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Side-by-side financial comparison of Finwise Bancorp (FINW) and FONAR CORP (FONR). Click either name above to swap in a different company.
Finwise Bancorp is the larger business by last-quarter revenue ($42.7M vs $25.5M, roughly 1.7× FONAR CORP). FONAR CORP runs the higher net margin — 8.0% vs 6.4%, a 1.6% gap on every dollar of revenue. Over the past eight quarters, Finwise Bancorp's revenue compounded faster (47.0% CAGR vs -0.3%).
Finwise Bancorp is a U.S.-based financial holding company that operates primarily through its community banking subsidiary. It offers a full suite of retail and commercial financial services, including deposit accounts, personal loans, mortgage products, small business financing, and wealth management solutions, serving local retail consumers and small to medium-sized business clients across its regional operating markets.
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.
FINW vs FONR — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $42.7M | $25.5M |
| Net Profit | $2.7M | $2.1M |
| Gross Margin | — | — |
| Operating Margin | — | 13.5% |
| Net Margin | 6.4% | 8.0% |
| Revenue YoY | — | 2.4% |
| Net Profit YoY | — | 4.7% |
| EPS (diluted) | $0.20 | — |
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.
| Q1 26 | $42.7M | — | ||
| Q4 25 | $46.9M | $25.5M | ||
| Q3 25 | $36.7M | $26.0M | ||
| Q2 25 | $25.1M | $27.3M | ||
| Q1 25 | $22.1M | $27.2M | ||
| Q4 24 | $21.1M | $24.9M | ||
| Q3 24 | $20.8M | $25.0M | ||
| Q2 24 | $19.8M | $25.9M |
| Q1 26 | $2.7M | — | ||
| Q4 25 | $3.9M | $2.1M | ||
| Q3 25 | $4.9M | $2.3M | ||
| Q2 25 | $4.1M | $729.3K | ||
| Q1 25 | $3.2M | $2.5M | ||
| Q4 24 | $2.8M | $2.0M | ||
| Q3 24 | $3.5M | $3.1M | ||
| Q2 24 | $3.2M | $830.4K |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 13.5% | ||
| Q3 25 | 17.5% | 14.1% | ||
| Q2 25 | 21.7% | 5.3% | ||
| Q1 25 | 20.1% | 15.2% | ||
| Q4 24 | 17.5% | 11.9% | ||
| Q3 24 | 22.2% | 21.0% | ||
| Q2 24 | 21.1% | 7.4% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 8.4% | 8.0% | ||
| Q3 25 | 13.3% | 8.7% | ||
| Q2 25 | 16.3% | 2.7% | ||
| Q1 25 | 14.4% | 9.2% | ||
| Q4 24 | 13.2% | 7.9% | ||
| Q3 24 | 16.6% | 12.6% | ||
| Q2 24 | 16.1% | 3.2% |
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.27 | — | ||
| Q3 25 | $0.34 | — | ||
| Q2 25 | $0.29 | — | ||
| Q1 25 | $0.23 | — | ||
| Q4 24 | $0.19 | — | ||
| Q3 24 | $0.25 | — | ||
| Q2 24 | $0.24 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $121.0K |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $196.6M | $176.9M |
| Total Assets | $899.4M | $217.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $163.4M | $121.0K | ||
| Q3 25 | $105.6M | $122.0K | ||
| Q2 25 | $90.1M | $56.5M | ||
| Q1 25 | $120.3M | $123.0K | ||
| Q4 24 | $109.2M | $121.0K | ||
| Q3 24 | $85.8M | $136.0K | ||
| Q2 24 | $89.0M | $56.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $66.9K |
| Q1 26 | $196.6M | — | ||
| Q4 25 | $193.2M | $176.9M | ||
| Q3 25 | $187.8M | $174.9M | ||
| Q2 25 | $182.0M | $172.6M | ||
| Q1 25 | $177.4M | $171.9M | ||
| Q4 24 | $173.7M | $169.8M | ||
| Q3 24 | $170.4M | $168.7M | ||
| Q2 24 | $165.8M | $166.0M |
| Q1 26 | $899.4M | — | ||
| Q4 25 | $977.1M | $217.2M | ||
| Q3 25 | $899.9M | $218.4M | ||
| Q2 25 | $842.5M | $216.9M | ||
| Q1 25 | $804.1M | $214.9M | ||
| Q4 24 | $746.0M | $208.0M | ||
| Q3 24 | $683.0M | $212.3M | ||
| Q2 24 | $617.8M | $214.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $171.0K |
| Free Cash FlowOCF − Capex | — | $-227.0K |
| FCF MarginFCF / Revenue | — | -0.9% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | — | 0.08× |
| TTM Free Cash FlowTrailing 4 quarters | — | $5.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-28.4M | $171.0K | ||
| Q3 25 | $3.5M | $1.7M | ||
| Q2 25 | $-18.3M | $4.2M | ||
| Q1 25 | $-21.6M | $3.1M | ||
| Q4 24 | $-15.0M | $2.2M | ||
| Q3 24 | $-9.8M | $1.7M | ||
| Q2 24 | $-7.6M | $4.6M |
| Q1 26 | — | — | ||
| Q4 25 | $-28.6M | $-227.0K | ||
| Q3 25 | $3.4M | $-177.0K | ||
| Q2 25 | $-19.8M | $3.6M | ||
| Q1 25 | $-23.3M | $2.6M | ||
| Q4 24 | $-16.1M | $1.5M | ||
| Q3 24 | $-13.4M | $-148.0K | ||
| Q2 24 | $-7.7M | $4.2M |
| Q1 26 | — | — | ||
| Q4 25 | -61.1% | -0.9% | ||
| Q3 25 | 9.4% | -0.7% | ||
| Q2 25 | -79.0% | 13.1% | ||
| Q1 25 | -105.3% | 9.4% | ||
| Q4 24 | -76.0% | 6.0% | ||
| Q3 24 | -64.3% | -0.6% | ||
| Q2 24 | -38.7% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 1.6% | ||
| Q3 25 | 0.1% | 7.2% | ||
| Q2 25 | 5.8% | 2.4% | ||
| Q1 25 | 7.4% | 2.2% | ||
| Q4 24 | 5.1% | 3.0% | ||
| Q3 24 | 17.2% | 7.2% | ||
| Q2 24 | 0.3% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | -7.26× | 0.08× | ||
| Q3 25 | 0.71× | 0.75× | ||
| Q2 25 | -4.48× | 5.79× | ||
| Q1 25 | -6.78× | 1.26× | ||
| Q4 24 | -5.37× | 1.14× | ||
| Q3 24 | -2.84× | 0.53× | ||
| Q2 24 | -2.39× | 5.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FINW
| Net Interest Income | $28.1M | 66% |
| Noninterest Income | $14.6M | 34% |
FONR
| Managementof Diagnostic Imaging Centers | $23.2M | 91% |
| Manufacturingand Servicingof Medical Equipment | $2.4M | 9% |
