FONR
Fonar Corporation
NASDAQ: FONR · HEALTHCARE · DIAGNOSTICS & RESEARCH
$18.93
-0.05% today
Updated 2026-04-30
Market cap
$118.64M
P/E ratio
16.37
P/S ratio
1.12x
EPS (TTM)
$1.15
Dividend yield
—
52W range
$12 – $19
Volume
0.1M
Fonar Corporation (FONR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $33.08M | $33.21M | $35.57M | $39.72M | $31.82M | $33.14M | $39.44M | $49.14M | $68.51M | $69.05M | $73.37M | $78.04M | $81.52M | $87.19M | $85.69M | $89.93M | $97.59M | $98.65M | $102.88M | $104.35M |
| Revenue growth (YoY) | — | +0.4% | +7.1% | +11.7% | -19.9% | +4.2% | +19.0% | +24.6% | +39.4% | +0.8% | +6.3% | +6.4% | +4.5% | +7.0% | -1.7% | +4.9% | +8.5% | +1.1% | +4.3% | +1.4% |
| Cost of revenue | $26.95M | $26.66M | $24.89M | $22.12M | $18.62M | $18.48M | $21.20M | $26.12M | $37.25M | $38.40M | $38.87M | $38.05M | $41.95M | $43.98M | $43.30M | $46.46M | $50.58M | $52.90M | $57.74M | $19.13M |
| Gross profit | $6.13M | $6.55M | $10.68M | $17.60M | $13.20M | $14.66M | $18.25M | $23.02M | $31.26M | $30.65M | $34.50M | $39.98M | $39.57M | $43.21M | $42.39M | $43.47M | $47.01M | $45.75M | $45.14M | $85.22M |
| Gross margin | 18.5% | 19.7% | 30.0% | 44.3% | 41.5% | 44.2% | 46.3% | 46.8% | 45.6% | 44.4% | 47.0% | 51.2% | 48.5% | 49.6% | 49.5% | 48.3% | 48.2% | 46.4% | 43.9% | 81.7% |
| R&D | $6.87M | $5.69M | $5.01M | $3.59M | $2.46M | $1.44M | $1.24M | $1.44M | $1.76M | $1.81M | $1.63M | $1.48M | $1.76M | $1.81M | $2.03M | $1.64M | $1.49M | $1.57M | $1.74M | $1.58M |
| SG&A | $27.35M | $26.31M | $22.60M | $13.42M | $11.94M | $8.46M | $8.75M | $12.50M | $15.39M | $13.46M | $18.51M | $19.41M | $18.13M | $19.26M | $26.72M | $24.74M | $23.51M | $29.39M | $26.87M | $29.73M |
| Operating income | $-29.72M | $-25.45M | $-25.45M | $-703937.00 | $-2.58M | $3.79M | $7.21M | $7.54M | $12.30M | $12.90M | $14.36M | $19.10M | $19.68M | $22.13M | $13.65M | $17.10M | $22.01M | $14.79M | $16.54M | $11.60M |
| Operating margin | -89.9% | -76.6% | -71.6% | -1.8% | -8.1% | 11.4% | 18.3% | 15.3% | 18.0% | 18.7% | 19.6% | 24.5% | 24.1% | 25.4% | 15.9% | 19.0% | 22.6% | 15.0% | 16.1% | 11.1% |
| EBITDA | $-25.96M | $-22.78M | $-10.19M | $3.23M | $-1.18M | $5.98M | $9.73M | $10.90M | $15.75M | $17.06M | $18.07M | $22.63M | $23.84M | $26.45M | $17.56M | $21.18M | $26.54M | $24.61M | $21.13M | $16.30M |
| EBITDA margin | -78.5% | -68.6% | -28.6% | 8.1% | -3.7% | 18.0% | 24.7% | 22.2% | 23.0% | 24.7% | 24.6% | 29.0% | 29.2% | 30.3% | 20.5% | 23.6% | 27.2% | 25.0% | 20.5% | 15.6% |
| EBIT | $-29.25M | $-25.45M | $-12.98M | $1.50M | $-2.62M | $3.90M | $7.49M | $8.48M | $11.93M | $13.52M | $14.77M | $19.10M | $19.94M | $22.62M | $13.65M | $17.10M | $22.01M | $15.81M | $16.54M | $11.60M |
| Interest expense | $0.00 | $0.00 | $535322.00 | $333229.00 | $387902.00 | $518532.00 | $478663.00 | $500362.00 | $884541.00 | $702095.00 | $262193.00 | $28299.00 | $160074.00 | $98636.00 | $74321.00 | $248665.00 | $346552.00 | $50131.00 | $76997.00 | $25611.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-29.96M | $-25.54M | $-13.51M | $1.12M | $-3.01M | $3.16M | $5.78M | $8.68M | $10.40M | $12.91M | $15.72M | $19.62M | $21.23M | $15.32M | $8.24M | $10.21M | $12.44M | $9.38M | $10.57M | $8.33M |
| Net income growth (YoY) | — | +14.8% | +47.1% | +108.3% | -368.7% | +204.9% | +82.7% | +50.2% | +19.8% | +24.2% | +21.8% | +24.8% | +8.2% | -27.9% | -46.2% | +23.9% | +21.9% | -24.6% | +12.7% | -21.1% |
| Profit margin | -90.6% | -76.9% | -38.0% | 2.8% | -9.5% | 9.5% | 14.6% | 17.7% | 15.2% | 18.7% | 21.4% | 25.1% | 26.0% | 17.6% | 9.6% | 11.4% | 12.7% | 9.5% | 10.3% | 8.0% |