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Neuronetics STIM Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Revenue by Business
Clinical Services$21.53M$18.66M+1,579%
Medical Device$12.93M$37.3M-2.1%$38.11M+186%$13.32M-26.2%
Gross Profit by Business
Clinical Services$6.09M$5.57M+1,709%
Medical Device$10.07M+1,372%$684K-96.0%$17.11M-3.7%$17.76M+74.7%$10.17M-25.6%
Operating Income by Business
Clinical Services-$1.86M-$2.41M-2,744%
Medical Device$1.34M-95.5%$29.64M+505%-$7.32M+9.1%-$8.06M-5,825%-$136K
Selling General And Administrative Expense by Business
Clinical Services$7.88M$7.93M+3,616%
Medical Device$7.42M$8.74M-22.0%
Research And Development Expense by Business
Clinical Services$60K$51K+1,469%
Medical Device$1.31M-75.5%$5.32M+1,557%$321K-29.9%$458K-70.7%$1.57M-85.3%
Cost of Goods Sold by Business
Clinical Services$15.44M$13.09M+1,529%
Medical Device$2.86M$20.19M-0.8%$20.35M+546%$3.15M-28.2%
Revenue by Product
Clinic Revenue$21.53M-8.3%$23.49M+7.7%$21.81M-5.3%$23.02M+23.4%$18.66M+1,579%
Neuro Star Advanced Therapy System$3.25M-34.0%$4.92M+24.4%$3.96M+8.5%$3.65M+21.1%$3.01M-27.9%
Service$21.53M$18.66M+1,579%
Treatment Sessions$9.25M-28.0%$12.84M+19.3%$10.76M-2.7%$11.05M+13.2%$9.76M-25.3%
Concentration Risk % by Product
Clinic Revenue63%60%-1.0pp61%+2.0pp59%+57.5pp
Neuro Star Advanced Therapy System29%+26.0pp3%-50.0pp53%+8.0pp45%+3.0pp42%+41.0pp
Treatment Sessions81%+78.0pp3%-46.0pp49%-42.0pp91%+29.0pp62%

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Questions, answered.

How does Neuronetics break its business down?
Neuronetics (STIM) reports revenue by business across 2 parts — Clinical Services and Medical Device. Each is extracted from the segment footnotes and tracked over time.
Where does Neuronetics's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Neuronetics's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.