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Side-by-side financial comparison of GRAHAM CORP (GHM) and Neuronetics, Inc. (STIM). Click either name above to swap in a different company.
GRAHAM CORP is the larger business by last-quarter revenue ($56.7M vs $41.8M, roughly 1.4× Neuronetics, Inc.). GRAHAM CORP runs the higher net margin — 5.0% vs -17.2%, a 22.3% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs 20.5%). GRAHAM CORP produced more free cash flow last quarter ($2.4M vs $692.0K). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs 7.5%).
Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.
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.
GHM vs STIM — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $56.7M | $41.8M |
| Net Profit | $2.8M | $-7.2M |
| Gross Margin | 23.8% | 52.0% |
| Operating Margin | 5.5% | -12.1% |
| Net Margin | 5.0% | -17.2% |
| Revenue YoY | 20.5% | 85.7% |
| Net Profit YoY | 79.2% | 43.2% |
| EPS (diluted) | $0.25 | $-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 | $56.7M | $41.8M | ||
| Q3 25 | $66.0M | $37.3M | ||
| Q2 25 | $55.5M | $38.1M | ||
| Q1 25 | $59.3M | $32.0M | ||
| Q4 24 | $47.0M | $22.5M | ||
| Q3 24 | $53.6M | $18.5M | ||
| Q2 24 | $50.0M | $16.4M | ||
| Q1 24 | $49.1M | $17.4M |
| Q4 25 | $2.8M | $-7.2M | ||
| Q3 25 | $3.1M | $-9.0M | ||
| Q2 25 | $4.6M | $-10.1M | ||
| Q1 25 | $4.4M | $-12.7M | ||
| Q4 24 | $1.6M | $-12.7M | ||
| Q3 24 | $3.3M | $-13.3M | ||
| Q2 24 | $3.0M | $-9.8M | ||
| Q1 24 | $1.3M | $-7.9M |
| Q4 25 | 23.8% | 52.0% | ||
| Q3 25 | 21.7% | 45.9% | ||
| Q2 25 | 26.5% | 46.6% | ||
| Q1 25 | 27.0% | 49.2% | ||
| Q4 24 | 24.8% | 66.2% | ||
| Q3 24 | 23.9% | 75.6% | ||
| Q2 24 | 24.8% | 74.0% | ||
| Q1 24 | 25.9% | 75.1% |
| Q4 25 | 5.5% | -12.1% | ||
| Q3 25 | 6.5% | -19.6% | ||
| Q2 25 | 8.9% | -21.1% | ||
| Q1 25 | 9.3% | -34.4% | ||
| Q4 24 | 4.7% | -51.0% | ||
| Q3 24 | 7.9% | -41.7% | ||
| Q2 24 | 6.5% | -51.7% | ||
| Q1 24 | 3.1% | -39.4% |
| Q4 25 | 5.0% | -17.2% | ||
| Q3 25 | 4.7% | -24.3% | ||
| Q2 25 | 8.3% | -26.6% | ||
| Q1 25 | 7.4% | -39.6% | ||
| Q4 24 | 3.4% | -56.4% | ||
| Q3 24 | 6.1% | -72.0% | ||
| Q2 24 | 5.9% | -59.8% | ||
| Q1 24 | 2.7% | -45.2% |
| Q4 25 | $0.25 | $-0.10 | ||
| Q3 25 | $0.28 | $-0.13 | ||
| Q2 25 | $0.42 | $-0.15 | ||
| Q1 25 | $0.40 | $-0.21 | ||
| Q4 24 | $0.14 | $-0.34 | ||
| Q3 24 | $0.30 | $-0.44 | ||
| Q2 24 | $0.27 | $-0.33 | ||
| Q1 24 | $0.11 | $-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 | $22.3M | $28.1M |
| Total DebtLower is stronger | — | $65.8M |
| Stockholders' EquityBook value | $131.3M | $22.4M |
| Total Assets | $292.9M | $141.6M |
| Debt / EquityLower = less leverage | — | 2.94× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.3M | $28.1M | ||
| Q3 25 | $20.6M | $28.0M | ||
| Q2 25 | $10.8M | $11.0M | ||
| Q1 25 | $21.6M | $20.2M | ||
| Q4 24 | $30.0M | $18.5M | ||
| Q3 24 | $32.3M | $20.9M | ||
| Q2 24 | $21.6M | $42.6M | ||
| Q1 24 | $16.9M | $47.7M |
| Q4 25 | — | $65.8M | ||
| Q3 25 | — | $65.7M | ||
| Q2 25 | — | $55.5M | ||
| Q1 25 | — | $55.3M | ||
| Q4 24 | — | $55.2M | ||
| Q3 24 | — | $46.0M | ||
| Q2 24 | — | $59.8M | ||
| Q1 24 | — | $59.4M |
| Q4 25 | $131.3M | $22.4M | ||
| Q3 25 | $127.6M | $27.4M | ||
| Q2 25 | $123.4M | $27.1M | ||
| Q1 25 | $119.6M | $35.5M | ||
| Q4 24 | $114.4M | $27.7M | ||
| Q3 24 | $112.5M | $9.4M | ||
| Q2 24 | $108.2M | $19.4M | ||
| Q1 24 | $105.6M | $27.7M |
| Q4 25 | $292.9M | $141.6M | ||
| Q3 25 | $287.0M | $145.5M | ||
| Q2 25 | $252.3M | $134.7M | ||
| Q1 25 | $264.1M | $142.0M | ||
| Q4 24 | $264.3M | $140.9M | ||
| Q3 24 | $249.5M | — | ||
| Q2 24 | $244.2M | $96.8M | ||
| Q1 24 | $233.9M | $103.8M |
| Q4 25 | — | 2.94× | ||
| Q3 25 | — | 2.40× | ||
| Q2 25 | — | 2.05× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 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 | $4.8M | $908.0K |
| Free Cash FlowOCF − Capex | $2.4M | $692.0K |
| FCF MarginFCF / Revenue | 4.3% | 1.7% |
| Capex IntensityCapex / Revenue | 4.1% | 0.5% |
| Cash ConversionOCF / Net Profit | 1.67× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-6.1M | $-21.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.8M | $908.0K | ||
| Q3 25 | $13.6M | $-785.0K | ||
| Q2 25 | $-2.3M | $-3.5M | ||
| Q1 25 | $-3.6M | $-17.0M | ||
| Q4 24 | $5.2M | $-8.6M | ||
| Q3 24 | $13.9M | $-5.4M | ||
| Q2 24 | $8.7M | $-5.0M | ||
| Q1 24 | $8.6M | $-12.0M |
| Q4 25 | $2.4M | $692.0K | ||
| Q3 25 | $9.4M | $-899.0K | ||
| Q2 25 | $-9.3M | $-3.8M | ||
| Q1 25 | $-8.7M | $-17.2M | ||
| Q4 24 | $-2.1M | $-8.7M | ||
| Q3 24 | $10.4M | $-5.8M | ||
| Q2 24 | $5.7M | $-5.6M | ||
| Q1 24 | $4.6M | $-12.4M |
| Q4 25 | 4.3% | 1.7% | ||
| Q3 25 | 14.3% | -2.4% | ||
| Q2 25 | -16.7% | -9.9% | ||
| Q1 25 | -14.7% | -53.8% | ||
| Q4 24 | -4.5% | -38.6% | ||
| Q3 24 | 19.5% | -31.3% | ||
| Q2 24 | 11.5% | -34.0% | ||
| Q1 24 | 9.4% | -71.1% |
| Q4 25 | 4.1% | 0.5% | ||
| Q3 25 | 6.3% | 0.3% | ||
| Q2 25 | 12.6% | 0.7% | ||
| Q1 25 | 8.7% | 0.7% | ||
| Q4 24 | 15.6% | 0.4% | ||
| Q3 24 | 6.5% | 2.1% | ||
| Q2 24 | 6.0% | 3.7% | ||
| Q1 24 | 8.2% | 2.2% |
| Q4 25 | 1.67× | — | ||
| Q3 25 | 4.40× | — | ||
| Q2 25 | -0.49× | — | ||
| Q1 25 | -0.81× | — | ||
| Q4 24 | 3.29× | — | ||
| Q3 24 | 4.25× | — | ||
| Q2 24 | 2.94× | — | ||
| Q1 24 | 6.45× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GHM
| Defense | $35.3M | 62% |
| Energy And Process | $18.3M | 32% |
| Space | $3.1M | 6% |
STIM
Segment breakdown not available.
