FONAR Corporation (FONR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 26.47M | 25.55M | 26.04M | 27.28M | 27.16M | 24.95M | 24.96M | 25.94M | 25.72M | 25.39M | 25.84M | 25.78M | 25.42M | 24.26M | 23.19M | 24.81M | 24.57M | 24.48M | 23.73M | 24.7M |
| Revenue Growth % | -2.55% | 2.39% | 4.34% | 5.14% | 5.63% | -1.72% | -3.4% | 0.65% | 1.16% | 4.66% | 11.41% | 3.89% | 3.46% | -0.91% | -2.27% | 0.47% | 6.41% | 15.66% | 13.11% | 18.69% |
| Cost of Goods Sold | 15.23M | 15.85M | 15.6M | 16.25M | 15.07M | 15.21M | 14.92M | 15.35M | 13.96M | 14.5M | 13.93M | 13.54M | 13.68M | 13.08M | 12.6M | 12.7M | 12.51M | 12.86M | 12.51M | 12.54M |
| COGS % of Revenue | 57.54% | 62.05% | 59.89% | 59.58% | 55.48% | 60.97% | 59.76% | 59.16% | 54.3% | 57.11% | 53.93% | 52.52% | 53.8% | 53.94% | 54.32% | 51.18% | 50.92% | 52.52% | 52.73% | 50.77% |
| Gross Profit | 11.24M | 9.69M | 10.45M | 11.03M | 12.09M | 9.74M | 10.04M | 10.6M | 11.75M | 10.89M | 11.9M | 12.24M | 11.74M | 11.17M | 10.59M | 12.11M | 12.06M | 11.62M | 11.22M | 12.16M |
| Gross Margin % | 42.46% | 37.95% | 40.11% | 40.42% | 44.52% | 39.03% | 40.24% | 40.84% | 45.7% | 42.89% | 46.07% | 47.48% | 46.2% | 46.06% | 45.68% | 48.82% | 49.08% | 47.48% | 47.27% | 49.23% |
| Gross Profit Growth % | -7.05% | -0.45% | 4.02% | 4.07% | 2.9% | -10.56% | -15.63% | -13.43% | 0.07% | -2.54% | 12.37% | 1.03% | -2.61% | -3.88% | -5.55% | -0.37% | 13.19% | 16.85% | 4.7% | 1.4% |
| Operating Expenses | 8.8M | 6.69M | 7.25M | 10.13M | 8.43M | 7.3M | 5.44M | 9.26M | 8.01M | 6M | 5.33M | 9.76M | 7.58M | 6.94M | 6.68M | 7.97M | 6.42M | 5.14M | 5.48M | 8.32M |
| OpEx % of Revenue | 33.23% | 26.2% | 27.85% | 37.14% | 31.04% | 29.27% | 21.78% | 35.7% | 31.13% | 23.65% | 20.64% | 37.86% | 29.81% | 28.61% | 28.82% | 32.12% | 26.14% | 21% | 23.08% | 33.67% |
| Selling, General & Admin | 8.37M | 6.24M | 6.81M | 0 | 7.99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | 31.63% | 24.42% | 26.16% | - | 29.42% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 424K | 455K | 440K | 452.09K | 441K | 376K | 307K | 438.95K | 414K | 416K | 467K | 441.75K | 435K | 342K | 349K | 385.18K | 354K | 370K | 386K | 392.98K |
| R&D % of Revenue | 1.6% | 1.78% | 1.69% | 1.66% | 1.62% | 1.51% | 1.23% | 1.69% | 1.61% | 1.64% | 1.81% | 1.71% | 1.71% | 1.41% | 1.5% | 1.55% | 1.44% | 1.51% | 1.63% | 1.59% |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 2.44M | 3M | 3.19M | 894.76K | 3.66M | 2.44M | 4.61M | 1.33M | 3.75M | 4.88M | 6.57M | 2.48M | 4.17M | 4.23M | 3.91M | 4.14M | 5.64M | 6.48M | 5.74M | 3.84M |
| Operating Margin % | 9.23% | 11.74% | 12.26% | 3.28% | 13.48% | 9.76% | 18.45% | 5.14% | 14.57% | 19.24% | 25.43% | 9.62% | 16.39% | 17.45% | 16.86% | 16.7% | 22.95% | 26.48% | 24.19% | 15.56% |
| Operating Income Growth % | -33.26% | 23.2% | -30.66% | -32.89% | -2.24% | -50.15% | -29.9% | -46.24% | -10.1% | 15.43% | 68.01% | -40.15% | -26.09% | -34.72% | -31.88% | 7.82% | 36.78% | 30.13% | 38.34% | 626.7% |
| EBITDA | 3.55M | 4.15M | 4.38M | 1.96M | 4.9M | 3.67M | 5.67M | 2.38M | 4.88M | 6.11M | 7.77M | 3.66M | 5.31M | 5.33M | 5.03M | 5.14M | 6.82M | 7.67M | 6.91M | 4.83M |
| EBITDA Margin % | 13.41% | 16.25% | 16.83% | 7.2% | 18.04% | 14.71% | 22.71% | 9.19% | 18.96% | 24.05% | 30.06% | 14.21% | 20.87% | 21.98% | 21.69% | 20.7% | 27.77% | 31.34% | 29.12% | 19.54% |
| EBITDA Growth % | -27.55% | 13.11% | -22.67% | -17.65% | 0.47% | -39.89% | -27% | -34.93% | -8.09% | 14.5% | 54.42% | -28.68% | -22.23% | -30.5% | -27.22% | 6.45% | 30.88% | 27.38% | 35.01% | 235.89% |
| D&A (Non-Cash Add-back) | 1.11M | 1.15M | 1.19M | 1.07M | 1.24M | 1.24M | 1.06M | 1.05M | 1.13M | 1.22M | 1.2M | 1.18M | 1.14M | 1.1M | 1.12M | 992.24K | 1.19M | 1.19M | 1.17M | 981.69K |
| EBIT | 2.44M | 3M | 3.19M | 894.76K | 3.66M | 2.44M | 4.61M | 1.33M | 3.75M | 4.88M | 6.57M | 2.48M | 4.17M | 4.23M | 3.91M | 4.14M | 5.64M | 6.48M | 5.74M | 3.84M |
| Net Interest Income | 372K | 439K | 485K | 501.29K | 456K | -6K | -8K | -10K | -9K | -10K | -48K | -9.13K | -15K | -12K | -14K | -337.55K | 31K | -23K | -17K | -191.66K |
| Interest Income | 375K | 443K | 486K | 505.9K | 463K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31K | 0 | 0 | 0 |
| Interest Expense | 3K | 4K | 1K | 4.61K | 7K | 6K | 8K | 10K | 9K | 10K | 48K | 9.13K | 15K | 12K | 14K | 337.55K | 0 | 23K | 17K | 191.66K |
| Other Income/Expense | 376K | 442K | 488K | 538.48K | 468K | 532K | 643K | 586.02K | 585K | 1.1M | 459K | 443.32K | 335K | 43K | 148K | -267.31K | 89K | 84K | 857K | 369.72K |
| Pretax Income | 2.82M | 3.44M | 3.68M | 1.43M | 4.13M | 2.97M | 5.25M | 1.92M | 4.33M | 5.99M | 7.03M | 2.92M | 4.5M | 4.28M | 4.06M | 3.88M | 5.73M | 6.57M | 6.6M | 4.21M |
| Pretax Margin % | 10.65% | 13.47% | 14.14% | 5.25% | 15.2% | 11.89% | 21.03% | 7.4% | 16.84% | 23.58% | 27.21% | 11.34% | 17.71% | 17.62% | 17.5% | 15.62% | 23.31% | 26.83% | 27.8% | 17.06% |
| Income Tax | 492K | 903K | 1.01M | 88.81K | 1.01M | 762K | 1.25M | 284.97K | 1.85M | 1.37M | 1.67M | 743.07K | 17K | 1.46M | 1.41M | 223.49K | 2.46M | 1.43M | 1.42M | 2.02M |
| Effective Tax Rate % | 17.45% | 26.23% | 27.49% | 6.2% | 24.36% | 25.68% | 23.8% | 14.85% | 42.67% | 22.82% | 23.76% | 25.42% | 0.38% | 34.22% | 34.71% | 5.76% | 43.04% | 21.78% | 21.46% | 47.88% |
| Net Income | 1.64M | 2.06M | 2.26M | 729.26K | 2.51M | 1.96M | 3.13M | 830.4K | 1.87M | 3.76M | 4.11M | 1.24M | 3.86M | 2.23M | 2.05M | 2.24M | 2.29M | 4.02M | 3.89M | 720.59K |
| Net Margin % | 6.2% | 8.05% | 8.69% | 2.67% | 9.23% | 7.87% | 12.56% | 3.2% | 7.28% | 14.81% | 15.89% | 4.8% | 15.18% | 9.2% | 8.83% | 9.04% | 9.32% | 16.42% | 16.38% | 2.92% |
| Net Income Growth % | -34.52% | 4.68% | -27.78% | -12.18% | 33.87% | -47.75% | -23.65% | -32.86% | -51.5% | 68.41% | 100.59% | -44.86% | 68.49% | -44.48% | -47.34% | 211.26% | -40.77% | 29.22% | 54.98% | 25.06% |
| Net Income (Continuing) | 2.33M | 2.54M | 2.67M | 1.34M | 3.12M | 2.21M | 4M | 1.63M | 2.48M | 4.62M | 5.36M | 2.18M | 4.49M | 2.81M | 2.65M | 3.65M | 3.26M | 5.14M | 5.18M | 2.2M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -14.11M | -14.07M | -13.48M | -12.5M | -11.62M | -10.89M | -9.86M | -9.18M | -8.73M | -7.59M | -7.23M | -7.08M | -6.56M | -6.02M | -5.08M | -4.05M | -3.77M | -3.31M | -2.83M | -3.05M |
| EPS (Diluted) | 0.24 | 0.31 | 0.34 | 0.11 | 0.38 | 0.29 | 0.46 | 0.11 | 0.28 | 0.54 | 0.59 | 0.16 | 0.55 | 0.32 | 0.29 | 0.55 | 0.32 | 0.57 | 0.55 | 0.34 |
| EPS Growth % | -36.84% | 6.9% | -26.09% | 0% | 35.71% | -46.3% | -22.03% | -31.25% | -49.09% | 68.75% | 103.45% | -70.91% | 71.88% | -43.86% | -47.27% | 61.76% | -40.74% | 29.55% | 52.78% | 100% |
| EPS (Basic) | 0.25 | 0.31 | 0.34 | 0.11 | 0.38 | 0.30 | 0.47 | 0.12 | 0.28 | 0.55 | 0.60 | 0.18 | 0.56 | 0.32 | 0.29 | 0.56 | 0.33 | 0.58 | 0.56 | 0.34 |
| Diluted Shares Outstanding | 6.3M | 6.4M | 6.3M | 6.55M | 6.3M | 6.43M | 6.43M | 7.51M | 6.34M | 6.67M | 6.56M | 7.14M | 6.61M | 6.76M | 6.67M | 6.63M | 6.68M | 6.68M | 6.68M | 6.55M |
| Basic Shares Outstanding | 6.17M | 6.28M | 6.17M | 6.27M | 6.17M | 6.3M | 6.3M | 6.77M | 6.34M | 6.54M | 6.41M | 6.56M | 6.48M | 6.63M | 6.54M | 6.55M | 6.55M | 6.55M | 6.55M | 6.55M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |