Neuronetics, Inc.
Close on Oct 19, 2026
- Market cap
- $139.68M
- P/E (TTM)
- –
- Dividend yield
- –
About Neuronetics
Surgical & Medical Instruments & Apparatus, SIC 3841
Neuronetics, Inc. is a medical technology company specializing in neurohealth solutions and transcranial magnetic stimulation (TMS) therapy. Its flagship product is the NeuroStar Advanced Therapy System, an FDA-cleared, non-invasive office-based platform designed to treat major depressive disorder, obsessive-compulsive disorder, and anxious depression. The company sells these therapy systems, recurring treatment sessions, warranties, and practice management tools to healthcare providers, primarily targeting psychiatrists along with primary care physicians and pain management specialists. Additionally, through its subsidiary Greenbrook, it operates mental health centers that deliver TMS procedures and SPRAVATO nasal spray treatments.
The company distributes its products in the United States and selected international markets, including Japan and the European Union. Its operations include a network of 93 treatment centers across 15 U.S. states and support from 658 employees as of year-end 2025. Neuronetics manages product supply and operations from Malvern, Pennsylvania.
Summary of the business section of Neuronetics's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Neuronetics, Inc.
- Founded
- 2003
- Headquarters
- Malvern, PA
- Address
- 3222 Phoenixville Pike 19355
- Phone
- (877) 600-7555
- Website
- www.neuronetics.com
- Employees
- 658, Dec 31, 2025
- Industry
- Surgical & Medical Instruments & Apparatus
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Philadelphia, Pennsylvania
Stock & identifiers
- Ticker
- STIM
- Exchange
- Nasdaq
- IPO date
- Jun 29, 2018
- Shares outstanding
- 76M, Aug 5, 2026
- Public float
- $129.30M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1227636
- CUSIP
- 64131A105
- ISIN
- US64131A1051
- LEI
- 549300T0911ILTTG7P06
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Nir Naor | EVP, CFO & Treasurer | 500,000 |
| Cory Anderson | EVP & Gen. Manager, Greenbrook | 55,003 |
| Steven Pfanstiel | Former EVP, CFO and Treasurer | 836,643 |
| Francis X. Brown Iii | Interim PAO | 19,968 |
| William Andrew Macan | EVP, CLO and CS | 897,270 |
| Daniel L. Reuvers | President and CEO | 1,500,000 |
| Stephen Furlong | EVP, CFO and Treasurer | 410,053 |
| Avinash Amin | Director | 30,000 |
| Sheryl L. Conley | Director | 251,716 |
| Robert Cascella | Director | 625,017 |
| Megan Rosengarten | Director | 170,890 |
| Sasha Cucuz | Director | 2,060,924 |
| Glenn P. Muir | Director | 401,816 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Sullivan | $4.37M | $2.20M | $2.22M | $20 | – |
| FY2024 Mr.Sullivan | $2.43M | $1.83M | $1.12M | $14 | – |
| FY2023 Mr.Sullivan | $2.99M | -$1.94M | $1.26M | $26 | – |
| FY2022 Mr.Sullivan | $2.45M | $4.13M | $1.27M | $62 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 658 full-time employees working collaboratively across our sales and customer support team, in research and development, including clinical, regulatory and certain quality functions, operations and in general and administrative.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 10, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 4, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Oct 4, 2024 | Merger vote | Definitive merger proxy statement |
| Apr 8, 2020 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 29, 2018 | IPO | Initial public offering priced (424B4 prospectus) |
| Jun 19, 2018 | Listing | Registration of securities on an exchange (Form 8-A) |