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Side-by-side financial comparison of Avidia Bancorp, Inc. (AVBC) and FONAR CORP (FONR). Click either name above to swap in a different company.

Avidia Bancorp, Inc. is the larger business by last-quarter revenue ($26.8M vs $25.5M, roughly 1.0× FONAR CORP). Avidia Bancorp, Inc. runs the higher net margin — 22.9% vs 8.0%, a 14.9% gap on every dollar of revenue. Avidia Bancorp, Inc. produced more free cash flow last quarter ($24.1M vs $-227.0K).

Avidia Bank is an American mutual community bank headquartered in Hudson, Massachusetts. It was founded in 2007 when it was formed by a merger between Hudson Savings Bank and Westborough Bank.

FONAR Corp is a specialized medical technology firm that designs, manufactures, and distributes innovative MRI systems including upright and open models. It primarily serves U.S. hospitals, diagnostic imaging centers, and healthcare providers, delivering high-precision scanning solutions for clinical diagnostic use.

AVBC vs FONR — Head-to-Head

Bigger by revenue
AVBC
AVBC
1.0× larger
AVBC
$26.8M
$25.5M
FONR
Higher net margin
AVBC
AVBC
14.9% more per $
AVBC
22.9%
8.0%
FONR
More free cash flow
AVBC
AVBC
$24.3M more FCF
AVBC
$24.1M
$-227.0K
FONR

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
AVBC
AVBC
FONR
FONR
Revenue
$26.8M
$25.5M
Net Profit
$5.3M
$2.1M
Gross Margin
Operating Margin
33.3%
13.5%
Net Margin
22.9%
8.0%
Revenue YoY
2.4%
Net Profit YoY
4.7%
EPS (diluted)

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
AVBC
AVBC
FONR
FONR
Q4 25
$26.8M
$25.5M
Q3 25
$28.0M
$26.0M
Q2 25
$25.9M
$27.3M
Q1 25
$22.9M
$27.2M
Q4 24
$24.9M
Q3 24
$25.0M
Q2 24
$25.9M
Q1 24
$25.7M
Net Profit
AVBC
AVBC
FONR
FONR
Q4 25
$5.3M
$2.1M
Q3 25
$-907.0K
$2.3M
Q2 25
$3.9M
$729.3K
Q1 25
$-11.6M
$2.5M
Q4 24
$2.0M
Q3 24
$3.1M
Q2 24
$830.4K
Q1 24
$1.9M
Operating Margin
AVBC
AVBC
FONR
FONR
Q4 25
33.3%
13.5%
Q3 25
-7.0%
14.1%
Q2 25
19.4%
5.3%
Q1 25
-72.0%
15.2%
Q4 24
11.9%
Q3 24
21.0%
Q2 24
7.4%
Q1 24
16.8%
Net Margin
AVBC
AVBC
FONR
FONR
Q4 25
22.9%
8.0%
Q3 25
-3.2%
8.7%
Q2 25
15.0%
2.7%
Q1 25
-50.5%
9.2%
Q4 24
7.9%
Q3 24
12.6%
Q2 24
3.2%
Q1 24
7.3%
EPS (diluted)
AVBC
AVBC
FONR
FONR
Q4 25
Q3 25
$-0.05
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
AVBC
AVBC
FONR
FONR
Cash + ST InvestmentsLiquidity on hand
$275.0M
$121.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$379.0M
$176.9M
Total Assets
$2.8B
$217.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVBC
AVBC
FONR
FONR
Q4 25
$275.0M
$121.0K
Q3 25
$208.3M
$122.0K
Q2 25
$592.5M
$56.5M
Q1 25
$123.0K
Q4 24
$121.0K
Q3 24
$136.0K
Q2 24
$56.5M
Q1 24
$134.0K
Total Debt
AVBC
AVBC
FONR
FONR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$66.9K
Q1 24
Stockholders' Equity
AVBC
AVBC
FONR
FONR
Q4 25
$379.0M
$176.9M
Q3 25
$372.0M
$174.9M
Q2 25
$191.4M
$172.6M
Q1 25
$186.1M
$171.9M
Q4 24
$169.8M
Q3 24
$168.7M
Q2 24
$166.0M
Q1 24
$165.8M
Total Assets
AVBC
AVBC
FONR
FONR
Q4 25
$2.8B
$217.2M
Q3 25
$2.8B
$218.4M
Q2 25
$3.0B
$216.9M
Q1 25
$2.7B
$214.9M
Q4 24
$208.0M
Q3 24
$212.3M
Q2 24
$214.2M
Q1 24
$209.6M
Debt / Equity
AVBC
AVBC
FONR
FONR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.00×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
AVBC
AVBC
FONR
FONR
Operating Cash FlowLast quarter
$28.4M
$171.0K
Free Cash FlowOCF − Capex
$24.1M
$-227.0K
FCF MarginFCF / Revenue
89.9%
-0.9%
Capex IntensityCapex / Revenue
16.0%
1.6%
Cash ConversionOCF / Net Profit
5.32×
0.08×
TTM Free Cash FlowTrailing 4 quarters
$40.2M
$5.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVBC
AVBC
FONR
FONR
Q4 25
$28.4M
$171.0K
Q3 25
$24.1M
$1.7M
Q2 25
$-2.3M
$4.2M
Q1 25
$-2.2M
$3.1M
Q4 24
$2.2M
Q3 24
$1.7M
Q2 24
$4.6M
Q1 24
$2.8M
Free Cash Flow
AVBC
AVBC
FONR
FONR
Q4 25
$24.1M
$-227.0K
Q3 25
$23.3M
$-177.0K
Q2 25
$-3.3M
$3.6M
Q1 25
$-3.9M
$2.6M
Q4 24
$1.5M
Q3 24
$-148.0K
Q2 24
$4.2M
Q1 24
$2.6M
FCF Margin
AVBC
AVBC
FONR
FONR
Q4 25
89.9%
-0.9%
Q3 25
83.2%
-0.7%
Q2 25
-12.8%
13.1%
Q1 25
-16.9%
9.4%
Q4 24
6.0%
Q3 24
-0.6%
Q2 24
16.1%
Q1 24
10.2%
Capex Intensity
AVBC
AVBC
FONR
FONR
Q4 25
16.0%
1.6%
Q3 25
3.1%
7.2%
Q2 25
3.7%
2.4%
Q1 25
7.2%
2.2%
Q4 24
3.0%
Q3 24
7.2%
Q2 24
1.6%
Q1 24
0.7%
Cash Conversion
AVBC
AVBC
FONR
FONR
Q4 25
5.32×
0.08×
Q3 25
0.75×
Q2 25
-0.60×
5.79×
Q1 25
1.26×
Q4 24
1.14×
Q3 24
0.53×
Q2 24
5.54×
Q1 24
1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVBC
AVBC

Segment breakdown not available.

FONR
FONR

Managementof Diagnostic Imaging Centers$23.2M91%
Manufacturingand Servicingof Medical Equipment$2.4M9%

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