10 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 24.8% per year over the past 5 years.
Operating margin has expanded, at -21.1% in the latest year.
Financial health
Total debt ($66M) exceeds cash ($28M); net debt is $38M.
Total debt has grown slower than revenue (13.7% vs 24.8% per year).
Operating income covered interest expense -3.7× in the latest year.
The company is unprofitable; at its current free-cash-flow burn it has roughly 1.3 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$149M
-$39M
48.5%
-21.1%
-$21M
$66M
$28M
2024
$75M
-$44M
72.3%
-46.2%
-$32M
$55M
$18M
2023
$71M
-$30M
72.5%
-42.8%
-$34M
$59M
$60M
2022
$65M
-$37M
76.3%
-53.8%
-$34M
$36M
$70M
2021
$55M
-$31M
78.9%
-49.8%
-$30M
$35M
$94M
2020
$49M
-$27M
76.5%
-45.3%
-$29M
$35M
$49M
2019
$63M
-$29M
75.4%
-43.0%
-$31M
$31M
$76M
2018
$53M
-$24M
76.4%
-37.6%
-$22M
$30M
$105M
2017
$40M
-$16M
76.2%
-33.7%
-$12M
$30M
$29M
2016
—
-$11M
—
—
-$9M
—
$17M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$34M
-$11M
46.9%
-26.1%
-$10M
$61M
$13M
Dec '25
$42M
-$7M
52.0%
-12.1%
$692000
$66M
$28M
Sep '25
$37M
-$9M
45.9%
-19.6%
-$899000
$66M
$28M
Jun '25
$38M
-$10M
46.6%
-21.1%
-$4M
$56M
$11M
Mar '25
$32M
-$13M
49.2%
-34.4%
-$17M
$55M
$20M
Dec '24
$22M
-$13M
66.2%
-51.0%
-$9M
$55M
$18M
Sep '24
$19M
-$13M
75.6%
-41.7%
-$6M
$146M
$21M
Jun '24
$16M
-$10M
74.0%
-51.7%
-$6M
$60M
$43M
Mar '24
$17M
-$8M
75.1%
-39.4%
-$12M
$59M
$48M
Dec '23
$20M
-$5M
77.6%
-21.8%
$1M
$59M
$60M
Sep '23
$18M
-$9M
65.8%
-49.6%
-$11M
$37M
$36M
Jun '23
$18M
-$5M
72.5%
-41.7%
-$10M
$37M
$46M
Mar '23
$16M
-$11M
73.3%
-63.8%
-$15M
$37M
$55M
Dec '22
$18M
-$8M
75.9%
-42.5%
-$4M
$36M
$70M
Sep '22
$16M
-$8M
78.4%
-45.2%
-$7M
$36M
$74M
Jun '22
$16M
-$10M
75.3%
-60.0%
-$10M
$36M
$71M
Mar '22
$14M
-$11M
75.4%
-71.5%
-$13M
$35M
$81M
Dec '21
$15M
-$8M
76.4%
-46.0%
-$5M
$35M
$94M
Sep '21
$14M
-$8M
77.2%
-52.0%
-$9M
$35M
$99M
Jun '21
$14M
-$8M
80.6%
-46.2%
-$6M
$35M
$116M
Valuation over time
How the market has priced STIM against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 3.1× (Mar '23) to 0.6× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is STIM growing its revenue and profit?
Over the past 5 years, Neuronetics, Inc.'s revenue has grown 24.8% per year. These are computed facts, not advice.
How much debt does STIM have?
As of FY2025, Neuronetics, Inc. reported $66M of total debt against $28M of cash; operating income covered interest expense -3.7×.
What is STIM's profit margin?
In FY2025, gross margin was 48.5%, operating margin -21.1%, and net margin -26.1%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.