NeuroPace reported $1.60M of remaining performance obligations at 30 Jun 2026, flat from a year earlier and down 16% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 0.99.
Net new backlog added in the latest quarter: -$300,000.
Customer prepayments (contract liabilities) cover 6.2% of the backlog.
Twelve-month book-to-bill: 1.00, i.e. 1.00 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -22 points — revenue is catching up with orders.
By backlog size it ranks 545th among US filers the cockpit tracks.
NeuroPace backlog history
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter end
Backlog (RPO)
TTM revenue
Coverage
Customer prepayments
30 Jun 2026
$1.60M
$103M
0.0 yrs
$100,000
31 Mar 2026
$1.90M
$99.5M
0.0 yrs
$100,000
31 Dec 2025
$1.50M
$100M
0.0 yrs
$100,000
30 Sep 2025
$800,000
$90.8M
0.0 yrs
$600,000
30 Jun 2025
$1.60M
$84.6M
0.0 yrs
$700,000
31 Mar 2025
$1.80M
$84.3M
0.0 yrs
$700,000
31 Dec 2024
$1.70M
$79.9M
0.0 yrs
$600,000
30 Sep 2024
$1.90M
$76.5M
0.0 yrs
$700,000
30 Jun 2024
$2.10M
$71.8M
0.0 yrs
$800,000
31 Mar 2024
$2.20M
$69.1M
0.0 yrs
$900,000
Questions
What is NeuroPace's backlog?
NeuroPace reported $1.60M of remaining performance obligations at 30 Jun 2026, flat from a year earlier and down 16% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 0.99.
About these numbers
Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.