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Filing Flows › Neuronetics (STIM) › Q2 2026 › vs Q1 2026

Neuronetics (STIM) Q2 2026 vs Q1 2026 (quarter over quarter)

Neuronetics's revenue rose $7.1M (+21%) from $34.5M in Q1 2026 to $41.6M in Q2 2026. The biggest changes: Service +$5.4M (+25%); NeuroStar +$1.8M (+14%).

Neuronetics, Q2 2026: revenue $41.6M (+9% year over year), operating margin -3.6%, net loss $3.5M, operating cash flow −$1.0M. The chart draws each line against Q1 2026, the increases inside each band.

Neuronetics: what changed, Q2 2026 vs Q1 2026Neuronetics: what changed, Q2 2026 vs Q1 2026Cash used in operations−$8.4MNet loss−$7.3MOperating cash sources−$7.3MNet loss absorbed−$7.3MService$5.4MWorking capital & other$2.1MCost of revenue$2.0MNeuroStar$1.8MGeneral & admin−$1.6MShare-based compensation−$989K

Every line

LineQ2 2026Q1 2026Change%
Service$26.9M$21.5M$5.4M+25%
NeuroStar$14.7M$12.9M$1.8M+14%
Revenue$41.6M$34.5M$7.1M+21%
Net loss$3.5M$10.8M−$7.3M-68%
Costs & expenses$45.0M$45.2M−$202K-0.4%
Operating costs$43.1M$43.4M−$380K-0.9%
Interest & other, net$2.0M$1.8M$178K+10%
Cost of revenue$20.3M$18.3M$2.0M+11%
Research & development$1.3M$1.4M−$28K-2%
Sales & marketing$10.0M$10.7M−$753K-7%
General & admin$11.4M$13.0M−$1.6M-13%
Operating cash sources$3.5M$10.8M−$7.3M-68%
Depreciation & amortization$729K$745K−$16K-2%
Share-based compensation$688K$1.7M−$989K-59%
Working capital & other$1.0M−$1.1M$2.1M—
Cash used in operations$1.0M$9.4M−$8.4M-89%
Net loss absorbed$3.5M$10.8M−$7.3M-68%

Questions

How much did Neuronetics's revenue grow quarter over quarter in Q2 2026?

Neuronetics's revenue rose $7.1M (+21%) from $34.5M in Q1 2026 to $41.6M in Q2 2026.

What drove Neuronetics's revenue change in Q2 2026?

Service +$5.4M (+25%); NeuroStar +$1.8M (+14%).

Q2 2026 results → · Compare in the interactive Sankey →