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Companies / Health Care / Neuronetics, Inc.
STIM

Neuronetics, Inc.

Health CareSurgical & Medical Instruments
Ticker STIMMALVERN, PAFiscal year ends DecemberBook value per share $0.26Diluted shares 73.3M

Neuronetics, Inc. (Nasdaq: STIM) develops and commercializes the NeuroStar Advanced Therapy System, a non-invasive, office-based transcranial magnetic stimulation device used to treat major depressive disorder, obsessive-compulsive disorder and anxiety symptoms associated with depression. Its customers include… From the company’s description.

Over the twelve months to Sep 30, 2026, Neuronetics, Inc. reported revenue of $159.76M, up 23.0% from a year earlier, and a net loss of $23.01M. Its operating margin was −9.4%, and operations used $8.28M in cash. In fiscal 2025, it reported revenue of $149.16M, up 99.2% from fiscal 2024, and a net loss of $39.13M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$149.16MFY2025
+99.2% year over year
Last 12 mo $159.76M
-21.08%FY2025
+25.1 percentage points
Last 12 mo -9.39%
$-39.13MFY2025
+10.5% year over year
Last 12 mo $-23.01M
-174.27%FY2025
−16.5 percentage points
Last 12 mo -123.36%
Cash & financing
$-20.37MFY2025
+34.3% year over year
Last 12 mo $-8.28M
$-21.17MFY2025
+34.8% year over year
Last 12 mo $-9.58M
2.94FY2025
Was 1.99× a year earlier
Last 12 mo 3.30
66.0MFY2025
+107.8% year over year
Last 12 mo 73.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Neuronetics, Inc. does

In the company’s own words

Neuronetics, Inc. (Nasdaq: STIM) develops and commercializes the NeuroStar Advanced Therapy System, a non-invasive, office-based transcranial magnetic stimulation device used to treat major depressive disorder, obsessive-compulsive disorder and anxiety symptoms associated with depression. Its customers include psychiatrists and other healthcare providers, while its Greenbrook subsidiary operates outpatient treatment centers offering TMS and SPRAVATO therapy. Neuronetics generates revenue from treatment centers, system sales, treatment sessions, service and repair, and extended warranties, with clinic and recurring treatment-session revenue comprising the majority. The company operates as a vertically integrated mental-healthcare business following its 2024 acquisition of Greenbrook. Its U.S. commercial operations focus on selling NeuroStar systems and sessions to provider practices and providing clinical training, practice-development, reimbursement and technical support; outside the U.S., it sells through independent distributors, including an exclusive distributor in Japan. As of December 31, 2025, Greenbrook operated 93 treatment centers, and Neuronetics employed 658 people. Revenue was $149.2 million for fiscal 2025. Its website is https://neurostar.com/neuronetics/.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
MALVERN, PA
Fiscal year end
December
CIK
1227636
SIC
3841

Financial performance, year by year

Fiscal 2018–2025 · USD
$-64.08M$-3.03M$58.02M$119.06M$180.11M20182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Neuronetics, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

42
funds hold it
0 of 35
superinvestors hold it
$5.58M
held by funds, at market
5.0%
of shares held by funds

Largest fund holders · Neuronetics, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
AdvisorShares Psychedelics ETF
PSIL · AdvisorShares Trust
2.17%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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