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Side-by-side financial comparison of Boxlight Corp (BOXL) 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 $29.3M, roughly 1.4× Boxlight Corp). Neuronetics, Inc. runs the higher net margin — -17.2% vs -21.1%, a 3.8% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs -19.2%). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs -23.1%).
Boxlight Corp is a global provider of interactive technology solutions, including interactive flat panel displays, projectors, collaborative software, and classroom technology accessories. It primarily serves K-12 and higher education institutions, as well as corporate and government customers across North America, Europe, and Asia Pacific, focusing on enhancing learning and work collaboration efficiency.
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.
BOXL vs STIM — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $29.3M | $41.8M |
| Net Profit | $-6.2M | $-7.2M |
| Gross Margin | 29.1% | 52.0% |
| Operating Margin | -13.4% | -12.1% |
| Net Margin | -21.1% | -17.2% |
| Revenue YoY | -19.2% | 85.7% |
| Net Profit YoY | -102.0% | 43.2% |
| EPS (diluted) | $-1.88 | $-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.
| Q4 25 | — | $41.8M | ||
| Q3 25 | $29.3M | $37.3M | ||
| Q2 25 | $30.9M | $38.1M | ||
| Q1 25 | — | $32.0M | ||
| Q4 24 | $24.0M | $22.5M | ||
| Q3 24 | $36.3M | $18.5M | ||
| Q2 24 | $38.5M | $16.4M | ||
| Q1 24 | $37.1M | $17.4M |
| Q4 25 | — | $-7.2M | ||
| Q3 25 | $-6.2M | $-9.0M | ||
| Q2 25 | $-4.7M | $-10.1M | ||
| Q1 25 | — | $-12.7M | ||
| Q4 24 | $-16.7M | $-12.7M | ||
| Q3 24 | $-3.1M | $-13.3M | ||
| Q2 24 | $-1.5M | $-9.8M | ||
| Q1 24 | $-7.1M | $-7.9M |
| Q4 25 | — | 52.0% | ||
| Q3 25 | 29.1% | 45.9% | ||
| Q2 25 | 35.0% | 46.6% | ||
| Q1 25 | — | 49.2% | ||
| Q4 24 | 30.6% | 66.2% | ||
| Q3 24 | 33.8% | 75.6% | ||
| Q2 24 | 37.7% | 74.0% | ||
| Q1 24 | 34.5% | 75.1% |
| Q4 25 | — | -12.1% | ||
| Q3 25 | -13.4% | -19.6% | ||
| Q2 25 | -12.7% | -21.1% | ||
| Q1 25 | — | -34.4% | ||
| Q4 24 | -67.6% | -51.0% | ||
| Q3 24 | -2.4% | -41.7% | ||
| Q2 24 | 3.2% | -51.7% | ||
| Q1 24 | -9.7% | -39.4% |
| Q4 25 | — | -17.2% | ||
| Q3 25 | -21.1% | -24.3% | ||
| Q2 25 | -15.3% | -26.6% | ||
| Q1 25 | — | -39.6% | ||
| Q4 24 | -69.6% | -56.4% | ||
| Q3 24 | -8.4% | -72.0% | ||
| Q2 24 | -3.8% | -59.8% | ||
| Q1 24 | -19.1% | -45.2% |
| Q4 25 | — | $-0.10 | ||
| Q3 25 | $-1.88 | $-0.13 | ||
| Q2 25 | $-1.53 | $-0.15 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | $-87.29 | $-0.34 | ||
| Q3 24 | $-1.72 | $-0.44 | ||
| Q2 24 | $-0.92 | $-0.33 | ||
| Q1 24 | $-0.76 | $-0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $11.8M | $28.1M |
| Total DebtLower is stronger | $36.7M | $65.8M |
| Stockholders' EquityBook value | $-19.5M | $22.4M |
| Total Assets | $99.6M | $141.6M |
| Debt / EquityLower = less leverage | — | 2.94× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $28.1M | ||
| Q3 25 | $11.8M | $28.0M | ||
| Q2 25 | $7.6M | $11.0M | ||
| Q1 25 | — | $20.2M | ||
| Q4 24 | $8.0M | $18.5M | ||
| Q3 24 | $10.5M | $20.9M | ||
| Q2 24 | $7.5M | $42.6M | ||
| Q1 24 | $11.8M | $47.7M |
| Q4 25 | — | $65.8M | ||
| Q3 25 | $36.7M | $65.7M | ||
| Q2 25 | $39.0M | $55.5M | ||
| Q1 25 | — | $55.3M | ||
| Q4 24 | $37.1M | $55.2M | ||
| Q3 24 | $38.8M | $46.0M | ||
| Q2 24 | $40.3M | $59.8M | ||
| Q1 24 | $38.5M | $59.4M |
| Q4 25 | — | $22.4M | ||
| Q3 25 | $-19.5M | $27.4M | ||
| Q2 25 | $-20.6M | $27.1M | ||
| Q1 25 | — | $35.5M | ||
| Q4 24 | $-12.9M | $27.7M | ||
| Q3 24 | $6.5M | $9.4M | ||
| Q2 24 | $7.5M | $19.4M | ||
| Q1 24 | $9.1M | $27.7M |
| Q4 25 | — | $141.6M | ||
| Q3 25 | $99.6M | $145.5M | ||
| Q2 25 | $99.2M | $134.7M | ||
| Q1 25 | — | $142.0M | ||
| Q4 24 | $115.3M | $140.9M | ||
| Q3 24 | $142.9M | — | ||
| Q2 24 | $141.3M | $96.8M | ||
| Q1 24 | $142.4M | $103.8M |
| Q4 25 | — | 2.94× | ||
| Q3 25 | — | 2.40× | ||
| Q2 25 | — | 2.05× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.99× | ||
| Q3 24 | 5.93× | 4.90× | ||
| Q2 24 | 5.38× | 3.08× | ||
| Q1 24 | 4.23× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.3M | $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.
| Q4 25 | — | $908.0K | ||
| Q3 25 | $1.3M | $-785.0K | ||
| Q2 25 | — | $-3.5M | ||
| Q1 25 | — | $-17.0M | ||
| Q4 24 | $1.6M | $-8.6M | ||
| Q3 24 | $5.2M | $-5.4M | ||
| Q2 24 | $-5.4M | $-5.0M | ||
| Q1 24 | $-1.9M | $-12.0M |
| 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 |
| 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% |
| 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.
Revenue Breakdown by Segment
BOXL
| Products | $27.4M | 93% |
| Services | $2.0M | 7% |
STIM
Segment breakdown not available.
