Neuronetics (STIM) Operating Expenses (2017 - 2026)
Neuronetics (STIM) posted quarterly Operating Expenses of $25.1 million for Q1 2026, down 5.99% year-over-year from $26.8 million in Q1 2025, and down 5.97% quarter-over-quarter from $26.7 million in Q4 2025.
Neuronetics (STIM) Operating Expenses (2017 - 2026) Analysis & Trends
Neuronetics (STIM) has reported Operating Expenses for 10 consecutive years, with $25.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 5.99% year-over-year to $25.1 million; the TTM figure through Mar 2026 stood at $102.1 million (up 6.92% YoY), while the FY2025 annual figure was $103.7 million, up 16.93% from the prior year.
- Operating Expenses slipped to $25.1 million in Q1 2026 per STIM's latest filing, from $26.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $26.8 million in Q1 2025 and bottomed at $19.9 million in Q1 2024.
- Historically, Operating Expenses has averaged $22.6 million across 5 years, with a median of $21.5 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses fell 8.89% — and 2025, when it soared 34.12%.
- Neuronetics' Operating Expenses stood at $21.5 million in 2022, then declined by 6.21% to $20.2 million in 2023, then surged by 30.53% to $26.4 million in 2024, then advanced by 1.45% to $26.7 million in 2025, then retreated by 5.97% to $25.1 million in 2026.
- Business Quant data shows STIM's Operating Expenses at $25.1 million in Q1 2026, $26.7 million in Q4 2025, and $24.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.49 Bn | 193.88 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 127.80 Bn | 124.32 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 118.98 Bn | 109.76 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 73.58 Bn | 73.04 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 51.93 Bn | 47.68 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.34 Bn | 32.39 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 33.76 Bn | 31.66 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.37 Bn | 23.05 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.07 Bn | 22.59 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Neuronetics | 224.87 Mn | 205.44 Mn | 21.22 Mn | 22.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.72 Mn |
| Mar 31, 2026 | 25.15 Mn |
| Dec 31, 2025 | 26.75 Mn |
| Sep 30, 2025 | 24.43 Mn |
| Jun 30, 2025 | 25.82 Mn |
| Mar 31, 2025 | 26.75 Mn |
| Dec 31, 2024 | 26.37 Mn |
| Sep 30, 2024 | 21.73 Mn |
| Jun 30, 2024 | 20.69 Mn |
| Mar 31, 2024 | 19.95 Mn |
| Dec 31, 2023 | 20.20 Mn |
| Sep 30, 2023 | 20.64 Mn |
| Jun 30, 2023 | 20.12 Mn |
| Mar 31, 2023 | 21.30 Mn |
| Dec 31, 2022 | 21.54 Mn |
| Sep 30, 2022 | 20.38 Mn |
| Jun 30, 2022 | 22.09 Mn |
| Mar 31, 2022 | 20.83 Mn |
| Dec 31, 2021 | 18.39 Mn |
| Sep 30, 2021 | 17.84 Mn |