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Side-by-side financial comparison of Planet Labs PBC (PL) and Neuronetics, Inc. (STIM). Click either name above to swap in a different company.
Planet Labs PBC is the larger business by last-quarter revenue ($81.3M vs $41.8M, roughly 1.9× Neuronetics, Inc.). Neuronetics, Inc. runs the higher net margin — -17.2% vs -72.8%, a 55.6% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs 32.6%). Planet Labs PBC produced more free cash flow last quarter ($1.9M vs $692.0K). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs 17.5%).
Planet Labs PBC, known as "Planet.", is a publicly traded American Earth imaging company based in San Francisco, California. Their goal is to image the entirety of the Earth daily to monitor changes and pinpoint trends.
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.
PL vs STIM — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $81.3M | $41.8M |
| Net Profit | $-59.2M | $-7.2M |
| Gross Margin | 57.3% | 52.0% |
| Operating Margin | -22.6% | -12.1% |
| Net Margin | -72.8% | -17.2% |
| Revenue YoY | 32.6% | 85.7% |
| Net Profit YoY | -194.7% | 43.2% |
| EPS (diluted) | $-0.19 | $-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 | $81.3M | $41.8M | ||
| Q3 25 | $73.4M | $37.3M | ||
| Q2 25 | $66.3M | $38.1M | ||
| Q1 25 | $61.6M | $32.0M | ||
| Q4 24 | $61.3M | $22.5M | ||
| Q3 24 | $61.1M | $18.5M | ||
| Q2 24 | $60.4M | $16.4M | ||
| Q1 24 | $58.9M | $17.4M |
| Q4 25 | $-59.2M | $-7.2M | ||
| Q3 25 | $-22.6M | $-9.0M | ||
| Q2 25 | $-12.6M | $-10.1M | ||
| Q1 25 | $-35.2M | $-12.7M | ||
| Q4 24 | $-20.1M | $-12.7M | ||
| Q3 24 | $-38.7M | $-13.3M | ||
| Q2 24 | $-29.3M | $-9.8M | ||
| Q1 24 | $-30.1M | $-7.9M |
| Q4 25 | 57.3% | 52.0% | ||
| Q3 25 | 57.6% | 45.9% | ||
| Q2 25 | 55.2% | 46.6% | ||
| Q1 25 | 62.1% | 49.2% | ||
| Q4 24 | 61.2% | 66.2% | ||
| Q3 24 | 52.9% | 75.6% | ||
| Q2 24 | 52.4% | 74.0% | ||
| Q1 24 | 55.2% | 75.1% |
| Q4 25 | -22.6% | -12.1% | ||
| Q3 25 | -24.5% | -19.6% | ||
| Q2 25 | -34.4% | -21.1% | ||
| Q1 25 | -31.5% | -34.4% | ||
| Q4 24 | -36.9% | -51.0% | ||
| Q3 24 | -64.8% | -41.7% | ||
| Q2 24 | -57.2% | -51.7% | ||
| Q1 24 | -57.6% | -39.4% |
| Q4 25 | -72.8% | -17.2% | ||
| Q3 25 | -30.8% | -24.3% | ||
| Q2 25 | -19.1% | -26.6% | ||
| Q1 25 | -57.1% | -39.6% | ||
| Q4 24 | -32.8% | -56.4% | ||
| Q3 24 | -63.3% | -72.0% | ||
| Q2 24 | -48.5% | -59.8% | ||
| Q1 24 | -51.1% | -45.2% |
| Q4 25 | $-0.19 | $-0.10 | ||
| Q3 25 | $-0.07 | $-0.13 | ||
| Q2 25 | $-0.04 | $-0.15 | ||
| Q1 25 | $-0.12 | $-0.21 | ||
| Q4 24 | $-0.07 | $-0.34 | ||
| Q3 24 | $-0.13 | $-0.44 | ||
| Q2 24 | $-0.10 | $-0.33 | ||
| Q1 24 | $-0.10 | $-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 | $443.3M | $28.1M |
| Total DebtLower is stronger | — | $65.8M |
| Stockholders' EquityBook value | $349.6M | $22.4M |
| Total Assets | $1.1B | $141.6M |
| Debt / EquityLower = less leverage | — | 2.94× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $443.3M | $28.1M | ||
| Q3 25 | $181.1M | $28.0M | ||
| Q2 25 | $133.5M | $11.0M | ||
| Q1 25 | $118.0M | $20.2M | ||
| Q4 24 | $139.0M | $18.5M | ||
| Q3 24 | $148.3M | $20.9M | ||
| Q2 24 | $107.4M | $42.6M | ||
| Q1 24 | $83.9M | $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 | $349.6M | $22.4M | ||
| Q3 25 | $435.7M | $27.4M | ||
| Q2 25 | $444.8M | $27.1M | ||
| Q1 25 | $441.3M | $35.5M | ||
| Q4 24 | $464.6M | $27.7M | ||
| Q3 24 | $473.2M | $9.4M | ||
| Q2 24 | $500.3M | $19.4M | ||
| Q1 24 | $518.0M | $27.7M |
| Q4 25 | $1.1B | $141.6M | ||
| Q3 25 | $696.4M | $145.5M | ||
| Q2 25 | $658.4M | $134.7M | ||
| Q1 25 | $633.8M | $142.0M | ||
| Q4 24 | $630.8M | $140.9M | ||
| Q3 24 | $658.4M | — | ||
| Q2 24 | $674.6M | $96.8M | ||
| Q1 24 | $702.0M | $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 | $28.6M | $908.0K |
| Free Cash FlowOCF − Capex | $1.9M | $692.0K |
| FCF MarginFCF / Revenue | 2.3% | 1.7% |
| Capex IntensityCapex / Revenue | 32.9% | 0.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $40.7M | $-21.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.6M | $908.0K | ||
| Q3 25 | $67.8M | $-785.0K | ||
| Q2 25 | $17.3M | $-3.5M | ||
| Q1 25 | $-6.3M | $-17.0M | ||
| Q4 24 | $4.1M | $-8.6M | ||
| Q3 24 | $-7.9M | $-5.4M | ||
| Q2 24 | $-4.3M | $-5.0M | ||
| Q1 24 | $-6.8M | $-12.0M |
| Q4 25 | $1.9M | $692.0K | ||
| Q3 25 | $47.5M | $-899.0K | ||
| Q2 25 | $9.2M | $-3.8M | ||
| Q1 25 | $-17.9M | $-17.2M | ||
| Q4 24 | $-3.6M | $-8.7M | ||
| Q3 24 | $-23.0M | $-5.8M | ||
| Q2 24 | $-14.2M | $-5.6M | ||
| Q1 24 | $-15.7M | $-12.4M |
| Q4 25 | 2.3% | 1.7% | ||
| Q3 25 | 64.7% | -2.4% | ||
| Q2 25 | 13.9% | -9.9% | ||
| Q1 25 | -29.1% | -53.8% | ||
| Q4 24 | -5.8% | -38.6% | ||
| Q3 24 | -37.6% | -31.3% | ||
| Q2 24 | -23.6% | -34.0% | ||
| Q1 24 | -26.7% | -71.1% |
| Q4 25 | 32.9% | 0.5% | ||
| Q3 25 | 27.6% | 0.3% | ||
| Q2 25 | 12.3% | 0.7% | ||
| Q1 25 | 18.9% | 0.7% | ||
| Q4 24 | 12.5% | 0.4% | ||
| Q3 24 | 24.8% | 2.1% | ||
| Q2 24 | 16.4% | 3.7% | ||
| Q1 24 | 15.1% | 2.2% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
STIM
Segment breakdown not available.
