vs
Side-by-side financial comparison of Neuronetics, Inc. (STIM) and Waterstone Financial, Inc. (WSBF). Click either name above to swap in a different company.
Neuronetics, Inc. is the larger business by last-quarter revenue ($41.8M vs $37.2M, roughly 1.1× Waterstone Financial, Inc.). On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs 16.7%). Waterstone Financial, Inc. produced more free cash flow last quarter ($23.0M vs $692.0K). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% CAGR vs 7.1%).
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.
Waterstone Financial, Inc. is a U.S. bank holding company headquartered in Wisconsin. It offers retail and commercial banking services, residential mortgages, and wealth management solutions, primarily serving consumers and small to medium-sized businesses across the U.S. Midwest region.
STIM vs WSBF — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $41.8M | $37.2M |
| Net Profit | $-7.2M | — |
| Gross Margin | 52.0% | — |
| Operating Margin | -12.1% | 27.0% |
| Net Margin | -17.2% | — |
| Revenue YoY | 85.7% | 16.7% |
| Net Profit YoY | 43.2% | — |
| EPS (diluted) | $-0.10 | $0.43 |
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 | $37.2M | ||
| Q3 25 | $37.3M | $37.0M | ||
| Q2 25 | $38.1M | $38.0M | ||
| Q1 25 | $32.0M | $29.7M | ||
| Q4 24 | $22.5M | $31.8M | ||
| Q3 24 | $18.5M | $34.1M | ||
| Q2 24 | $16.4M | $37.2M | ||
| Q1 24 | $17.4M | $32.4M |
| Q4 25 | $-7.2M | — | ||
| Q3 25 | $-9.0M | $7.9M | ||
| Q2 25 | $-10.1M | $7.7M | ||
| Q1 25 | $-12.7M | $3.0M | ||
| Q4 24 | $-12.7M | — | ||
| Q3 24 | $-13.3M | $4.7M | ||
| Q2 24 | $-9.8M | $5.7M | ||
| Q1 24 | $-7.9M | $3.0M |
| 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% | 27.0% | ||
| Q3 25 | -19.6% | 26.6% | ||
| Q2 25 | -21.1% | 25.4% | ||
| Q1 25 | -34.4% | 13.1% | ||
| Q4 24 | -51.0% | 19.5% | ||
| Q3 24 | -41.7% | 17.3% | ||
| Q2 24 | -51.7% | 19.2% | ||
| Q1 24 | -39.4% | 14.7% |
| Q4 25 | -17.2% | — | ||
| Q3 25 | -24.3% | 21.4% | ||
| Q2 25 | -26.6% | 20.3% | ||
| Q1 25 | -39.6% | 10.2% | ||
| Q4 24 | -56.4% | — | ||
| Q3 24 | -72.0% | 13.9% | ||
| Q2 24 | -59.8% | 15.4% | ||
| Q1 24 | -45.2% | 9.4% |
| Q4 25 | $-0.10 | $0.43 | ||
| Q3 25 | $-0.13 | $0.45 | ||
| Q2 25 | $-0.15 | $0.43 | ||
| Q1 25 | $-0.21 | $0.17 | ||
| Q4 24 | $-0.34 | $0.28 | ||
| Q3 24 | $-0.44 | $0.26 | ||
| Q2 24 | $-0.33 | $0.31 | ||
| Q1 24 | $-0.27 | $0.16 |
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 | $412.3M |
| Stockholders' EquityBook value | $22.4M | $349.4M |
| Total Assets | $141.6M | $2.3B |
| Debt / EquityLower = less leverage | 2.94× | 1.18× |
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 | $412.3M | ||
| Q3 25 | $65.7M | $469.1M | ||
| Q2 25 | $55.5M | $465.7M | ||
| Q1 25 | $55.3M | $395.9M | ||
| Q4 24 | $55.2M | $446.5M | ||
| Q3 24 | $46.0M | $560.1M | ||
| Q2 24 | $59.8M | $660.8M | ||
| Q1 24 | $59.4M | $634.2M |
| Q4 25 | $22.4M | $349.4M | ||
| Q3 25 | $27.4M | $345.5M | ||
| Q2 25 | $27.1M | $341.5M | ||
| Q1 25 | $35.5M | $341.4M | ||
| Q4 24 | $27.7M | $339.1M | ||
| Q3 24 | $9.4M | $342.0M | ||
| Q2 24 | $19.4M | $334.9M | ||
| Q1 24 | $27.7M | $338.0M |
| Q4 25 | $141.6M | $2.3B | ||
| Q3 25 | $145.5M | $2.3B | ||
| Q2 25 | $134.7M | $2.3B | ||
| Q1 25 | $142.0M | $2.2B | ||
| Q4 24 | $140.9M | $2.2B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | $96.8M | $2.3B | ||
| Q1 24 | $103.8M | $2.2B |
| Q4 25 | 2.94× | 1.18× | ||
| Q3 25 | 2.40× | 1.36× | ||
| Q2 25 | 2.05× | 1.36× | ||
| Q1 25 | 1.56× | 1.16× | ||
| Q4 24 | 1.99× | 1.32× | ||
| Q3 24 | 4.90× | 1.64× | ||
| Q2 24 | 3.08× | 1.97× | ||
| Q1 24 | 2.15× | 1.88× |
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 | $24.2M |
| Free Cash FlowOCF − Capex | $692.0K | $23.0M |
| FCF MarginFCF / Revenue | 1.7% | 61.9% |
| Capex IntensityCapex / Revenue | 0.5% | 3.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-21.2M | $43.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $908.0K | $24.2M | ||
| Q3 25 | $-785.0K | $32.7M | ||
| Q2 25 | $-3.5M | $-38.4M | ||
| Q1 25 | $-17.0M | $26.7M | ||
| Q4 24 | $-8.6M | $48.1M | ||
| Q3 24 | $-5.4M | $74.1M | ||
| Q2 24 | $-5.0M | $-39.5M | ||
| Q1 24 | $-12.0M | $-9.9M |
| Q4 25 | $692.0K | $23.0M | ||
| Q3 25 | $-899.0K | $32.4M | ||
| Q2 25 | $-3.8M | $-38.5M | ||
| Q1 25 | $-17.2M | $26.5M | ||
| Q4 24 | $-8.7M | $47.0M | ||
| Q3 24 | $-5.8M | $73.9M | ||
| Q2 24 | $-5.6M | $-39.7M | ||
| Q1 24 | $-12.4M | $-10.3M |
| Q4 25 | 1.7% | 61.9% | ||
| Q3 25 | -2.4% | 87.5% | ||
| Q2 25 | -9.9% | -101.2% | ||
| Q1 25 | -53.8% | 89.2% | ||
| Q4 24 | -38.6% | 147.5% | ||
| Q3 24 | -31.3% | 216.9% | ||
| Q2 24 | -34.0% | -106.7% | ||
| Q1 24 | -71.1% | -31.9% |
| Q4 25 | 0.5% | 3.1% | ||
| Q3 25 | 0.3% | 0.8% | ||
| Q2 25 | 0.7% | 0.2% | ||
| Q1 25 | 0.7% | 0.9% | ||
| Q4 24 | 0.4% | 3.5% | ||
| Q3 24 | 2.1% | 0.6% | ||
| Q2 24 | 3.7% | 0.4% | ||
| Q1 24 | 2.2% | 1.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | 4.13× | ||
| Q2 25 | — | -4.98× | ||
| Q1 25 | — | 8.81× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 15.67× | ||
| Q2 24 | — | -6.92× | ||
| Q1 24 | — | -3.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
