FONAR Corporation (FONR)

NASDAQ: FONR · Real-Time Price · USD
18.61
-0.01 (-0.05%)
Apr 9, 2026, 4:00 PM EDT - Market closed
Market Cap122.00M +37.2%
Revenue (ttm)106.03M +4.4%
Net Income7.19M -3.2%
EPS1.10 -6.5%
Shares Out 6.56M
PE Ratio16.95
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume6,733
Open18.61
Previous Close18.62
Day's Range18.60 - 18.61
52-Week Range12.00 - 18.86
Beta0.99
Analystsn/a
Price Targetn/a
Earnings DateMay 14, 2026

About FONR

FONAR Corporation, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, other medical conditions, and injuries in the United States. It operates in two segments: Medical Equipment, and Physician Management and Diagnostic Services. The company offers an Upright MRI scanner, which allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. It al... [Read more]

Sector Healthcare
IPO Date Jan 1, 1987
Employees 535
Stock Exchange NASDAQ
Ticker Symbol FONR
Full Company Profile

Financial Performance

In fiscal year 2025, FONAR's revenue was $104.35 million, an increase of 1.43% compared to the previous year's $102.88 million. Earnings were $7.94 million, a decrease of -21.23%.

Financial Statements

News

Fonar Announces Financial Results for The 2nd Quarter of Fiscal 2026

Cash and cash equivalents decreased 6% to $53.0 million at December 31, 2025, as compared to $56.3 million for the fiscal year-ended June 30, 2025. Total Revenues - Net increased by 2% to $25.5 millio...

7 weeks ago - Newsfile Corp

FONAR Signs Definitive Agreement for "Take Private" Sale to Acquisition Group Led by CEO

FONAR stockholders to receive $19.00 per share of common stock, in an all-cash transaction Melville, New York--(Newsfile Corp. - December 29, 2025) - FONAR Corporation (NASDAQ: FONR) ("FONAR" or the "...

3 months ago - Newsfile Corp

Fonar Announces Financial Results For The 1st Quarter of Fiscal 2026

Cash and cash equivalents decreased 4% to $54.3 million at September 30, 2025 as compared to the fiscal year-ended June 30, 2025. Total Revenues - Net increased by 4% to $26.0 million for the quarter ...

5 months ago - Newsfile Corp

FONAR Announces Financial Results for Fiscal 2025

Cash and Cash Equivalents was $56.3 million at June 30, 2025 and the previous fiscal year. Total Revenues - Net increased 1% to $104.4 million for the fiscal year ended June 30, 2025 versus the previo...

7 months ago - Newsfile Corp

Special Committee of FONAR Board of Directors Announces Receipt of Supplemental "Take Private" Proposal

Melville, New York--(Newsfile Corp. - July 18, 2025) - The Special Committee of the Board of Directors of FONAR Corporation (NASDAQ: FONR) ("FONAR"), The Inventor of MR Scanning™, today confirmed rece...

9 months ago - Newsfile Corp

FONAR Board of Directors Announces Receipt of Non-Binding "Take Private" Proposal

Melville, New York--(Newsfile Corp. - July 9, 2025) - FONAR Corporation (NASDAQ: FONR) ("FONAR"), The Inventor of MR Scanning™, today announced that its board of directors (the "Board") received a pre...

9 months ago - Newsfile Corp

FONAR Board of Directors Appoints Independent Director

Melville, New York--(Newsfile Corp. - July 2, 2025) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning, today announced that on July 2, 2025, its board of directors appointed Mr. Robert M...

10 months ago - Newsfile Corp

Fonar Announces Fiscal 2025 Financial Results for 3rd Quarter and Nine-Month Period

Net Income increased 25% to $3.1 million for the quarter ended March 31, 2025 as compared to the quarter ended March 31, 2024. Income from Operations for the quarter ended March 31, 2025 decreased 2% ...

11 months ago - Newsfile Corp

Fonar Announces Six Month and 2nd Quarter Financial Results for Fiscal 2025

MRI scan volume at HMCA managed sites increased 7% to 79,207 scans during the six-month period ended December 31, 2024, versus 73,776 scans for the six-month period ended December 31, 2023. MRI scan v...

1 year ago - Newsfile Corp

Fonar Announces Financial Results for the 1st Quarter of Fiscal 2025

Total MRI scan volume at the HMCA-managed sites increased 5% to 53,054 scans for the quarter ending September 30, 2024 versus the corresponding quarter one year earlier. Cash and cash equivalents decr...

1 year ago - Newsfile Corp

Fonar Announces Fiscal 2024 Financial Results

Total MRI scan volume at the HMCA-managed sites increased 11% to 209,327 scans for the fiscal year ending June 30, 2024 as compared to the prior year. Cash and Cash Equivalents increased 10% to $56.3 ...

1 year ago - Newsfile Corp

Fonar Announces Fiscal 2024 Financial Results for 3rd Quarter and Nine-Month Period

Total MRI scan volume at the HMCA-managed sites increased 11% to 154,790 scans for the nine-month period ended March 31, 2024 as compared to the nine-month period ended March 31, 2023. Net Income incr...

2 years ago - Newsfile Corp

Fonar Announces Six Months and 2nd Quarter Financial Results for Fiscal 2024

Total MRI scan volume at the HMCA-managed sites increased 13% to 101,990 scans for the six months ending December 31, 2023 versus the corresponding period one year earlier. Cash and cash equivalents a...

2 years ago - Newsfile Corp

Fonar Announces Financial Results for the 1st Quarter of Fiscal 2024

On September 13, 2022, the Company adopted a stock repurchase plan of up to $9 million. At September 30, 2023, the Company has purchased 146,359 shares at a cost of $2,473,215.

2 years ago - Newsfile Corp

Fonar Announces Distributor Agreement with Airs Medical, Leader in AI-Powered MRI Technology

Melville, New York--(Newsfile Corp. - November 8, 2023) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, announces that it is now the exclusive distributor of SwiftMR™ from AIRS Medic...

2 years ago - Newsfile Corp

FONAR Announces Financial Results for Fiscal 2023

On August 3, 2022, FONAR founder and The Father of MRI, Raymond V. Damadian, died at 86.

2 years ago - Newsfile Corp

Fonar Announces Financial Results for Fiscal 2023 3rd Quarter and Nine-Month Period

Total MRI scan volume at the HMCA-managed sites increased 7% to 49,451 scans for the quarter ended March 31, 2023 versus the corresponding quarter one year earlier. For the nine-month period ended Mar...

3 years ago - Newsfile Corp

Fonar Announces Six Months and 2nd Quarter Financial Results for Fiscal 2023

Total MRI scan volume at the HMCA-managed sites decreased 5% to 89,888 scans for the six months ending December 31, 2022 versus the corresponding period one year earlier. Cash and cash equivalents and...

3 years ago - Newsfile Corp

Fonar Corporation Designates Laurel Hill Advisory Group, LLC as Information Agent for the Company's $9 Million Share Repurchase Program

Melville, New York--(Newsfile Corp. - November 30, 2022) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, announced today that the Company has engaged Laurel Hill Advisory Group, LLC ...

3 years ago - Newsfile Corp

FONAR Announces First Fiscal Quarter Earnings

Net cash provided by operating activities increased 117% to $2.7 million at September 30, 2022, versus the same quarter one year earlier.Cash and cash equivalents and short term investments at Septemb...

3 years ago - Newsfile Corp

Raymond Vahan Damadian, the Father of MRI, Chairman and Founder of FONAR Corporation, Dies at 86

Melville, New York--(Newsfile Corp. - August 5, 2022) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, reported today the passing of Founder and Chairman Raymond V. Damadian, MD on Au...

3 years ago - Newsfile Corp

Fonar Board of Directors Appoints Independent Director

Melville, New York--(Newsfile Corp. - November 23, 2021) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning, today announced that on November 17, 2021, its board of directors appointed Jo...

4 years ago - Newsfile Corp

FONAR Subsidiary, HMCA, Expands with Acquisition in Yonkers, New York

Melville, New York--(Newsfile Corp. - March 31, 2021) - FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning™, announced today that it has acquired a Stand-Up® MRI facility in Yonkers, New Yo...

5 years ago - Newsfile Corp

FONAR To Ring The Nasdaq Stock Market Closing Bell, As It Celebrates 50th Birthday of MRI

MELVILLE, N.Y., March 09, 2021 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, will ring the Nasdaq Stock Market Closing Bell on March 9, 2021. Nasdaq and FONAR sele...

5 years ago - GlobeNewsWire

Fonar Announces Financial Results For 1st Fiscal Quarter of 2021

MELVILLE, N.Y., Nov. 12, 2020 (GLOBE NEWSWIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today its financial results for the first quarter of fiscal 2021 which ended S...

5 years ago - GlobeNewsWire