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

Inspired Entertainment, Inc. is the larger business by last-quarter revenue ($77.2M vs $41.8M, roughly 1.8× Neuronetics, Inc.). Inspired Entertainment, Inc. runs the higher net margin — -9.3% vs -17.2%, a 7.9% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs -6.8%). Neuronetics, Inc. produced more free cash flow last quarter ($692.0K vs $-9.9M). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs 11.3%).

Alchemy Copyrights, LLC, doing business as Concord, is an independent American entertainment company. It develops, manages and acquires sound recordings, music publishing rights, theatrical performance rights, and narrative content for film and television. Concord is majority owned by the State of Michigan Retirement System.

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. 

INSE vs STIM — Head-to-Head

Bigger by revenue
INSE
INSE
1.8× larger
INSE
$77.2M
$41.8M
STIM
Growing faster (revenue YoY)
STIM
STIM
+92.5% gap
STIM
85.7%
-6.8%
INSE
Higher net margin
INSE
INSE
7.9% more per $
INSE
-9.3%
-17.2%
STIM
More free cash flow
STIM
STIM
$10.6M more FCF
STIM
$692.0K
$-9.9M
INSE
Faster 2-yr revenue CAGR
STIM
STIM
Annualised
STIM
54.9%
11.3%
INSE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSE
INSE
STIM
STIM
Revenue
$77.2M
$41.8M
Net Profit
$-7.2M
$-7.2M
Gross Margin
52.0%
Operating Margin
14.6%
-12.1%
Net Margin
-9.3%
-17.2%
Revenue YoY
-6.8%
85.7%
Net Profit YoY
-110.7%
43.2%
EPS (diluted)
$-0.24
$-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
INSE
INSE
STIM
STIM
Q4 25
$77.2M
$41.8M
Q3 25
$86.2M
$37.3M
Q2 25
$80.3M
$38.1M
Q1 25
$60.4M
$32.0M
Q4 24
$82.8M
$22.5M
Q3 24
$77.2M
$18.5M
Q2 24
$74.8M
$16.4M
Q1 24
$62.3M
$17.4M
Net Profit
INSE
INSE
STIM
STIM
Q4 25
$-7.2M
$-7.2M
Q3 25
$-1.9M
$-9.0M
Q2 25
$-7.8M
$-10.1M
Q1 25
$-100.0K
$-12.7M
Q4 24
$67.0M
$-12.7M
Q3 24
$2.8M
$-13.3M
Q2 24
$1.4M
$-9.8M
Q1 24
$-6.4M
$-7.9M
Gross Margin
INSE
INSE
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
74.5%
75.1%
Operating Margin
INSE
INSE
STIM
STIM
Q4 25
14.6%
-12.1%
Q3 25
11.3%
-19.6%
Q2 25
9.8%
-21.1%
Q1 25
2.6%
-34.4%
Q4 24
15.6%
-51.0%
Q3 24
14.5%
-41.7%
Q2 24
11.6%
-51.7%
Q1 24
-3.4%
-39.4%
Net Margin
INSE
INSE
STIM
STIM
Q4 25
-9.3%
-17.2%
Q3 25
-2.2%
-24.3%
Q2 25
-9.7%
-26.6%
Q1 25
-0.2%
-39.6%
Q4 24
80.9%
-56.4%
Q3 24
3.6%
-72.0%
Q2 24
1.9%
-59.8%
Q1 24
-10.3%
-45.2%
EPS (diluted)
INSE
INSE
STIM
STIM
Q4 25
$-0.24
$-0.10
Q3 25
$-0.07
$-0.13
Q2 25
$-0.27
$-0.15
Q1 25
$0.00
$-0.21
Q4 24
$2.29
$-0.34
Q3 24
$0.10
$-0.44
Q2 24
$0.05
$-0.33
Q1 24
$-0.22
$-0.27

Balance Sheet & Financial Strength

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

Metric
INSE
INSE
STIM
STIM
Cash + ST InvestmentsLiquidity on hand
$28.1M
Total DebtLower is stronger
$363.2M
$65.8M
Stockholders' EquityBook value
$-16.2M
$22.4M
Total Assets
$439.9M
$141.6M
Debt / EquityLower = less leverage
2.94×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSE
INSE
STIM
STIM
Q4 25
$28.1M
Q3 25
$28.0M
Q2 25
$11.0M
Q1 25
$20.2M
Q4 24
$18.5M
Q3 24
$20.9M
Q2 24
$42.6M
Q1 24
$47.7M
Total Debt
INSE
INSE
STIM
STIM
Q4 25
$363.2M
$65.8M
Q3 25
$65.7M
Q2 25
$55.5M
Q1 25
$55.3M
Q4 24
$313.2M
$55.2M
Q3 24
$46.0M
Q2 24
$59.8M
Q1 24
$59.4M
Stockholders' Equity
INSE
INSE
STIM
STIM
Q4 25
$-16.2M
$22.4M
Q3 25
$-9.0M
$27.4M
Q2 25
$-9.5M
$27.1M
Q1 25
$-2.2M
$35.5M
Q4 24
$-3.3M
$27.7M
Q3 24
$-78.2M
$9.4M
Q2 24
$-77.1M
$19.4M
Q1 24
$-80.3M
$27.7M
Total Assets
INSE
INSE
STIM
STIM
Q4 25
$439.9M
$141.6M
Q3 25
$485.8M
$145.5M
Q2 25
$486.8M
$134.7M
Q1 25
$458.9M
$142.0M
Q4 24
$438.4M
$140.9M
Q3 24
$388.6M
Q2 24
$326.6M
$96.8M
Q1 24
$331.1M
$103.8M
Debt / Equity
INSE
INSE
STIM
STIM
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
INSE
INSE
STIM
STIM
Operating Cash FlowLast quarter
$1.2M
$908.0K
Free Cash FlowOCF − Capex
$-9.9M
$692.0K
FCF MarginFCF / Revenue
-12.8%
1.7%
Capex IntensityCapex / Revenue
14.4%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$16.3M
$-21.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSE
INSE
STIM
STIM
Q4 25
$1.2M
$908.0K
Q3 25
$10.1M
$-785.0K
Q2 25
$15.2M
$-3.5M
Q1 25
$25.5M
$-17.0M
Q4 24
$6.9M
$-8.6M
Q3 24
$21.2M
$-5.4M
Q2 24
$-2.4M
$-5.0M
Q1 24
$6.0M
$-12.0M
Free Cash Flow
INSE
INSE
STIM
STIM
Q4 25
$-9.9M
$692.0K
Q3 25
$4.3M
$-899.0K
Q2 25
$5.6M
$-3.8M
Q1 25
$16.3M
$-17.2M
Q4 24
$1.6M
$-8.7M
Q3 24
$16.8M
$-5.8M
Q2 24
$-5.3M
$-5.6M
Q1 24
$1.6M
$-12.4M
FCF Margin
INSE
INSE
STIM
STIM
Q4 25
-12.8%
1.7%
Q3 25
5.0%
-2.4%
Q2 25
7.0%
-9.9%
Q1 25
27.0%
-53.8%
Q4 24
1.9%
-38.6%
Q3 24
21.8%
-31.3%
Q2 24
-7.1%
-34.0%
Q1 24
2.6%
-71.1%
Capex Intensity
INSE
INSE
STIM
STIM
Q4 25
14.4%
0.5%
Q3 25
6.7%
0.3%
Q2 25
12.0%
0.7%
Q1 25
15.2%
0.7%
Q4 24
6.4%
0.4%
Q3 24
5.7%
2.1%
Q2 24
3.9%
3.7%
Q1 24
7.1%
2.2%
Cash Conversion
INSE
INSE
STIM
STIM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
Q3 24
7.57×
Q2 24
-1.71×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

INSE
INSE

Gaming$36.3M47%
Interactive$17.8M23%
Leisure$13.7M18%
Product Sales$8.8M11%

STIM
STIM

Segment breakdown not available.

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