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Side-by-side financial comparison of Cipher Mining Inc. (CIFR) and Neuronetics, Inc. (STIM). Click either name above to swap in a different company.
Cipher Mining Inc. is the larger business by last-quarter revenue ($59.7M vs $41.8M, roughly 1.4× Neuronetics, Inc.). Neuronetics, Inc. runs the higher net margin — -17.2% vs -1229.6%, a 1212.3% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs 41.4%). Neuronetics, Inc. produced more free cash flow last quarter ($692.0K vs $-695.9M). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs 11.4%).
Cipher Mining, Inc. operates as a Bitcoin mining ecosystem in the United States. The firm is developing a cryptocurrency business.
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.
CIFR vs STIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $59.7M | $41.8M |
| Net Profit | $-734.2M | $-7.2M |
| Gross Margin | 59.4% | 52.0% |
| Operating Margin | -503.4% | -12.1% |
| Net Margin | -1229.6% | -17.2% |
| Revenue YoY | 41.4% | 85.7% |
| Net Profit YoY | -4293.1% | 43.2% |
| EPS (diluted) | $-1.91 | $-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 | $59.7M | $41.8M | ||
| Q3 25 | $71.7M | $37.3M | ||
| Q2 25 | $43.6M | $38.1M | ||
| Q1 25 | $49.0M | $32.0M | ||
| Q4 24 | $42.2M | $22.5M | ||
| Q3 24 | $24.1M | $18.5M | ||
| Q2 24 | $36.8M | $16.4M | ||
| Q1 24 | $48.1M | $17.4M |
| Q4 25 | $-734.2M | $-7.2M | ||
| Q3 25 | $-3.3M | $-9.0M | ||
| Q2 25 | $-45.8M | $-10.1M | ||
| Q1 25 | $-39.0M | $-12.7M | ||
| Q4 24 | $17.5M | $-12.7M | ||
| Q3 24 | $-86.8M | $-13.3M | ||
| Q2 24 | $-15.3M | $-9.8M | ||
| Q1 24 | $39.9M | $-7.9M |
| Q4 25 | 59.4% | 52.0% | ||
| Q3 25 | 62.7% | 45.9% | ||
| Q2 25 | 64.8% | 46.6% | ||
| Q1 25 | 69.6% | 49.2% | ||
| Q4 24 | 56.9% | 66.2% | ||
| Q3 24 | 37.5% | 75.6% | ||
| Q2 24 | 61.2% | 74.0% | ||
| Q1 24 | 69.2% | 75.1% |
| Q4 25 | -503.4% | -12.1% | ||
| Q3 25 | -52.5% | -19.6% | ||
| Q2 25 | -103.9% | -21.1% | ||
| Q1 25 | -77.8% | -34.4% | ||
| Q4 24 | 40.5% | -51.0% | ||
| Q3 24 | -379.2% | -41.7% | ||
| Q2 24 | -43.9% | -51.7% | ||
| Q1 24 | 97.2% | -39.4% |
| Q4 25 | -1229.6% | -17.2% | ||
| Q3 25 | -4.6% | -24.3% | ||
| Q2 25 | -105.1% | -26.6% | ||
| Q1 25 | -79.6% | -39.6% | ||
| Q4 24 | 41.5% | -56.4% | ||
| Q3 24 | -359.9% | -72.0% | ||
| Q2 24 | -41.5% | -59.8% | ||
| Q1 24 | 82.9% | -45.2% |
| Q4 25 | $-1.91 | $-0.10 | ||
| Q3 25 | $-0.01 | $-0.13 | ||
| Q2 25 | $-0.12 | $-0.15 | ||
| Q1 25 | $-0.11 | $-0.21 | ||
| Q4 24 | $0.04 | $-0.34 | ||
| Q3 24 | $-0.26 | $-0.44 | ||
| Q2 24 | $-0.05 | $-0.33 | ||
| Q1 24 | $0.13 | $-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 | $628.3M | $28.1M |
| Total DebtLower is stronger | $2.7B | $65.8M |
| Stockholders' EquityBook value | $805.5M | $22.4M |
| Total Assets | $4.3B | $141.6M |
| Debt / EquityLower = less leverage | 3.37× | 2.94× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $628.3M | $28.1M | ||
| Q3 25 | $1.2B | $28.0M | ||
| Q2 25 | $62.7M | $11.0M | ||
| Q1 25 | $23.2M | $20.2M | ||
| Q4 24 | $5.6M | $18.5M | ||
| Q3 24 | $25.3M | $20.9M | ||
| Q2 24 | $122.6M | $42.6M | ||
| Q1 24 | $88.7M | $47.7M |
| Q4 25 | $2.7B | $65.8M | ||
| Q3 25 | $1.0B | $65.7M | ||
| Q2 25 | $167.1M | $55.5M | ||
| Q1 25 | — | $55.3M | ||
| Q4 24 | $0 | $55.2M | ||
| Q3 24 | — | $46.0M | ||
| Q2 24 | — | $59.8M | ||
| Q1 24 | — | $59.4M |
| Q4 25 | $805.5M | $22.4M | ||
| Q3 25 | $783.2M | $27.4M | ||
| Q2 25 | $748.9M | $27.1M | ||
| Q1 25 | $734.8M | $35.5M | ||
| Q4 24 | $682.0M | $27.7M | ||
| Q3 24 | $672.0M | $9.4M | ||
| Q2 24 | $690.8M | $19.4M | ||
| Q1 24 | $600.9M | $27.7M |
| Q4 25 | $4.3B | $141.6M | ||
| Q3 25 | $2.8B | $145.5M | ||
| Q2 25 | $1.0B | $134.7M | ||
| Q1 25 | $913.8M | $142.0M | ||
| Q4 24 | $855.4M | $140.9M | ||
| Q3 24 | $775.4M | — | ||
| Q2 24 | $775.6M | $96.8M | ||
| Q1 24 | $677.1M | $103.8M |
| Q4 25 | 3.37× | 2.94× | ||
| Q3 25 | 1.31× | 2.40× | ||
| Q2 25 | 0.22× | 2.05× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | 0.00× | 1.99× | ||
| Q3 24 | — | 4.90× | ||
| Q2 24 | — | 3.08× | ||
| Q1 24 | — | 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 | $-207.9M | $908.0K |
| Free Cash FlowOCF − Capex | $-695.9M | $692.0K |
| FCF MarginFCF / Revenue | -1165.4% | 1.7% |
| Capex IntensityCapex / Revenue | 817.1% | 0.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-1.1B | $-21.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-207.9M | $908.0K | ||
| Q3 25 | $-50.1M | $-785.0K | ||
| Q2 25 | $-56.2M | $-3.5M | ||
| Q1 25 | $-47.2M | $-17.0M | ||
| Q4 24 | $-87.5M | $-8.6M | ||
| Q3 24 | $-6.5M | $-5.4M | ||
| Q2 24 | $-25.4M | $-5.0M | ||
| Q1 24 | $-26.6M | $-12.0M |
| Q4 25 | $-695.9M | $692.0K | ||
| Q3 25 | $-256.2M | $-899.0K | ||
| Q2 25 | $-87.5M | $-3.8M | ||
| Q1 25 | $-71.8M | $-17.2M | ||
| Q4 24 | $-227.0M | $-8.7M | ||
| Q3 24 | $-83.2M | $-5.8M | ||
| Q2 24 | $-33.2M | $-5.6M | ||
| Q1 24 | $-34.5M | $-12.4M |
| Q4 25 | -1165.4% | 1.7% | ||
| Q3 25 | -357.3% | -2.4% | ||
| Q2 25 | -200.9% | -9.9% | ||
| Q1 25 | -146.7% | -53.8% | ||
| Q4 24 | -537.6% | -38.6% | ||
| Q3 24 | -345.0% | -31.3% | ||
| Q2 24 | -90.2% | -34.0% | ||
| Q1 24 | -71.7% | -71.1% |
| Q4 25 | 817.1% | 0.5% | ||
| Q3 25 | 287.5% | 0.3% | ||
| Q2 25 | 71.8% | 0.7% | ||
| Q1 25 | 50.2% | 0.7% | ||
| Q4 24 | 330.4% | 0.4% | ||
| Q3 24 | 317.8% | 2.1% | ||
| Q2 24 | 21.4% | 3.7% | ||
| Q1 24 | 16.4% | 2.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -5.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.67× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
