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Side-by-side financial comparison of Aclarion, Inc. (ACON) and RadNet, Inc. (RDNT). Click either name above to swap in a different company.

RadNet, Inc. is the larger business by last-quarter revenue ($547.7M vs $18.5K, roughly 29641.3× Aclarion, Inc.). RadNet, Inc. runs the higher net margin — -0.1% vs -10223.7%, a 10223.6% gap on every dollar of revenue. On growth, Aclarion, Inc. posted the faster year-over-year revenue change (80.6% vs 14.8%). Over the past eight quarters, Aclarion, Inc.'s revenue compounded faster (35.2% CAGR vs 12.6%).

Aclarion, Inc. is a medical technology company focused on developing non-invasive solutions for chronic lower back pain diagnosis and treatment. Its core offerings leverage proprietary magnetic resonance spectroscopy technology to accurately identify painful intervertebral discs, serving healthcare providers and patients across the United States, with key focus on the chronic pain management and spinal care segments.

RadNet is an American radiology firm. The company operates outpatient diagnostic imaging services. Headquartered in Los Angeles, California, RadNet is the largest operator of freestanding, fixed-site diagnostic imaging centers in the United States, based on the number of locations and annual imaging revenue. As of 2025, the company owns and/or operates over 400 imaging centers across Arizona, California, Delaware, Florida, Maryland, New Jersey, New York, and Texas.

ACON vs RDNT — Head-to-Head

Bigger by revenue
RDNT
RDNT
29641.3× larger
RDNT
$547.7M
$18.5K
ACON
Growing faster (revenue YoY)
ACON
ACON
+65.8% gap
ACON
80.6%
14.8%
RDNT
Higher net margin
RDNT
RDNT
10223.6% more per $
RDNT
-0.1%
-10223.7%
ACON
Faster 2-yr revenue CAGR
ACON
ACON
Annualised
ACON
35.2%
12.6%
RDNT

Income Statement — Q4 2025 vs Q4 2025

Metric
ACON
ACON
RDNT
RDNT
Revenue
$18.5K
$547.7M
Net Profit
$-1.9M
$-597.0K
Gross Margin
9.7%
Operating Margin
-10785.8%
5.1%
Net Margin
-10223.7%
-0.1%
Revenue YoY
80.6%
14.8%
Net Profit YoY
5.0%
-111.2%
EPS (diluted)
$1.39
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACON
ACON
RDNT
RDNT
Q4 25
$18.5K
$547.7M
Q3 25
$18.9K
$522.9M
Q2 25
$19.3K
$498.2M
Q1 25
$19.0K
$471.4M
Q4 24
$10.2K
$477.1M
Q3 24
$14.4K
$461.1M
Q2 24
$11.0K
$459.7M
Q1 24
$10.1K
$431.7M
Net Profit
ACON
ACON
RDNT
RDNT
Q4 25
$-1.9M
$-597.0K
Q3 25
$-1.7M
$5.4M
Q2 25
$-1.6M
$14.5M
Q1 25
$-2.0M
$-37.9M
Q4 24
$-2.0M
$5.3M
Q3 24
$-1.4M
$3.2M
Q2 24
$-1.2M
$-3.0M
Q1 24
$-2.4M
$-2.8M
Gross Margin
ACON
ACON
RDNT
RDNT
Q4 25
9.7%
Q3 25
23.2%
Q2 25
26.6%
Q1 25
-23.6%
Q4 24
-100.9%
Q3 24
-48.1%
Q2 24
-112.3%
Q1 24
-92.6%
Operating Margin
ACON
ACON
RDNT
RDNT
Q4 25
-10785.8%
5.1%
Q3 25
-9666.2%
5.2%
Q2 25
-8988.6%
6.2%
Q1 25
-7856.0%
-5.1%
Q4 24
-17652.7%
5.1%
Q3 24
-8995.3%
7.4%
Q2 24
-10350.6%
7.6%
Q1 24
-12609.3%
2.6%
Net Margin
ACON
ACON
RDNT
RDNT
Q4 25
-10223.7%
-0.1%
Q3 25
-9008.0%
1.0%
Q2 25
-8285.9%
2.9%
Q1 25
-10728.4%
-8.0%
Q4 24
-19444.6%
1.1%
Q3 24
-9482.7%
0.7%
Q2 24
-11285.0%
-0.6%
Q1 24
-23720.6%
-0.6%
EPS (diluted)
ACON
ACON
RDNT
RDNT
Q4 25
$1.39
$0.00
Q3 25
$-2.93
$0.07
Q2 25
$-2.75
$0.19
Q1 25
$-9.32
$-0.51
Q4 24
$-809.36
$0.08
Q3 24
$-1321.49
$0.04
Q2 24
$-1362.83
$-0.04
Q1 24
$-3985.22
$-0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACON
ACON
RDNT
RDNT
Cash + ST InvestmentsLiquidity on hand
$12.0M
$767.2M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$12.8M
$1.1B
Total Assets
$13.7M
$3.8B
Debt / EquityLower = less leverage
1.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACON
ACON
RDNT
RDNT
Q4 25
$12.0M
$767.2M
Q3 25
$11.3M
$804.7M
Q2 25
$12.8M
$833.2M
Q1 25
$14.8M
$717.3M
Q4 24
$453.7K
$740.0M
Q3 24
$1.3M
$748.9M
Q2 24
$1.2M
$741.7M
Q1 24
$2.1M
$527.0M
Total Debt
ACON
ACON
RDNT
RDNT
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$1.0B
Q1 24
$834.6M
Stockholders' Equity
ACON
ACON
RDNT
RDNT
Q4 25
$12.8M
$1.1B
Q3 25
$12.5M
$1.1B
Q2 25
$14.2M
$932.3M
Q1 25
$15.8M
$898.1M
Q4 24
$970.1K
$902.3M
Q3 24
$2.5M
$895.3M
Q2 24
$1.6M
$881.0M
Q1 24
$2.5M
$873.0M
Total Assets
ACON
ACON
RDNT
RDNT
Q4 25
$13.7M
$3.8B
Q3 25
$13.2M
$3.7B
Q2 25
$14.8M
$3.5B
Q1 25
$16.5M
$3.3B
Q4 24
$2.1M
$3.3B
Q3 24
$3.2M
$3.3B
Q2 24
$3.1M
$3.2B
Q1 24
$3.7M
$3.0B
Debt / Equity
ACON
ACON
RDNT
RDNT
Q4 25
1.00×
Q3 25
1.04×
Q2 25
1.18×
Q1 25
1.12×
Q4 24
1.13×
Q3 24
1.14×
Q2 24
1.17×
Q1 24
0.96×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACON
ACON
RDNT
RDNT
Operating Cash FlowLast quarter
$-1.6M
$84.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACON
ACON
RDNT
RDNT
Q4 25
$-1.6M
$84.2M
Q3 25
$-1.2M
$52.8M
Q2 25
$-1.9M
$120.3M
Q1 25
$-2.5M
$41.5M
Q4 24
$-922.9K
$42.5M
Q3 24
$-1.1M
$57.4M
Q2 24
$-1.1M
$116.0M
Q1 24
$-2.2M
$17.1M
Free Cash Flow
ACON
ACON
RDNT
RDNT
Q4 25
Q3 25
$-1.2M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
ACON
ACON
RDNT
RDNT
Q4 25
Q3 25
-6164.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
ACON
ACON
RDNT
RDNT
Q4 25
Q3 25
38.6%
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
ACON
ACON
RDNT
RDNT
Q4 25
Q3 25
9.75×
Q2 25
8.33×
Q1 25
Q4 24
7.96×
Q3 24
17.89×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACON
ACON

Segment breakdown not available.

RDNT
RDNT

Commercial Insurance1$301.0M55%
Medicare1$129.2M24%
Capitation Arrangements$31.9M6%
Health Care Other$20.4M4%
Digital Health$16.4M3%
Other$15.2M3%
Medicaid1$14.0M3%
Workers Compensation Personal Injury1$12.3M2%
Health Care Management Service$7.5M1%

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