Q3 2025 Neuronetics Inc Earnings Call Transcript

Nov 4, 2025 / 01:30 PM GMT

Release Date Price: €2.02 (-15.87%)

Transcript 10-Q8-K

Key Points

Positve

Total revenue increased by 101% compared to the previous year, primarily driven by the Greenbrook acquisition.
The Greenbrook clinics generated $21.8 million in revenue, up 25% on an adjusted pro forma basis.
Neuronetics Inc (STIM) achieved significant strides towards cash flow positivity through careful expense management and improved cash collections.
The NeuroStar Provider Connection program has educated approximately 3,000 providers, significantly increasing awareness and adoption.
The company finalized a three-year agreement with Elite DNA Behavioral Health, expanding NeuroStar's footprint and access to thousands of patients.

Negative

Gross margin decreased to 45.9% from 75.6% in the prior year quarter, primarily due to the inclusion of Greenbrook's lower-margin clinic business.
Total revenue from the NeuroStar business decreased by 4% on a pro forma basis compared to the prior year.
Operating expenses increased by 12% compared to the previous year, primarily due to the inclusion of Greenbrook.
The company reported a net loss of $9.4 million for the quarter, although this was an improvement from the previous year's loss.
Guidance for the full year 2025 was adjusted downwards, primarily due to changes in the SPRAVATO Buy & Bill usage strategy.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

STIM.OQ - Neuronetics Inc
Q3 2025 Neuronetics Inc Earnings Call
Nov 04, 2025 / 01:30PM GMT

=====================
Conference Call Participants
=====================
* Mark Klausner
Neuronetics Inc - Investor Relations
* Keith Sullivan
Neuronetics Inc - President, Chief Executive Officer, Director
* Steven Pfanstiel
Neuronetics Inc - Chief Financial Officer, Executive Vice President, Treasurer
* William Plovanic
Canaccord Genuity LLC - Equity Analyst
* Kyle Winborne
Piper Jaffray Inc - Analyst
* Daniel Stauder
Citizens JMP Securities LLC - Equity Analyst

=====================
Presentation
--------------------------------------------------------------------------------
Operator [1]
--------------------------------------------------------------------------------
Good day, and thank you for standing by. Welcome to the Neuronetics third-quarter 2025 earnings conference call. (Operator Instructions) Please be advised that today's

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.