Business Description
ClearPoint Neuro, Inc. is a medical technology firm primarily operating within the United States. The company specializes in developing and commercializing sophisticated systems that facilitate minimally invasive brain surgeries, guided by real-time magnetic resonance imaging (MRI) during the procedure. Among its core offerings is the ClearPoint system, designed for the precise placement of deep brain stimulation electrodes, biopsy needles, and for the controlled infusion of medications and laser catheters directly into the brain. It also provides the ClearPoint Neuro Navigation System, which is specifically engineered for MRI suite environments. ClearPoint Neuro maintains strategic partnerships and licensing agreements with prominent institutions and companies, including Boston Scientific Corporation, The Johns Hopkins University, Clinical Laserthermia Systems Americas Inc, Koninklijke Philips N.V., Blackrock Neurotech, and the University of California, San Francisco. Initially established in 1998 and headquartered in Solana Beach, California, the company operated as MRI Interventions, Inc. before rebranding to ClearPoint Neuro, Inc. in February 2020.
Business History
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -0.90
Total Equity: $28.02M
Shares: 28,315,254
Total Debt: $49.08M
Cash: $45.92M
EBITDA: -$20.86M
Total Debt: $49.08M
Cash: $45.92M
Revenue: $36.97M
Shares: 28,315,254
Revenue: $36.97M
Revenue: $36.97M
Revenue: $36.97M
Total Equity: $28.02M
Tax Rate: -0.2%
Equity: $28.02M
Total Debt: $49.08M
Cash: $45.92M
Current Liabilities: $10.77M
Long-Term Debt: $49.08M
Total Debt: $49.08M
Total Equity: $28.02M
Shares: 28,315,254
Shares: 28,315,254
CapEx: -$522,000
Shares: 28,315,254
Stock Price: $18.48
Net Income: -$25.54M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 24, 2026 8:19pm (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $16.3M | $20.6M | $24.0M | $31.4M | $37.0M |
| Cost of Revenue | $5.2M | $7.0M | $10.3M | $12.3M | $14.3M |
| Gross Profit | $11.1M | $13.5M | $13.6M | $19.1M | $22.7M |
| Operating Expenses | $24.5M | $29.9M | $36.1M | $38.9M | $46.9M |
| Operating Income | -$13.4M | -$16.3M | -$22.4M | -$19.7M | -$24.2M |
| Net Income | -$14.4M | -$16.4M | -$22.1M | -$18.9M | -$25.5M |
| EBITDA | -$12.7M | -$15.6M | -$20.6M | -$17.0M | -$20.9M |
| EPS | $-0.69 | $-0.68 | $-0.90 | $-0.70 | $-0.90 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 24, 2026 8:19pm (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $54.1M | $27.6M | $23.1M | $20.1M | $45.9M |
| Total Current Assets | $61.9M | $51.2M | $36.2M | $33.4M | $63.6M |
| Total Assets | $65.6M | $55.5M | $42.7M | $39.2M | $97.7M |
| Current Liabilities | $4.8M | $6.8M | $7.4M | $10.4M | $10.8M |
| Long-Term Debt | $9.8M | $9.9M | $9.9M | $0 | $49.1M |
| Total Liabilities | $16.8M | $18.6M | $21.5M | $13.8M | $69.7M |
| Total Equity | $48.8M | $36.9M | $21.2M | $25.4M | $28.0M |
| Retained Earnings | -$133.9M | -$150.4M | -$172.5M | -$191.4M | -$216.9M |
Cash Flow (Annual)
Last updated: Jun 24, 2026 8:19pm (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$12.7M | -$16.2M | -$13.7M | -$9.0M | -$23.9M |
| Capital Expenditure | $-168,000 | $-253,000 | $-717,000 | $-275,000 | $-522,000 |
| Free Cash Flow | -$12.9M | -$16.4M | -$14.4M | -$9.2M | -$24.4M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $1.1M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $-210,000 | $0 | $0 |
| Net Change in Cash | $34.0M | -$26.5M | -$4.5M | -$3.0M | $26.9M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 7:51pm (14h ago)| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$53.1M $53.0M – $53.2M
|
$64.1M $62.4M – $65.8M
|
$77.1M $74.8M – $79.2M
|
$92.1M $89.3M – $94.6M
|
| EBITDA |
-$15.2M -$15.2M – -$15.2M
|
-$18.3M -$18.8M – -$17.8M
|
-$22.0M -$22.6M – -$21.4M
|
-$26.3M -$27.0M – -$25.6M
|
| Net Income |
-$31.5M -$32.7M – -$30.3M
|
-$28.6M -$32.4M – -$20.8M
|
-$24.6M -$25.5M – -$23.7M
|
-$18.4M -$19.0M – -$17.7M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 24, 2026 8:19pm (2d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +26.1% | +16.6% | +31.0% | +17.8% |
| Gross Profit Growth | +21.6% | +0.6% | +40.5% | +18.7% |
| Operating Income Growth | -22.1% | -37.4% | +12.0% | -22.4% |
| Net Income Growth | -14.1% | -34.4% | +14.4% | -35.0% |
| EBITDA Growth | -22.2% | -32.5% | +17.6% | -22.6% |
Narrative Economics
market-narrative step).