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Neuronetics

STIM

Neuronetics is a global leader in neuroscience and mental health services, specializing in non-invasive treatments for psychiatric disorders.

Market cap
$125.95M-57.1%
Revenue$151.6M+69.5%
Net income-$37.1M+23.5%
Free cash flow-$14.3M+61.7%
EPS (diluted)-$0.54+59.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$40.2M
EPS estimate-$0.11

Financials

Q1 2026

Income statement

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Revenue$34.5M+7.8%
Gross profit$16.2M+2.6%
Operating income-$9.0M+18.3%
Net income-$10.8M+14.9%
EPS (diluted)-$0.16+23.8%

Balance sheet

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Cash & equivalents$13.2M-34.7%
Total debt$85.4M+3.5%
Total equity$13.3M-62.6%
Total assets$125.4M-11.7%

Cash flow

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Operating cash flow-$9.4M+44.6%
CapEx$197.0K-10.0%
Free cash flow-$9.6M+44.1%

Valuation & ratios

Valuation

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Market cap$125.95M-57.1%
Enterprise value$198.13M-46.2%
P/S0.8×-1.9×

Profitability

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Gross margin48%-15.6pp
Operating margin-19.4%-6.9pp
Net margin-24.5%-8.7pp
FCF margin-9.4%-4.1pp

Returns & leverage

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Return on equity-152.4%-1.4pp
Debt / equity6.4×+4.1×
Current ratio1.7×-0.8×

Segments

By product

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Clinic Revenue$21.5M+15.4%
Service$21.5M+15.4%
Treatment Sessions$9.2M-5.3%
Neuro Star Advanced Therapy System$3.2M+7.9%

By segment

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Clinical Services$21.5M+15.4%
Medical Device$12.9M-2.9%

By geography

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Non Us$228.0K-53.7%

Competitors

Profile

Neuronetics is a global leader in neuroscience and mental health services, specializing in non-invasive treatments for psychiatric disorders. The company's core value proposition centers on its proprietary NeuroStar Advanced Therapy System, which utilizes transcranial magnetic stimulation (TMS) to treat major depressive disorder and obsessive-compulsive disorder. Through its wholly owned subsidiary, Greenbrook, the company also operates a network of outpatient mental health service centers providing TMS and esketamine nasal spray treatments.

Competitive position

The company is a market leader in TMS therapy with the largest clinical data set in the industry and a significant footprint of company-operated treatment centers.

GeographiesUnited States, Japan, European Union
Customer segmentsSpecialized medical practices, Individual patients, Healthcare providers
Business modelCapital equipment sales, Razor-and-blade (recurring treatment sessions), Direct-to-consumer healthcare services, Subscription SaaS (practice management)
SuppliersMedical component manufacturers, Pharmaceutical suppliers (esketamine), Software developers
CustomersPsychiatric clinics, Hospitals, Insured patients, Federal healthcare programs
Listed2018
Employees202.0
CEODaniel L. Reuvers
FilingsSEC EDGAR

Questions, answered.

What is Neuronetics's market cap?
Neuronetics (STIM) has a market capitalization of $126.0M and trades on NASDAQ.
What is Neuronetics's revenue and profitability?
Neuronetics generated $151.6M in trailing twelve-month revenue with a net loss of $37.1M, representing a net margin of -24.5%. Gross margin stands at 48.0%, with free cash flow of -$14.3M. These figures are based on the Q1 2026 filing.
Who are Neuronetics's competitors?
Neuronetics's key competitors include Minerva Neurosciences, Inc, Nexalin Technology, Inc. Common Stock, NRX Pharmaceuticals, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Neuronetics partner with?
Neuronetics's notable partners include Janssen Pharmaceuticals, Madryn Asset Management, LP.
What subsidiaries does Neuronetics have?
Neuronetics's subsidiaries include Greenbrook TMS Inc..
Where is Neuronetics headquartered?
Neuronetics is headquartered in United States of America and employs approximately 202 people. It has been publicly traded since 2018.