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Side-by-side financial comparison of BlackSky Technology Inc. (BKSY) and Neuronetics, Inc. (STIM). Click either name above to swap in a different company.

Neuronetics, Inc. is the larger business by last-quarter revenue ($41.8M vs $35.2M, roughly 1.2× BlackSky Technology Inc.). BlackSky Technology Inc. runs the higher net margin — -2.5% vs -17.2%, a 14.8% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs 15.9%). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs 20.5%).

BlackSky Technology Inc. is a leading geospatial intelligence provider operating a constellation of high-revisit small Earth observation satellites. It delivers real-time satellite imagery, advanced data analytics, and dynamic monitoring solutions to government, defense, critical infrastructure, and commercial clients globally to support data-driven operational decision-making.

Neuronetics is a Malvern, PA based, publicly traded company incorporated in Delaware in April 2003, that develops non-invasive treatments for psychiatric disorders that have shown resistance or lack of improvement using traditional medicine. The treatments are based upon neuromodulation technology. 

BKSY vs STIM — Head-to-Head

Bigger by revenue
STIM
STIM
1.2× larger
STIM
$41.8M
$35.2M
BKSY
Growing faster (revenue YoY)
STIM
STIM
+69.8% gap
STIM
85.7%
15.9%
BKSY
Higher net margin
BKSY
BKSY
14.8% more per $
BKSY
-2.5%
-17.2%
STIM
Faster 2-yr revenue CAGR
STIM
STIM
Annualised
STIM
54.9%
20.5%
BKSY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BKSY
BKSY
STIM
STIM
Revenue
$35.2M
$41.8M
Net Profit
$-868.0K
$-7.2M
Gross Margin
52.0%
Operating Margin
-11.8%
-12.1%
Net Margin
-2.5%
-17.2%
Revenue YoY
15.9%
85.7%
Net Profit YoY
95.5%
43.2%
EPS (diluted)
$0.04
$-0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BKSY
BKSY
STIM
STIM
Q4 25
$35.2M
$41.8M
Q3 25
$19.6M
$37.3M
Q2 25
$22.2M
$38.1M
Q1 25
$29.5M
$32.0M
Q4 24
$30.4M
$22.5M
Q3 24
$22.5M
$18.5M
Q2 24
$24.9M
$16.4M
Q1 24
$24.2M
$17.4M
Net Profit
BKSY
BKSY
STIM
STIM
Q4 25
$-868.0K
$-7.2M
Q3 25
$-15.3M
$-9.0M
Q2 25
$-41.2M
$-10.1M
Q1 25
$-12.8M
$-12.7M
Q4 24
$-19.4M
$-12.7M
Q3 24
$-12.6M
$-13.3M
Q2 24
$-9.4M
$-9.8M
Q1 24
$-15.8M
$-7.9M
Gross Margin
BKSY
BKSY
STIM
STIM
Q4 25
52.0%
Q3 25
45.9%
Q2 25
46.6%
Q1 25
49.2%
Q4 24
66.2%
Q3 24
75.6%
Q2 24
74.0%
Q1 24
75.1%
Operating Margin
BKSY
BKSY
STIM
STIM
Q4 25
-11.8%
-12.1%
Q3 25
-85.8%
-19.6%
Q2 25
-62.8%
-21.1%
Q1 25
-40.5%
-34.4%
Q4 24
-20.0%
-51.0%
Q3 24
-58.7%
-41.7%
Q2 24
-47.0%
-51.7%
Q1 24
-54.7%
-39.4%
Net Margin
BKSY
BKSY
STIM
STIM
Q4 25
-2.5%
-17.2%
Q3 25
-78.2%
-24.3%
Q2 25
-185.8%
-26.6%
Q1 25
-43.4%
-39.6%
Q4 24
-63.9%
-56.4%
Q3 24
-55.8%
-72.0%
Q2 24
-37.7%
-59.8%
Q1 24
-65.2%
-45.2%
EPS (diluted)
BKSY
BKSY
STIM
STIM
Q4 25
$0.04
$-0.10
Q3 25
$-0.44
$-0.13
Q2 25
$-1.27
$-0.15
Q1 25
$-0.42
$-0.21
Q4 24
$-0.61
$-0.34
Q3 24
$-0.66
$-0.44
Q2 24
$-0.52
$-0.33
Q1 24
$-0.88
$-0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BKSY
BKSY
STIM
STIM
Cash + ST InvestmentsLiquidity on hand
$124.5M
$28.1M
Total DebtLower is stronger
$201.1M
$65.8M
Stockholders' EquityBook value
$94.9M
$22.4M
Total Assets
$386.2M
$141.6M
Debt / EquityLower = less leverage
2.12×
2.94×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKSY
BKSY
STIM
STIM
Q4 25
$124.5M
$28.1M
Q3 25
$146.5M
$28.0M
Q2 25
$93.8M
$11.0M
Q1 25
$75.8M
$20.2M
Q4 24
$52.5M
$18.5M
Q3 24
$63.2M
$20.9M
Q2 24
$41.2M
$42.6M
Q1 24
$35.4M
$47.7M
Total Debt
BKSY
BKSY
STIM
STIM
Q4 25
$201.1M
$65.8M
Q3 25
$195.1M
$65.7M
Q2 25
$122.5M
$55.5M
Q1 25
$115.3M
$55.3M
Q4 24
$107.7M
$55.2M
Q3 24
$98.8M
$46.0M
Q2 24
$108.6M
$59.8M
Q1 24
$85.0M
$59.4M
Stockholders' Equity
BKSY
BKSY
STIM
STIM
Q4 25
$94.9M
$22.4M
Q3 25
$91.1M
$27.4M
Q2 25
$86.6M
$27.1M
Q1 25
$88.8M
$35.5M
Q4 24
$94.0M
$27.7M
Q3 24
$110.3M
$9.4M
Q2 24
$76.5M
$19.4M
Q1 24
$81.7M
$27.7M
Total Assets
BKSY
BKSY
STIM
STIM
Q4 25
$386.2M
$141.6M
Q3 25
$380.9M
$145.5M
Q2 25
$310.8M
$134.7M
Q1 25
$284.9M
$142.0M
Q4 24
$254.1M
$140.9M
Q3 24
$245.5M
Q2 24
$224.3M
$96.8M
Q1 24
$210.1M
$103.8M
Debt / Equity
BKSY
BKSY
STIM
STIM
Q4 25
2.12×
2.94×
Q3 25
2.14×
2.40×
Q2 25
1.41×
2.05×
Q1 25
1.30×
1.56×
Q4 24
1.15×
1.99×
Q3 24
0.90×
4.90×
Q2 24
1.42×
3.08×
Q1 24
1.04×
2.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BKSY
BKSY
STIM
STIM
Operating Cash FlowLast quarter
$-9.3M
$908.0K
Free Cash FlowOCF − Capex
$692.0K
FCF MarginFCF / Revenue
1.7%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-21.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKSY
BKSY
STIM
STIM
Q4 25
$-9.3M
$908.0K
Q3 25
$-39.0M
$-785.0K
Q2 25
$-7.3M
$-3.5M
Q1 25
$27.2M
$-17.0M
Q4 24
$-1.8M
$-8.6M
Q3 24
$1.0M
$-5.4M
Q2 24
$-1.8M
$-5.0M
Q1 24
$-3.8M
$-12.0M
Free Cash Flow
BKSY
BKSY
STIM
STIM
Q4 25
$692.0K
Q3 25
$-899.0K
Q2 25
$-3.8M
Q1 25
$-17.2M
Q4 24
$-8.7M
Q3 24
$-5.8M
Q2 24
$-5.6M
Q1 24
$-12.4M
FCF Margin
BKSY
BKSY
STIM
STIM
Q4 25
1.7%
Q3 25
-2.4%
Q2 25
-9.9%
Q1 25
-53.8%
Q4 24
-38.6%
Q3 24
-31.3%
Q2 24
-34.0%
Q1 24
-71.1%
Capex Intensity
BKSY
BKSY
STIM
STIM
Q4 25
0.5%
Q3 25
0.3%
Q2 25
0.7%
Q1 25
0.7%
Q4 24
0.4%
Q3 24
2.1%
Q2 24
3.7%
Q1 24
2.2%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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