Competition & Peer Data API & CSV Delivery

Neuraxis Inc's Competitiveness

A competitive positioning analysis and financial ratio benchmarking of Neuraxis Inc (NRXS) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.

Peer Data As of Q2 2026
Competitors Tracked
2
Publicly traded peers
Peer Group Market Share
100.00 %
vs 100.00 % a year ago
Revenue Growth Y/Y
115.72 %
Q2 2026
Net Margin
-108.14 %
Q2 2026

Key Findings: Neuraxis Inc vs Its Competitors

  • TTM: Trailing 12-month revenue of 5M vs 0M combined for tracked competitors (98.9% combined share).
  • Trending: Latest-quarter revenue run-rate is accelerating (+45.1% annualized vs trailing 12 months).
  • Scale: Neuraxis Inc ranks #127 of 247 companies by market capitalization in the Medical Equipment & Supplies industry, holding 0.0% of industry market cap.
  • Peer revenue share: Neuraxis Inc accounted for 100.0% of combined revenue among its tracked peer group, up from 100.0% a year earlier.
  • Peer differentiation: Revenue per employee of $0.22M compares with $0.18M for the peer group (1.2x).

Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).

NRXS Sales vs. its Competitors, Q2 2026

Neuraxis Inc generated 100.00 % of the combined sales of its peer group, up from 100.00 % a year earlier.

API endpoints for this dataset
https://api.csimarket.com/api/v1/companies/NRXS/competitors
https://api.csimarket.com/api/v1/companies/NRXS/relationships
https://api.csimarket.com/api/v1/companies/NRXS/similar
Programmatic access for models, analytics, and integration workflows.

Neuraxis Inc vs. its Competitors, Q2 2026

TTM net margin

Neuraxis Inc -144.4 %
Competitors combined -98,089.6 %

TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.

Competitor Financial Benchmarking - TTM Commercial

TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Neuraxis Inc and its 4 competitor groupings. Available under Commercial License.

Entity TTM Revenue Latest Q ×4 Rev Run-rate vs TTM TTM Net Income TTM Net Margin
Neuraxis Inc $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Competitors combined $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Similar-Size Competitors (10) $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Similar Growth & Profitability (2) $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Competitor Financial Benchmarking

TTM revenue, run-rate and net margin benchmarking across Neuraxis Inc's competitor groups requires a Commercial License.

For context: the Medical Equipment & Supplies industry grew revenue 15.0% year over year, combined, vs 115.7% for Neuraxis Inc. Neuraxis Inc's share of combined industry revenue moved from 0.00% to 0.00%, a gain of 0.00 percentage points.

Neuraxis Inc's Competitor Quality Breadth

Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).

Entity Profitable Expanding Above Industry Growth Distressed
Neuraxis Inc No Yes Yes No
Competitors combined (2) 0% 0% 0% 50%
Similar-Size Competitors (9) 0% 57% 57% 11%
Similar Growth & Profitability (8) 0.00 % (0 of 8) 100.00 % (8 of 8) 100.00 % (8 of 8) 33.30 % (2 of 6)

Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.

Market Share of the Peer Group, Q2 2026

100%market share
  • Neuraxis Inc100.0%
  • Competitors combined0.0%

Share of combined quarterly revenue of Neuraxis Inc and its 2 tracked competitors.

See Neuraxis Inc's full market share breakdown »

NRXS Stock Performance relative to its Competitors

NRXS Competitors (weighted) Percent change over the selected range

Neuraxis Inc's Share Price Performance vs Peer Groups

Trailing 12-month total share price return, and the share of each group that outperformed the U.S.A. 500 over the same period. Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC.
50%beat U.S.A. 500
Competitors Combined
(1 of 2)
22.2%beat U.S.A. 500
Similar-Size
(2 of 9)
0%beat U.S.A. 500
Similar Growth & Profitability
(0 of 3)
Entity TTM Share Price Return
(group: median)
vs U.S.A. 500
Neuraxis Inc 165.90 % Outperformed
Competitors combined (2) 40.4% 63.2%
High-Confidence Competitors (0) 40.4% 63.2%
Similar-Size Competitors (9) 40.4% 63.2%
Similar Growth & Profitability (3) 40.4% 63.2%
Peer Group Share Price Returns

TTM share price return and U.S.A. 500 outperformance for Neuraxis Inc's competitor groups requires a Commercial License.

Source: CSIMarket API (daily market-structure computation). Outperformance is trailing-12-month total return vs the U.S.A. 500 over the same window, not risk-adjusted.

NRXS Stock Performance relative to Similar-Size Competitors

NRXS Similar-Size Competitors (equal-weighted, 10) Percent change over the selected range

NRXS Stock Performance relative to Similar Growth & Profitability Competitors

NRXS Similar Growth & Profitability Competitors (equal-weighted, 8) Percent change over the selected range

5 Best-Performing Tracked Competitors, Trailing 12 Months

#CompetitorTTM Share Price Returnvs U.S.A. 500
1 Inhibikase Therapeutics Inc 282.9% Outperformed
2 Sage Therapeutics Inc 282.9% Outperformed
Best-Performing Competitor Returns

TTM share price return and U.S.A. 500 outperformance for Neuraxis Inc's best-performing tracked competitors requires a Commercial License.

Source: CSIMarket API, trailing 12 months.

Neuraxis Inc's Comment on Competition and Industry Peers

The competitive landscape includes off-label drugs and FDA-approved treatments for adults with irritable bowel syndrome (IBS), but no FDA-indicated therapies exist for patients aged 8 to 21 with functional abdominal pain associated with IBS. Psychological treatments such as cognitive behavioral therapy (CBT) and guided imagery have demonstrated effectiveness but are limited by access to trained therapists. The company addresses this limitation by providing guided-imagery audio in conjunction with its IB-Stim device. The neurostimulation market is primarily composed of surgically implanted, invasive technologies, which are not directly competitive with the company’s non-invasive technology. Several large, publicly traded neurostimulation companies have established product pipelines and greater access to capital; however, none currently target the central nervous system or brain-gut axis via auricular nerves for functional bowel disorders or IBS. The company holds patents on the Neuraxis method, which protects access to the brain through cranial nerves in the ear. Competitive advantages include being first to market, a strong portfolio of device and method patents, large market opportunities, a robust pediatric pipeline, inclusion in academic society guidelines as the only FDA-approved or FDA-cleared recommended treatment, a Category I CPT code effective January 1, 2026, and strong clinical data from leading U.S. academic institutions. Growth strategies involve a list price of $1,195 per device and $4,780 per patient, maintaining strong gross margins, employing a direct sales force, and targeting children’s hospitals, adult gastroenterologists within the Veterans Affairs system, and adult pain physicians.

Publicly Traded Peers of Neuraxis Inc

Revenue and income for trailing 12 months, in millions of $, except employees
Company Market Cap Revenues Income Employees
Neuraxis Inc 89.69 5.32 -7.68 24
Sage Therapeutics Inc 543.46 70.41 -301.20 353
Inhibikase Therapeutics Inc 357.87 0.06 -60.64 35
SUBTOTAL 991.02 75.79 -369.51 412

Sources: Neuraxis Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Neuraxis Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.

Neuraxis Inc's Competitors Named by the Company

Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.
Competitor Basis Confidence Active Sources
Black Box Corp Named by the company 85% 2022 to 2026 3
Competitor Evidence Detail

Filing basis, confidence, active dates and source counts for Neuraxis Inc's named competitors require a Commercial License.

Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.

Neuraxis Inc's Productivity vs Peers Comparison

Revenue and income per employee, trailing 12 months, in $; market cap in millions of $
CompanyMarket CapRevenue / EmployeeIncome / Employee
Neuraxis Inc 90 221,505 -319,943
Sage Therapeutics Inc 543 199,462 -853,244
Inhibikase Therapeutics Inc 358 1,766 -1,732,487
PEERS TOTAL 901 181,628 -932,557

Neuraxis Inc's Position in Industry Market Structure

Market-capitalization share and concentration across all 222 companies in Neuraxis Inc's industry classification, broader than the peer set above. Market cap in millions of $.

Neuraxis Inc ranks #127 of 222 companies by market capitalization in its industry, holding 0.01 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 587, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).

Rank Company Market Cap Industry Share
1 Intuitive Surgical Inc 145,832 13.38 %
2 Medtronic Plc 113,372 10.40 %
3 Stryker Corp 105,405 9.67 %
4 3m Company 88,542 8.12 %
5 Boston Scientific Corporation 1,234 5.2%
6 Becton Dickinson And Company 1,234 5.2%
7 Edwards Lifesciences Corporation 1,234 5.2%
8 Dexcom Inc 1,234 5.2%
9 Resmed Inc 1,234 5.2%
10 Alcon inc 1,234 5.2%
127 Neuraxis Inc 89 0.01 %
Full Industry Market Structure

Market cap and industry share for the rest of Neuraxis Inc's industry peers requires a Commercial License.

Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.

Neuraxis Inc's Same-Size Peers & Stock Performance

Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.
Rank Company Market Cap TTM Return 3M Momentum Beta Sharpe (1Y)
122 Vivani Medical Inc 107 -13.99 % -2.38 % 0.72 0.08
123 Electrocore Inc 105 131.53 % 27.25 % 1.04 1.34
124 Conexeu Sciences Inc 104 - -64.50 % - -
125 Lakeland Industries Inc 104 -29.93 % -15.70 % 1.09 -0.17
126 Nexalin Technology Inc 1,234 12.3% 4.5% 1.10 0.80
127 Neuraxis Inc 89 165.87 % 3.56 % 1.05 1.60
128 Skinhealth Systems Inc 1,234 12.3% 4.5% 1.10 0.80
129 Microbot Medical Inc 1,234 12.3% 4.5% 1.10 0.80
130 Safe Pro Group Inc 1,234 12.3% 4.5% 1.10 0.80
131 Hyperfine Inc 1,234 12.3% 4.5% 1.10 0.80
132 Pulmonx Corporation 1,234 12.3% 4.5% 1.10 0.80
Full Same-Size Peer Performance

Market cap, return, momentum, beta and Sharpe ratio for the rest of Neuraxis Inc's same-size peers requires a Commercial License.

Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.

Neuraxis Inc's Profitability & Cost Structure

Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Medical Equipment & Supplies industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (288 companies).
Metric Company Industry Difference
Gross Margin 85.56 % 53.35 % (avg) +32.2 pp
Operating Margin -144.51 % industry median -136.2 pp
EBITDA Margin -101.62 % -6.82 % (avg) -94.8 pp
Capital Intensity (Capex / Revenue) - 5.43 % (avg) -

Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.

Neuraxis Inc's Valuation vs Competitive Position

Valuation multiples vs the Medical Equipment & Supplies industry average (288 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.
Metric Company Industry Average Difference
P/E - 34.6x -
EV / EBITDA - 19.7x -
P/B 19.2x 4.7x +14.5x
Return on Equity -169.07 % industry aggregate -181.13 %
Return on Invested Capital -80.16 % -2.32 % (avg) -77.84 %

Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.

Neuraxis Inc's Multi-Year Financial Trajectory

Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.
Metric 202320242025
Revenue Growth -9.18 %32.89 %
Operating Margin --266.46 %-219.37 %
Return on Invested Capital -188.39 %-134.47 %
P/E ---

Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.

Neuraxis Inc's Strategic Group Map

Every company in Neuraxis Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Neuraxis Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.

Revenue Growth (TTM, %)Operating Margin (%)NMTCIVTYVRAYPROFNSPHKMTSXENTNeuraxis IncVLRX

Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.

Neuraxis Inc's BCG Growth-Share Matrix

Relative market share (vs Neuraxis Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.

Question Mark Star Dog Cash Cow Relative Market Share (vs largest competitor) Industry Revenue Growth (%) Neuraxis Inc

Neuraxis Inc falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 9.2% (median, trailing 12 months).

Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.

Neuraxis Inc's Competitive Forces (Porter's Five Forces)

Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.
Force Assessment Basis
Competitive Rivalry High Industry HHI of 587 (see Industry Market Structure & Concentration above)
Supplier Power Not covered on this page See Neuraxis Inc's dedicated suppliers page for concentration and dependency data
Buyer Power Not covered on this page See Neuraxis Inc's dedicated customers page for concentration and dependency data
Threat of Substitutes - No systematic data source for cross-product substitution exists in this system; not estimated

Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.

Neuraxis Inc's Industry Attractiveness & Competitive Strength

A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.

High Strength
Medium Strength
Low Strength
High Attractiveness
Invest / Grow
Invest / Grow
Selective
Medium Attractiveness
Invest / Grow
Selective
Harvest
Low Attractiveness
Selective
Harvest Neuraxis Inc
Harvest / Divest

Neuraxis Inc falls in the Low attractiveness / Medium strength cell: Harvest.

Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.

Neuraxis Inc's SWOT

Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.

Strengths

  • Latest-quarter revenue run-rate is accelerating (+45.1% annualized vs trailing 12 months).
  • Outperforming the U.S.A. 500 over the trailing 12 months.

Weaknesses

  • Operating margin 136.2 points below the industry median.
  • Return on equity 181.1 points below the industry aggregate.
  • Low relative market share vs the industry leader (0.00x).

Opportunities

  • A meaningful share of tracked competitors (50.00 %) show financial-distress signals, a possible opening to gain share.

Threats

No rule matched.

Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.

Neuraxis Inc's Financial Strength vs Peers Comparison

Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months
CompanyQuick RatioWorking CapitalDebt / EquityAsset Turnover
Neuraxis Inc 2.09 2.39 0.03 0.69
Sage Therapeutics Inc 1.30 8.83 - 0.14
Inhibikase Therapeutics Inc 8.34 19.15 - 0.00

Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.

Neuraxis Inc's Revenue and Income Growth vs Peers

Quarterly revenue and net income growth, year over year and quarter over quarter
CompanyPeriodRevenue Y/YRevenue Q/QIncome Y/YIncome Q/Q
Neuraxis Inc Q2 2026+115.7 %+20.0 %--
Sage Therapeutics Inc Q2 2025+265.8 %+125.1 %--
Inhibikase Therapeutics Inc Q2 2026----
PEERS TOTAL+251.8 %+114.3 %--

Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.

Neuraxis Inc's Peers' Costs of Sales and Capital Expenditures

Context for revenue growth: peer costs and capex, year over year and quarter over quarter
CompanyPeriodCosts Y/YCosts Q/QCapex Y/YCapex Q/Q
Neuraxis Inc Q2 2026+71.1 %+30.8 %-13.5 %-
Sage Therapeutics Inc Q2 2025----
Inhibikase Therapeutics Inc Q2 2026----

Neuraxis Inc's Returns and Turnover vs Peers

ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover
CompanyROAROIROEReceivables TurnoverInventory Turnover
Neuraxis Inc ---18.953.55
Sage Therapeutics Inc ---5.52-
Inhibikase Therapeutics Inc -----

ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).

Neuraxis Inc's Valuation vs Peers

P/E, price to sales, PEG, price to cash flow and price to book
CompanyP/EPrice / SalesPEGP/CFPrice / Book
Neuraxis Inc -16.87-38.4313.32
Sage Therapeutics Inc -7.72--1.47
Inhibikase Therapeutics Inc -5,789.12--2.33
PEERS AVERAGE-13.08-1.87

P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.