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Side-by-side financial comparison of MARINE PRODUCTS CORP (MPX) and Neuronetics, Inc. (STIM). Click either name above to swap in a different company.
MARINE PRODUCTS CORP is the larger business by last-quarter revenue ($64.6M vs $41.8M, roughly 1.5× Neuronetics, Inc.). MARINE PRODUCTS CORP runs the higher net margin — 3.7% vs -17.2%, a 20.9% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs 35.0%). MARINE PRODUCTS CORP produced more free cash flow last quarter ($4.1M vs $692.0K). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs -3.5%).
West Marine is an American company based in Fort Lauderdale, Florida, which operates a chain of boating supply and fishing retail stores. The company has 247 retail stores in North America. West Marine also runs Blue Future a non profit organization. West Marine's flagship store is in Fort Lauderdale. Opened on November 11, 2011, the store is the company's largest at over 50,000 square feet.
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.
MPX vs STIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $41.8M |
| Net Profit | $2.4M | $-7.2M |
| Gross Margin | 19.6% | 52.0% |
| Operating Margin | 5.8% | -12.1% |
| Net Margin | 3.7% | -17.2% |
| Revenue YoY | 35.0% | 85.7% |
| Net Profit YoY | -44.6% | 43.2% |
| EPS (diluted) | $0.07 | $-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 | $64.6M | $41.8M | ||
| Q3 25 | $53.1M | $37.3M | ||
| Q2 25 | $67.7M | $38.1M | ||
| Q1 25 | $59.0M | $32.0M | ||
| Q4 24 | $47.8M | $22.5M | ||
| Q3 24 | $49.9M | $18.5M | ||
| Q2 24 | $69.5M | $16.4M | ||
| Q1 24 | $69.3M | $17.4M |
| Q4 25 | $2.4M | $-7.2M | ||
| Q3 25 | $2.6M | $-9.0M | ||
| Q2 25 | $4.2M | $-10.1M | ||
| Q1 25 | $2.2M | $-12.7M | ||
| Q4 24 | $4.3M | $-12.7M | ||
| Q3 24 | $3.4M | $-13.3M | ||
| Q2 24 | $5.6M | $-9.8M | ||
| Q1 24 | $4.6M | $-7.9M |
| Q4 25 | 19.6% | 52.0% | ||
| Q3 25 | 19.2% | 45.9% | ||
| Q2 25 | 19.1% | 46.6% | ||
| Q1 25 | 18.6% | 49.2% | ||
| Q4 24 | 19.2% | 66.2% | ||
| Q3 24 | 18.4% | 75.6% | ||
| Q2 24 | 18.9% | 74.0% | ||
| Q1 24 | 20.2% | 75.1% |
| Q4 25 | 5.8% | -12.1% | ||
| Q3 25 | 5.4% | -19.6% | ||
| Q2 25 | 7.1% | -21.1% | ||
| Q1 25 | 4.4% | -34.4% | ||
| Q4 24 | 7.7% | -51.0% | ||
| Q3 24 | 7.2% | -41.7% | ||
| Q2 24 | 8.3% | -51.7% | ||
| Q1 24 | 7.6% | -39.4% |
| Q4 25 | 3.7% | -17.2% | ||
| Q3 25 | 5.0% | -24.3% | ||
| Q2 25 | 6.1% | -26.6% | ||
| Q1 25 | 3.7% | -39.6% | ||
| Q4 24 | 8.9% | -56.4% | ||
| Q3 24 | 6.8% | -72.0% | ||
| Q2 24 | 8.0% | -59.8% | ||
| Q1 24 | 6.6% | -45.2% |
| Q4 25 | $0.07 | $-0.10 | ||
| Q3 25 | $0.07 | $-0.13 | ||
| Q2 25 | $0.12 | $-0.15 | ||
| Q1 25 | $0.06 | $-0.21 | ||
| Q4 24 | $0.13 | $-0.34 | ||
| Q3 24 | $0.10 | $-0.44 | ||
| Q2 24 | $0.14 | $-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 | — | $28.1M |
| Total DebtLower is stronger | — | $65.8M |
| Stockholders' EquityBook value | $125.0M | $22.4M |
| Total Assets | $147.2M | $141.6M |
| Debt / EquityLower = less leverage | — | 2.94× |
8-quarter trend — quarters aligned by calendar period.
| 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 |
| 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 | $125.0M | $22.4M | ||
| Q3 25 | $126.3M | $27.4M | ||
| Q2 25 | $127.2M | $27.1M | ||
| Q1 25 | $126.4M | $35.5M | ||
| Q4 24 | $129.0M | $27.7M | ||
| Q3 24 | $128.8M | $9.4M | ||
| Q2 24 | $129.3M | $19.4M | ||
| Q1 24 | $151.4M | $27.7M |
| Q4 25 | $147.2M | $141.6M | ||
| Q3 25 | $179.5M | $145.5M | ||
| Q2 25 | $173.2M | $134.7M | ||
| Q1 25 | $182.9M | $142.0M | ||
| Q4 24 | $171.2M | $140.9M | ||
| Q3 24 | $176.3M | — | ||
| Q2 24 | $175.7M | $96.8M | ||
| Q1 24 | $204.0M | $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 | $4.7M | $908.0K |
| Free Cash FlowOCF − Capex | $4.1M | $692.0K |
| FCF MarginFCF / Revenue | 6.4% | 1.7% |
| Capex IntensityCapex / Revenue | 0.9% | 0.5% |
| Cash ConversionOCF / Net Profit | 2.00× | — |
| TTM Free Cash FlowTrailing 4 quarters | $14.9M | $-21.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.7M | $908.0K | ||
| Q3 25 | $2.6M | $-785.0K | ||
| Q2 25 | $-1.6M | $-3.5M | ||
| Q1 25 | $10.8M | $-17.0M | ||
| Q4 24 | $4.6M | $-8.6M | ||
| Q3 24 | $5.1M | $-5.4M | ||
| Q2 24 | $3.8M | $-5.0M | ||
| Q1 24 | $15.9M | $-12.0M |
| Q4 25 | $4.1M | $692.0K | ||
| Q3 25 | $2.1M | $-899.0K | ||
| Q2 25 | $-2.0M | $-3.8M | ||
| Q1 25 | $10.7M | $-17.2M | ||
| Q4 24 | $3.6M | $-8.7M | ||
| Q3 24 | $3.2M | $-5.8M | ||
| Q2 24 | $3.0M | $-5.6M | ||
| Q1 24 | $15.0M | $-12.4M |
| Q4 25 | 6.4% | 1.7% | ||
| Q3 25 | 4.0% | -2.4% | ||
| Q2 25 | -3.0% | -9.9% | ||
| Q1 25 | 18.1% | -53.8% | ||
| Q4 24 | 7.6% | -38.6% | ||
| Q3 24 | 6.5% | -31.3% | ||
| Q2 24 | 4.4% | -34.0% | ||
| Q1 24 | 21.7% | -71.1% |
| Q4 25 | 0.9% | 0.5% | ||
| Q3 25 | 0.8% | 0.3% | ||
| Q2 25 | 0.6% | 0.7% | ||
| Q1 25 | 0.2% | 0.7% | ||
| Q4 24 | 2.1% | 0.4% | ||
| Q3 24 | 3.8% | 2.1% | ||
| Q2 24 | 1.1% | 3.7% | ||
| Q1 24 | 1.3% | 2.2% |
| Q4 25 | 2.00× | — | ||
| Q3 25 | 0.97× | — | ||
| Q2 25 | -0.39× | — | ||
| Q1 25 | 4.88× | — | ||
| Q4 24 | 1.09× | — | ||
| Q3 24 | 1.51× | — | ||
| Q2 24 | 0.68× | — | ||
| Q1 24 | 3.46× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
STIM
Segment breakdown not available.
