Neuronetics (STIM) Research & Development (2017 - 2026)
Neuronetics (STIM) posted quarterly Research & Development of $10.7 million for Q1 2026, up 564.42% year-over-year from $1.6 million in Q1 2025, and down 74.76% quarter-over-quarter from $42.5 million in Q4 2025.
Neuronetics (STIM) Research & Development (2017 - 2026) Analysis & Trends
Neuronetics (STIM) has reported Research & Development for 10 consecutive years, with $10.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 564.42% year-over-year to $10.7 million; the TTM figure through Mar 2026 stood at $56.6 million (up 155.93% YoY), while the FY2025 annual figure was $47.5 million, up 271.61% from the prior year.
- Research & Development declined to $10.7 million in Q1 2026 per STIM's latest filing, from $42.5 million in the prior quarter.
- Across five years, Research & Development topped out at $42.5 million in Q4 2025 and bottomed at -$26.1 million in Q4 2023.
- Historically, Research & Development has averaged $6.7 million across 5 years, with a median of $3.1 million in 2022.
- Annual changes were most pronounced in 2023 — Research & Development tumbled 931.06% — and 2025, when it soared 637.01%.
- Neuronetics' Research & Development stood at $3.1 million in 2022, then sank by 931.06% to -$26.1 million in 2023, then surged by 122.13% to $5.8 million in 2024, then jumped by 637.01% to $42.5 million in 2025, then plunged by 74.76% to $10.7 million in 2026.
- Business Quant data shows STIM's Research & Development at $10.7 million in Q1 2026, $42.5 million in Q4 2025, and $1.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.49 Bn | 193.88 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 127.80 Bn | 124.32 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 118.98 Bn | 109.76 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 73.58 Bn | 73.04 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 51.93 Bn | 47.68 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.34 Bn | 32.39 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 33.76 Bn | 31.66 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.37 Bn | 23.05 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.07 Bn | 22.59 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Neuronetics | 224.87 Mn | 205.44 Mn | 21.22 Mn | 9.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.98 Mn |
| Mar 31, 2026 | 10.74 Mn |
| Dec 31, 2025 | 42.54 Mn |
| Sep 30, 2025 | 1.50 Mn |
| Jun 30, 2025 | 1.80 Mn |
| Mar 31, 2025 | 1.62 Mn |
| Dec 31, 2024 | 5.77 Mn |
| Sep 30, 2024 | 2.42 Mn |
| Jun 30, 2024 | 12.30 Mn |
| Mar 31, 2024 | 2.35 Mn |
| Dec 31, 2023 | -26.09 Mn |
| Sep 30, 2023 | 12.14 Mn |
| Jun 30, 2023 | 11.56 Mn |
| Mar 31, 2023 | 2.79 Mn |
| Dec 31, 2022 | 3.14 Mn |
| Sep 30, 2022 | 2.35 Mn |
| Jun 30, 2022 | 13.69 Mn |
| Mar 31, 2022 | 12.65 Mn |
| Dec 31, 2021 | 10.32 Mn |
| Sep 30, 2021 | 1.58 Mn |