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Side-by-side financial comparison of Repay Holdings Corp (RPAY) and Neuronetics, Inc. (STIM). Click either name above to swap in a different company.
Repay Holdings Corp is the larger business by last-quarter revenue ($78.6M vs $41.8M, roughly 1.9× Neuronetics, Inc.). Neuronetics, Inc. runs the higher net margin — -17.2% vs -178.3%, a 161.0% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs 0.4%). Repay Holdings Corp produced more free cash flow last quarter ($23.2M vs $692.0K). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs -1.3%).
Repay Holdings Corp is a leading payment technology provider delivering integrated end-to-end payment processing solutions for businesses across North America. Its offerings include credit/debit card processing, ACH transfer services, POS system integrations and digital payment tools, serving retail, healthcare, automotive and e-commerce segments to help clients streamline transaction workflows and boost operational efficiency.
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.
RPAY vs STIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.6M | $41.8M |
| Net Profit | $-140.1M | $-7.2M |
| Gross Margin | 74.2% | 52.0% |
| Operating Margin | -182.2% | -12.1% |
| Net Margin | -178.3% | -17.2% |
| Revenue YoY | 0.4% | 85.7% |
| Net Profit YoY | -3304.1% | 43.2% |
| EPS (diluted) | $-1.68 | $-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 | $78.6M | $41.8M | ||
| Q3 25 | $77.7M | $37.3M | ||
| Q2 25 | $75.6M | $38.1M | ||
| Q1 25 | $77.3M | $32.0M | ||
| Q4 24 | $78.3M | $22.5M | ||
| Q3 24 | $79.1M | $18.5M | ||
| Q2 24 | $74.9M | $16.4M | ||
| Q1 24 | $80.7M | $17.4M |
| Q4 25 | $-140.1M | $-7.2M | ||
| Q3 25 | $-6.4M | $-9.0M | ||
| Q2 25 | $-102.3M | $-10.1M | ||
| Q1 25 | $-7.9M | $-12.7M | ||
| Q4 24 | $-4.1M | $-12.7M | ||
| Q3 24 | $3.2M | $-13.3M | ||
| Q2 24 | $-4.1M | $-9.8M | ||
| Q1 24 | $-5.2M | $-7.9M |
| Q4 25 | 74.2% | 52.0% | ||
| Q3 25 | 74.4% | 45.9% | ||
| Q2 25 | 75.7% | 46.6% | ||
| Q1 25 | 75.9% | 49.2% | ||
| Q4 24 | 76.3% | 66.2% | ||
| Q3 24 | 77.8% | 75.6% | ||
| Q2 24 | 78.2% | 74.0% | ||
| Q1 24 | 76.2% | 75.1% |
| Q4 25 | -182.2% | -12.1% | ||
| Q3 25 | -3.9% | -19.6% | ||
| Q2 25 | -138.7% | -21.1% | ||
| Q1 25 | -4.7% | -34.4% | ||
| Q4 24 | -1.5% | -51.0% | ||
| Q3 24 | -0.9% | -41.7% | ||
| Q2 24 | -4.6% | -51.7% | ||
| Q1 24 | -3.1% | -39.4% |
| Q4 25 | -178.3% | -17.2% | ||
| Q3 25 | -8.3% | -24.3% | ||
| Q2 25 | -135.2% | -26.6% | ||
| Q1 25 | -10.3% | -39.6% | ||
| Q4 24 | -5.3% | -56.4% | ||
| Q3 24 | 4.1% | -72.0% | ||
| Q2 24 | -5.4% | -59.8% | ||
| Q1 24 | -6.5% | -45.2% |
| Q4 25 | $-1.68 | $-0.10 | ||
| Q3 25 | $-0.08 | $-0.13 | ||
| Q2 25 | $-1.15 | $-0.15 | ||
| Q1 25 | $-0.09 | $-0.21 | ||
| Q4 24 | $-0.04 | $-0.34 | ||
| Q3 24 | $0.03 | $-0.44 | ||
| Q2 24 | $-0.04 | $-0.33 | ||
| Q1 24 | $-0.06 | $-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 | $115.7M | $28.1M |
| Total DebtLower is stronger | $280.1M | $65.8M |
| Stockholders' EquityBook value | $484.4M | $22.4M |
| Total Assets | $1.2B | $141.6M |
| Debt / EquityLower = less leverage | 0.58× | 2.94× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $115.7M | $28.1M | ||
| Q3 25 | $95.7M | $28.0M | ||
| Q2 25 | $162.6M | $11.0M | ||
| Q1 25 | $165.5M | $20.2M | ||
| Q4 24 | $189.5M | $18.5M | ||
| Q3 24 | $168.7M | $20.9M | ||
| Q2 24 | $147.1M | $42.6M | ||
| Q1 24 | $128.3M | $47.7M |
| Q4 25 | $280.1M | $65.8M | ||
| Q3 25 | $279.5M | $65.7M | ||
| Q2 25 | $279.0M | $55.5M | ||
| Q1 25 | $497.6M | $55.3M | ||
| Q4 24 | $496.8M | $55.2M | ||
| Q3 24 | $496.2M | $46.0M | ||
| Q2 24 | $435.6M | $59.8M | ||
| Q1 24 | $434.9M | $59.4M |
| Q4 25 | $484.4M | $22.4M | ||
| Q3 25 | $616.9M | $27.4M | ||
| Q2 25 | $633.7M | $27.1M | ||
| Q1 25 | $755.7M | $35.5M | ||
| Q4 24 | $761.3M | $27.7M | ||
| Q3 24 | $754.7M | $9.4M | ||
| Q2 24 | $815.4M | $19.4M | ||
| Q1 24 | $813.8M | $27.7M |
| Q4 25 | $1.2B | $141.6M | ||
| Q3 25 | $1.3B | $145.5M | ||
| Q2 25 | $1.4B | $134.7M | ||
| Q1 25 | $1.5B | $142.0M | ||
| Q4 24 | $1.6B | $140.9M | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.5B | $96.8M | ||
| Q1 24 | $1.5B | $103.8M |
| Q4 25 | 0.58× | 2.94× | ||
| Q3 25 | 0.45× | 2.40× | ||
| Q2 25 | 0.44× | 2.05× | ||
| Q1 25 | 0.66× | 1.56× | ||
| Q4 24 | 0.65× | 1.99× | ||
| Q3 24 | 0.66× | 4.90× | ||
| Q2 24 | 0.53× | 3.08× | ||
| Q1 24 | 0.53× | 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 | $23.3M | $908.0K |
| Free Cash FlowOCF − Capex | $23.2M | $692.0K |
| FCF MarginFCF / Revenue | 29.6% | 1.7% |
| Capex IntensityCapex / Revenue | 0.1% | 0.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $90.7M | $-21.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.3M | $908.0K | ||
| Q3 25 | $32.2M | $-785.0K | ||
| Q2 25 | $33.1M | $-3.5M | ||
| Q1 25 | $2.5M | $-17.0M | ||
| Q4 24 | $34.3M | $-8.6M | ||
| Q3 24 | $60.1M | $-5.4M | ||
| Q2 24 | $31.0M | $-5.0M | ||
| Q1 24 | $24.8M | $-12.0M |
| Q4 25 | $23.2M | $692.0K | ||
| Q3 25 | $32.1M | $-899.0K | ||
| Q2 25 | $33.0M | $-3.8M | ||
| Q1 25 | $2.4M | $-17.2M | ||
| Q4 24 | $34.0M | $-8.7M | ||
| Q3 24 | $59.8M | $-5.8M | ||
| Q2 24 | $30.5M | $-5.6M | ||
| Q1 24 | $24.7M | $-12.4M |
| Q4 25 | 29.6% | 1.7% | ||
| Q3 25 | 41.3% | -2.4% | ||
| Q2 25 | 43.6% | -9.9% | ||
| Q1 25 | 3.0% | -53.8% | ||
| Q4 24 | 43.5% | -38.6% | ||
| Q3 24 | 75.6% | -31.3% | ||
| Q2 24 | 40.7% | -34.0% | ||
| Q1 24 | 30.6% | -71.1% |
| Q4 25 | 0.1% | 0.5% | ||
| Q3 25 | 0.2% | 0.3% | ||
| Q2 25 | 0.1% | 0.7% | ||
| Q1 25 | 0.2% | 0.7% | ||
| Q4 24 | 0.3% | 0.4% | ||
| Q3 24 | 0.3% | 2.1% | ||
| Q2 24 | 0.6% | 3.7% | ||
| Q1 24 | 0.1% | 2.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 18.52× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
STIM
Segment breakdown not available.
