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

Neuronetics, Inc. is the larger business by last-quarter revenue ($41.8M vs $26.7M, roughly 1.6× VersaBank). VersaBank runs the higher net margin — 30.3% vs -17.2%, a 47.6% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs 31.2%). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs 16.6%).

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. 

VersaBank is a Canada-based digital-first financial institution offering commercial lending, high-interest deposit accounts and customized financial services for SMEs, retail clients and institutional partners across North America. It operates no physical branches, using secure digital infrastructure to deliver efficient, cost-effective banking experiences.

STIM vs VBNK — Head-to-Head

Bigger by revenue
STIM
STIM
1.6× larger
STIM
$41.8M
$26.7M
VBNK
Growing faster (revenue YoY)
STIM
STIM
+54.5% gap
STIM
85.7%
31.2%
VBNK
Higher net margin
VBNK
VBNK
47.6% more per $
VBNK
30.3%
-17.2%
STIM
Faster 2-yr revenue CAGR
STIM
STIM
Annualised
STIM
54.9%
16.6%
VBNK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
STIM
STIM
VBNK
VBNK
Revenue
$41.8M
$26.7M
Net Profit
$-7.2M
$8.1M
Gross Margin
52.0%
Operating Margin
-12.1%
Net Margin
-17.2%
30.3%
Revenue YoY
85.7%
31.2%
Net Profit YoY
43.2%
35.9%
EPS (diluted)
$-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
STIM
STIM
VBNK
VBNK
Q1 26
$26.7M
Q4 25
$41.8M
Q3 25
$37.3M
$23.1M
Q2 25
$38.1M
$22.0M
Q1 25
$32.0M
$20.3M
Q4 24
$22.5M
Q3 24
$18.5M
$19.7M
Q2 24
$16.4M
$20.8M
Net Profit
STIM
STIM
VBNK
VBNK
Q1 26
$8.1M
Q4 25
$-7.2M
Q3 25
$-9.0M
$4.8M
Q2 25
$-10.1M
$6.2M
Q1 25
$-12.7M
$5.9M
Q4 24
$-12.7M
Q3 24
$-13.3M
$7.1M
Q2 24
$-9.8M
$8.6M
Gross Margin
STIM
STIM
VBNK
VBNK
Q1 26
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%
Operating Margin
STIM
STIM
VBNK
VBNK
Q1 26
Q4 25
-12.1%
Q3 25
-19.6%
Q2 25
-21.1%
Q1 25
-34.4%
Q4 24
-51.0%
Q3 24
-41.7%
Q2 24
-51.7%
Net Margin
STIM
STIM
VBNK
VBNK
Q1 26
30.3%
Q4 25
-17.2%
Q3 25
-24.3%
20.8%
Q2 25
-26.6%
28.3%
Q1 25
-39.6%
29.3%
Q4 24
-56.4%
Q3 24
-72.0%
35.9%
Q2 24
-59.8%
41.5%
EPS (diluted)
STIM
STIM
VBNK
VBNK
Q1 26
Q4 25
$-0.10
Q3 25
$-0.13
Q2 25
$-0.15
Q1 25
$-0.21
Q4 24
$-0.34
Q3 24
$-0.44
Q2 24
$-0.33

Balance Sheet & Financial Strength

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

Metric
STIM
STIM
VBNK
VBNK
Cash + ST InvestmentsLiquidity on hand
$28.1M
$458.4M
Total DebtLower is stronger
$65.8M
Stockholders' EquityBook value
$22.4M
$396.4M
Total Assets
$141.6M
$4.5B
Debt / EquityLower = less leverage
2.94×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STIM
STIM
VBNK
VBNK
Q1 26
$458.4M
Q4 25
$28.1M
Q3 25
$28.0M
$336.0M
Q2 25
$11.0M
$248.3M
Q1 25
$20.2M
$282.3M
Q4 24
$18.5M
Q3 24
$20.9M
$181.0M
Q2 24
$42.6M
$145.1M
Total Debt
STIM
STIM
VBNK
VBNK
Q1 26
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
Stockholders' Equity
STIM
STIM
VBNK
VBNK
Q1 26
$396.4M
Q4 25
$22.4M
Q3 25
$27.4M
$385.5M
Q2 25
$27.1M
$385.7M
Q1 25
$35.5M
$380.5M
Q4 24
$27.7M
Q3 24
$9.4M
$298.6M
Q2 24
$19.4M
$292.1M
Total Assets
STIM
STIM
VBNK
VBNK
Q1 26
$4.5B
Q4 25
$141.6M
Q3 25
$145.5M
$4.0B
Q2 25
$134.7M
$3.7B
Q1 25
$142.0M
$3.6B
Q4 24
$140.9M
Q3 24
$3.3B
Q2 24
$96.8M
$3.2B
Debt / Equity
STIM
STIM
VBNK
VBNK
Q1 26
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×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
STIM
STIM
VBNK
VBNK
Operating Cash FlowLast quarter
$908.0K
$40.6M
Free Cash FlowOCF − Capex
$692.0K
FCF MarginFCF / Revenue
1.7%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
5.03×
TTM Free Cash FlowTrailing 4 quarters
$-21.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STIM
STIM
VBNK
VBNK
Q1 26
$40.6M
Q4 25
$908.0K
Q3 25
$-785.0K
Q2 25
$-3.5M
Q1 25
$-17.0M
$-65.0M
Q4 24
$-8.6M
Q3 24
$-5.4M
Q2 24
$-5.0M
Free Cash Flow
STIM
STIM
VBNK
VBNK
Q1 26
Q4 25
$692.0K
Q3 25
$-899.0K
Q2 25
$-3.8M
Q1 25
$-17.2M
Q4 24
$-8.7M
Q3 24
$-5.8M
Q2 24
$-5.6M
FCF Margin
STIM
STIM
VBNK
VBNK
Q1 26
Q4 25
1.7%
Q3 25
-2.4%
Q2 25
-9.9%
Q1 25
-53.8%
Q4 24
-38.6%
Q3 24
-31.3%
Q2 24
-34.0%
Capex Intensity
STIM
STIM
VBNK
VBNK
Q1 26
Q4 25
0.5%
Q3 25
0.3%
Q2 25
0.7%
Q1 25
0.7%
Q4 24
0.4%
Q3 24
2.1%
Q2 24
3.7%
Cash Conversion
STIM
STIM
VBNK
VBNK
Q1 26
5.03×
Q4 25
Q3 25
Q2 25
Q1 25
-10.94×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

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