1 26
$16.3M
Q4 25
$-2.7M
$15.6M
Q3 25
$-3.5M
$16.3M
Q2 25
$-8.7M
$15.0M
Q1 25
$-6.6M
$14.3M
Q4 24
$-5.3M
$11.3M
Q3 24
$-5.5M
$12.9M
Q2 24
$-7.5M
$12.6M
Gross Margin
NPCE
NPCE
TRST
TRST
Q1 26
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%
Operating Margin
NPCE
NPCE
TRST
TRST
Q1 26
Q4 25
-6.6%
43.7%
Q3 25
-9.5%
44.6%
Q2 25
-29.0%
42.3%
Q1 25
-22.9%
41.3%
Q4 24
-17.0%
34.0%
Q3 24
-20.1%
38.8%
Q2 24
-32.4%
37.9%
Net Margin
NPCE
NPCE
TRST
TRST
Q1 26
32.9%
Q4 25
-10.3%
32.3%
Q3 25
-12.8%
34.0%
Q2 25
-36.8%
32.3%
Q1 25
-29.3%
31.5%
Q4 24
-24.5%
26.0%
Q3 24
-25.9%
29.5%
Q2 24
-39.0%
28.9%
EPS (diluted)
NPCE
NPCE
TRST
TRST
Q1 26
Q4 25
$-0.08
$0.85
Q3 25
$-0.11
$0.86
Q2 25
$-0.26
$0.79
Q1 25
$-0.21
$0.75
Q4 24
$-0.16
$0.59
Q3 24
$-0.19
$0.68
Q2 24
$-0.26
$0.66

Balance Sheet & Financial Strength

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

Metric
NPCE
NPCE
TRST
TRST
Cash + ST InvestmentsLiquidity on hand
$61.1M
Total DebtLower is stronger
$112.9M
Stockholders' EquityBook value
$19.0M
$670.9M
Total Assets
$105.6M
$6.5B
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NPCE
NPCE
TRST
TRST
Q1 26
Q4 25
$61.1M
$730.4M
Q3 25
$60.0M
$695.6M
Q2 25
$62.1M
$713.6M
Q1 25
$66.3M
$756.1M
Q4 24
$52.8M
$641.8M
Q3 24
$56.8M
$523.0M
Q2 24
$55.5M
$536.1M
Total Debt
NPCE
NPCE
TRST
TRST
Q1 26
$112.9M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
NPCE
NPCE
TRST
TRST
Q1 26
$670.9M
Q4 25
$19.0M
$686.6M
Q3 25
$18.5M
$692.0M
Q2 25
$19.4M
$692.8M
Q1 25
$24.3M
$687.8M
Q4 24
$8.0M
$676.3M
Q3 24
$9.8M
$669.0M
Q2 24
$9.9M
$655.2M
Total Assets
NPCE
NPCE
TRST
TRST
Q1 26
$6.5B
Q4 25
$105.6M
$6.4B
Q3 25
$107.3M
$6.3B
Q2 25
$106.1M
$6.3B
Q1 25
$110.2M
$6.3B
Q4 24
$94.6M
$6.2B
Q3 24
$96.3M
$6.1B
Q2 24
$94.4M
$6.1B
Debt / Equity
NPCE
NPCE
TRST
TRST
Q1 26
0.17×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
NPCE
NPCE
TRST
TRST
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
NPCE
NPCE
TRST
TRST
Q1 26
Q4 25
$506.0K
$57.6M
Q3 25
$-1.9M
$12.8M
Q2 25
$-2.1M
$27.1M
Q1 25
$-7.5M
$1.3M
Q4 24
$-4.8M
$59.4M
Q3 24
$-1.7M
$16.5M
Q2 24
$-3.9M
$18.7M
Free Cash Flow
NPCE
NPCE
TRST
TRST
Q1 26
Q4 25
$409.0K
$45.7M
Q3 25
$-2.0M
$10.0M
Q2 25
$-2.3M
$24.9M
Q1 25
$-7.5M
$-3.3M
Q4 24
$-4.8M
$54.6M
Q3 24
$-1.8M
$15.6M
Q2 24
$-4.0M
$17.6M
FCF Margin
NPCE
NPCE
TRST
TRST
Q1 26
Q4 25
1.5%
95.0%
Q3 25
-7.2%
20.9%
Q2 25
-9.6%
53.5%
Q1 25
-33.4%
-7.2%
Q4 24
-22.5%
126.0%
Q3 24
-8.7%
35.7%
Q2 24
-20.6%
40.5%
Capex Intensity
NPCE
NPCE
TRST
TRST
Q1 26
Q4 25
0.4%
24.6%
Q3 25
0.1%
5.9%
Q2 25
0.7%
4.5%
Q1 25
0.2%
10.0%
Q4 24
0.2%
11.3%
Q3 24
0.5%
2.1%
Q2 24
0.3%
2.6%
Cash Conversion
NPCE
NPCE
TRST
TRST
Q1 26
Q4 25
3.70×
Q3 25
0.79×
Q2 25
1.80×
Q1 25
0.09×
Q4 24
5.27×
Q3 24
1.28×
Q2 24
1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NPCE
NPCE

Segment breakdown not available.

TRST
TRST

Net Interest Income$44.7M90%
Noninterest Income$4.8M10%

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