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Neuronetics STIM Medical Device — Research And Development Expense

Other segment segments

Clinical Services
$60K+17.6%

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Other financials

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

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Market cap$90.46M-59.6%
Enterprise value$162.64M-44.6%
P/S0.6×-1.4×

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×

Where this comes from

Reported directly by Neuronetics in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Neuronetics’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Neuronetics's medical device — research and development expense?
Neuronetics (STIM) reported medical device — research and development expense of $1.31M in Q1 2026.
How has Neuronetics's medical device — research and development expense changed year-over-year?
Neuronetics's medical device — research and development expense decreased by 16.6% year-over-year, from $1.57M to $1.31M.
What is the long-term trend for Neuronetics's medical device — research and development expense?
Over 3 years (2022 to 2025), Neuronetics's medical device — research and development expense has grown at a 26.0% compound annual growth rate (CAGR), from $3.83M to $7.66M.
What does medical device — research and development expense mean?
This metric tracks the investment in activities related to the design, development, and improvement of medical device technologies. It is a critical indicator of the company's commitment to innovation and its long-term strategy to maintain a competitive product pipeline.