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Side-by-side financial comparison of Neuronetics, Inc. (STIM) and Velocity Financial, Inc. (VEL). Click either name above to swap in a different company.
Velocity Financial, Inc. is the larger business by last-quarter revenue ($51.6M vs $41.8M, roughly 1.2× Neuronetics, Inc.). Velocity Financial, Inc. runs the higher net margin — 67.3% vs -17.2%, a 84.6% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs 32.8%). Velocity Financial, Inc. produced more free cash flow last quarter ($17.9M vs $692.0K). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs 32.3%).
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.
Velocity Financial, Inc. is a U.S.-headquartered real estate finance company that offers specialized mortgage loan solutions primarily for residential investment properties. It partners with independent mortgage brokers nationwide, providing real estate investors with short-term bridge loans and long-term rental property financing options tailored to their operational needs.
STIM vs VEL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $41.8M | $51.6M |
| Net Profit | $-7.2M | $34.8M |
| Gross Margin | 52.0% | — |
| Operating Margin | -12.1% | 97.0% |
| Net Margin | -17.2% | 67.3% |
| Revenue YoY | 85.7% | 32.8% |
| Net Profit YoY | 43.2% | 67.0% |
| EPS (diluted) | $-0.10 | $0.90 |
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 | $41.8M | $51.6M | ||
| Q3 25 | $37.3M | $49.1M | ||
| Q2 25 | $38.1M | $47.6M | ||
| Q1 25 | $32.0M | $37.5M | ||
| Q4 24 | $22.5M | $38.9M | ||
| Q3 24 | $18.5M | $35.1M | ||
| Q2 24 | $16.4M | $32.4M | ||
| Q1 24 | $17.4M | $29.5M |
| Q4 25 | $-7.2M | $34.8M | ||
| Q3 25 | $-9.0M | $25.4M | ||
| Q2 25 | $-10.1M | $26.0M | ||
| Q1 25 | $-12.7M | $18.9M | ||
| Q4 24 | $-12.7M | $20.8M | ||
| Q3 24 | $-13.3M | $15.8M | ||
| Q2 24 | $-9.8M | $14.8M | ||
| Q1 24 | $-7.9M | $17.3M |
| 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% | — | ||
| Q1 24 | 75.1% | — |
| Q4 25 | -12.1% | 97.0% | ||
| Q3 25 | -19.6% | 72.1% | ||
| Q2 25 | -21.1% | 71.3% | ||
| Q1 25 | -34.4% | 71.7% | ||
| Q4 24 | -51.0% | 82.5% | ||
| Q3 24 | -41.7% | 60.6% | ||
| Q2 24 | -51.7% | 61.3% | ||
| Q1 24 | -39.4% | 78.8% |
| Q4 25 | -17.2% | 67.3% | ||
| Q3 25 | -24.3% | 51.7% | ||
| Q2 25 | -26.6% | 54.6% | ||
| Q1 25 | -39.6% | 50.4% | ||
| Q4 24 | -56.4% | 53.5% | ||
| Q3 24 | -72.0% | 45.1% | ||
| Q2 24 | -59.8% | 45.6% | ||
| Q1 24 | -45.2% | 58.5% |
| Q4 25 | $-0.10 | $0.90 | ||
| Q3 25 | $-0.13 | $0.65 | ||
| Q2 25 | $-0.15 | $0.69 | ||
| Q1 25 | $-0.21 | $0.51 | ||
| Q4 24 | $-0.34 | $0.56 | ||
| Q3 24 | $-0.44 | $0.44 | ||
| Q2 24 | $-0.33 | $0.42 | ||
| Q1 24 | $-0.27 | $0.49 |
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 | $92.1M |
| Total DebtLower is stronger | $65.8M | — |
| Stockholders' EquityBook value | $22.4M | $672.5M |
| Total Assets | $141.6M | $7.4B |
| Debt / EquityLower = less leverage | 2.94× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.1M | $92.1M | ||
| Q3 25 | $28.0M | $99.0M | ||
| Q2 25 | $11.0M | $79.6M | ||
| Q1 25 | $20.2M | $51.7M | ||
| Q4 24 | $18.5M | $49.9M | ||
| Q3 24 | $20.9M | $44.1M | ||
| Q2 24 | $42.6M | $47.4M | ||
| Q1 24 | $47.7M | $34.8M |
| 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 | $22.4M | $672.5M | ||
| Q3 25 | $27.4M | $634.3M | ||
| Q2 25 | $27.1M | $597.9M | ||
| Q1 25 | $35.5M | $563.2M | ||
| Q4 24 | $27.7M | $516.9M | ||
| Q3 24 | $9.4M | $484.6M | ||
| Q2 24 | $19.4M | $471.3M | ||
| Q1 24 | $27.7M | $452.9M |
| Q4 25 | $141.6M | $7.4B | ||
| Q3 25 | $145.5M | $7.0B | ||
| Q2 25 | $134.7M | $6.5B | ||
| Q1 25 | $142.0M | $6.0B | ||
| Q4 24 | $140.9M | $5.5B | ||
| Q3 24 | — | $5.2B | ||
| Q2 24 | $96.8M | $4.9B | ||
| Q1 24 | $103.8M | $4.6B |
| 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 | $908.0K | $18.2M |
| Free Cash FlowOCF − Capex | $692.0K | $17.9M |
| FCF MarginFCF / Revenue | 1.7% | 34.6% |
| Capex IntensityCapex / Revenue | 0.5% | 0.5% |
| Cash ConversionOCF / Net Profit | — | 0.52× |
| TTM Free Cash FlowTrailing 4 quarters | $-21.2M | $40.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $908.0K | $18.2M | ||
| Q3 25 | $-785.0K | $11.5M | ||
| Q2 25 | $-3.5M | $7.7M | ||
| Q1 25 | $-17.0M | $3.5M | ||
| Q4 24 | $-8.6M | $37.8M | ||
| Q3 24 | $-5.4M | $-17.6M | ||
| Q2 24 | $-5.0M | $11.5M | ||
| Q1 24 | $-12.0M | $10.6M |
| Q4 25 | $692.0K | $17.9M | ||
| Q3 25 | $-899.0K | $11.4M | ||
| Q2 25 | $-3.8M | $7.6M | ||
| Q1 25 | $-17.2M | $3.5M | ||
| Q4 24 | $-8.7M | $37.5M | ||
| Q3 24 | $-5.8M | $-17.6M | ||
| Q2 24 | $-5.6M | $11.4M | ||
| Q1 24 | $-12.4M | $10.5M |
| Q4 25 | 1.7% | 34.6% | ||
| Q3 25 | -2.4% | 23.2% | ||
| Q2 25 | -9.9% | 15.9% | ||
| Q1 25 | -53.8% | 9.2% | ||
| Q4 24 | -38.6% | 96.4% | ||
| Q3 24 | -31.3% | -50.3% | ||
| Q2 24 | -34.0% | 35.1% | ||
| Q1 24 | -71.1% | 35.8% |
| Q4 25 | 0.5% | 0.5% | ||
| Q3 25 | 0.3% | 0.1% | ||
| Q2 25 | 0.7% | 0.2% | ||
| Q1 25 | 0.7% | 0.2% | ||
| Q4 24 | 0.4% | 0.7% | ||
| Q3 24 | 2.1% | 0.2% | ||
| Q2 24 | 3.7% | 0.3% | ||
| Q1 24 | 2.2% | 0.1% |
| Q4 25 | — | 0.52× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | — | -1.11× | ||
| Q2 24 | — | 0.78× | ||
| Q1 24 | — | 0.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
STIM
Segment breakdown not available.
VEL
| Related Party | $19.3M | 37% |
| Nonrelated Party | $16.9M | 33% |
| Other | $15.4M | 30% |
