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

Mastech Digital, Inc. is the larger business by last-quarter revenue ($45.5M vs $41.8M, roughly 1.1× Neuronetics, Inc.). Mastech Digital, Inc. runs the higher net margin — 2.1% vs -17.2%, a 19.4% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs -10.4%). Mastech Digital, Inc. produced more free cash flow last quarter ($4.3M vs $692.0K). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs -1.5%).

Mastech Digital, Inc. is a digital transformation and information technology (IT) services company headquartered in Pittsburgh, Pennsylvania, providing services to corporations across North America, Middle East, Asian, and Japan.

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. 

MHH vs STIM — Head-to-Head

Bigger by revenue
MHH
MHH
1.1× larger
MHH
$45.5M
$41.8M
STIM
Growing faster (revenue YoY)
STIM
STIM
+96.1% gap
STIM
85.7%
-10.4%
MHH
Higher net margin
MHH
MHH
19.4% more per $
MHH
2.1%
-17.2%
STIM
More free cash flow
MHH
MHH
$3.6M more FCF
MHH
$4.3M
$692.0K
STIM
Faster 2-yr revenue CAGR
STIM
STIM
Annualised
STIM
54.9%
-1.5%
MHH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MHH
MHH
STIM
STIM
Revenue
$45.5M
$41.8M
Net Profit
$972.0K
$-7.2M
Gross Margin
28.3%
52.0%
Operating Margin
2.2%
-12.1%
Net Margin
2.1%
-17.2%
Revenue YoY
-10.4%
85.7%
Net Profit YoY
227.3%
43.2%
EPS (diluted)
$0.08
$-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
MHH
MHH
STIM
STIM
Q4 25
$45.5M
$41.8M
Q3 25
$48.5M
$37.3M
Q2 25
$49.1M
$38.1M
Q1 25
$48.3M
$32.0M
Q4 24
$50.7M
$22.5M
Q3 24
$51.8M
$18.5M
Q2 24
$49.5M
$16.4M
Q1 24
$46.8M
$17.4M
Net Profit
MHH
MHH
STIM
STIM
Q4 25
$972.0K
$-7.2M
Q3 25
$941.0K
$-9.0M
Q2 25
$135.0K
$-10.1M
Q1 25
$-1.4M
$-12.7M
Q4 24
$297.0K
$-12.7M
Q3 24
$1.9M
$-13.3M
Q2 24
$1.4M
$-9.8M
Q1 24
$-161.0K
$-7.9M
Gross Margin
MHH
MHH
STIM
STIM
Q4 25
28.3%
52.0%
Q3 25
27.8%
45.9%
Q2 25
28.1%
46.6%
Q1 25
26.7%
49.2%
Q4 24
29.0%
66.2%
Q3 24
28.5%
75.6%
Q2 24
28.2%
74.0%
Q1 24
25.9%
75.1%
Operating Margin
MHH
MHH
STIM
STIM
Q4 25
2.2%
-12.1%
Q3 25
1.7%
-19.6%
Q2 25
0.1%
-21.1%
Q1 25
-3.8%
-34.4%
Q4 24
0.1%
-51.0%
Q3 24
4.7%
-41.7%
Q2 24
3.4%
-51.7%
Q1 24
-0.9%
-39.4%
Net Margin
MHH
MHH
STIM
STIM
Q4 25
2.1%
-17.2%
Q3 25
1.9%
-24.3%
Q2 25
0.3%
-26.6%
Q1 25
-3.0%
-39.6%
Q4 24
0.6%
-56.4%
Q3 24
3.6%
-72.0%
Q2 24
2.8%
-59.8%
Q1 24
-0.3%
-45.2%
EPS (diluted)
MHH
MHH
STIM
STIM
Q4 25
$0.08
$-0.10
Q3 25
$0.08
$-0.13
Q2 25
$0.01
$-0.15
Q1 25
$-0.12
$-0.21
Q4 24
$0.01
$-0.34
Q3 24
$0.16
$-0.44
Q2 24
$0.12
$-0.33
Q1 24
$-0.01
$-0.27

Balance Sheet & Financial Strength

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

Metric
MHH
MHH
STIM
STIM
Cash + ST InvestmentsLiquidity on hand
$36.5M
$28.1M
Total DebtLower is stronger
$65.8M
Stockholders' EquityBook value
$89.3M
$22.4M
Total Assets
$111.8M
$141.6M
Debt / EquityLower = less leverage
2.94×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHH
MHH
STIM
STIM
Q4 25
$36.5M
$28.1M
Q3 25
$32.7M
$28.0M
Q2 25
$27.9M
$11.0M
Q1 25
$24.7M
$20.2M
Q4 24
$27.7M
$18.5M
Q3 24
$23.9M
$20.9M
Q2 24
$20.6M
$42.6M
Q1 24
$19.4M
$47.7M
Total Debt
MHH
MHH
STIM
STIM
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
Stockholders' Equity
MHH
MHH
STIM
STIM
Q4 25
$89.3M
$22.4M
Q3 25
$88.0M
$27.4M
Q2 25
$87.8M
$27.1M
Q1 25
$86.9M
$35.5M
Q4 24
$87.4M
$27.7M
Q3 24
$86.5M
$9.4M
Q2 24
$84.0M
$19.4M
Q1 24
$81.7M
$27.7M
Total Assets
MHH
MHH
STIM
STIM
Q4 25
$111.8M
$141.6M
Q3 25
$112.6M
$145.5M
Q2 25
$110.4M
$134.7M
Q1 25
$110.1M
$142.0M
Q4 24
$111.5M
$140.9M
Q3 24
$111.5M
Q2 24
$107.5M
$96.8M
Q1 24
$106.1M
$103.8M
Debt / Equity
MHH
MHH
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
MHH
MHH
STIM
STIM
Operating Cash FlowLast quarter
$4.4M
$908.0K
Free Cash FlowOCF − Capex
$4.3M
$692.0K
FCF MarginFCF / Revenue
9.5%
1.7%
Capex IntensityCapex / Revenue
0.1%
0.5%
Cash ConversionOCF / Net Profit
4.48×
TTM Free Cash FlowTrailing 4 quarters
$10.8M
$-21.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MHH
MHH
STIM
STIM
Q4 25
$4.4M
$908.0K
Q3 25
$6.5M
$-785.0K
Q2 25
$3.3M
$-3.5M
Q1 25
$-3.0M
$-17.0M
Q4 24
$4.0M
$-8.6M
Q3 24
$3.3M
$-5.4M
Q2 24
$1.2M
$-5.0M
Q1 24
$-1.3M
$-12.0M
Free Cash Flow
MHH
MHH
STIM
STIM
Q4 25
$4.3M
$692.0K
Q3 25
$6.3M
$-899.0K
Q2 25
$3.2M
$-3.8M
Q1 25
$-3.1M
$-17.2M
Q4 24
$3.9M
$-8.7M
Q3 24
$3.2M
$-5.8M
Q2 24
$707.0K
$-5.6M
Q1 24
$-1.6M
$-12.4M
FCF Margin
MHH
MHH
STIM
STIM
Q4 25
9.5%
1.7%
Q3 25
13.0%
-2.4%
Q2 25
6.6%
-9.9%
Q1 25
-6.4%
-53.8%
Q4 24
7.7%
-38.6%
Q3 24
6.2%
-31.3%
Q2 24
1.4%
-34.0%
Q1 24
-3.4%
-71.1%
Capex Intensity
MHH
MHH
STIM
STIM
Q4 25
0.1%
0.5%
Q3 25
0.4%
0.3%
Q2 25
0.1%
0.7%
Q1 25
0.2%
0.7%
Q4 24
0.2%
0.4%
Q3 24
0.1%
2.1%
Q2 24
1.0%
3.7%
Q1 24
0.6%
2.2%
Cash Conversion
MHH
MHH
STIM
STIM
Q4 25
4.48×
Q3 25
6.88×
Q2 25
24.41×
Q1 25
Q4 24
13.60×
Q3 24
1.76×
Q2 24
0.85×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MHH
MHH

IT Staffing Services$37.6M83%
Data And Analytics Services$7.8M17%

STIM
STIM

Segment breakdown not available.

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