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Filing Flows › Neuronetics (STIM) › Q3 2026 › vs Q2 2026

Neuronetics (STIM) Q3 2026 vs Q2 2026 (quarter over quarter)

Neuronetics's revenue rose $394K (+0.9%) from $41.6M in Q2 2026 to $42.0M in Q3 2026. The biggest changes: NeuroStar +$1.1M (+7%); Service −$699K (-3%).

Neuronetics, Q3 2026: revenue $42.0M (+12% year over year), operating margin 1.3%, net loss $1.6M, operating cash flow $1.2M. The chart draws each line against Q2 2026, the increases inside each band.

Neuronetics: what changed, Q3 2026 vs Q2 2026Neuronetics: what changed, Q3 2026 vs Q2 2026Operating cash flow$2.2MFree cash flow (OCF − capex)$2.2MNet loss−$1.9MNet loss absorbed−$1.9MOperating costs−$1.6MCosts & expenses−$1.5MSales & marketing−$1.5MNeuroStar$1.1MWorking capital & other$835KService−$699K

Margins

Q3 2026Q2 2026Change
Free cash flow margin1.8%-3.4%+5.3 pts

Every line

LineQ3 2026Q2 2026Change%
Service$26.2M$26.9M−$699K-3%
NeuroStar$15.8M$14.7M$1.1M+7%
Revenue$42.0M$41.6M$394K+0.9%
Net loss$1.6M$3.5M−$1.9M-55%
Costs & expenses$43.5M$45.0M−$1.5M-3%
Operating costs$41.4M$43.1M−$1.6M-4%
Interest & other, net$2.1M$2.0M$134K+7%
Cost of revenue$20.1M$20.3M−$273K-1%
Research & development$1.2M$1.3M−$146K-11%
Sales & marketing$8.5M$10.0M−$1.5M-15%
General & admin$11.7M$11.4M$271K+2%
Operating cash sources$2.8M$2.5M$338K+14%
Depreciation & amortization$742K$729K$13K+2%
Share-based compensation$178K$688K−$510K-74%
Working capital & other$1.9M$1.0M$835K+80%
Net loss absorbed$1.6M$3.5M−$1.9M-55%
Operating cash flow$1.2M−$1.0M$2.2M—
Free cash flow (OCF − capex)$768K−$1.4M$2.2M—
Capital expenditures$470K$417K$53K+13%

Questions

How much did Neuronetics's revenue grow quarter over quarter in Q3 2026?

Neuronetics's revenue rose $394K (+0.9%) from $41.6M in Q2 2026 to $42.0M in Q3 2026.

What drove Neuronetics's revenue change in Q3 2026?

NeuroStar +$1.1M (+7%); Service −$699K (-3%).

Q3 2026 results → · Compare in the interactive Sankey →