vs

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

First Bancorp, Inc is the larger business by last-quarter revenue ($25.8M vs $25.5M, roughly 1.0× FONAR CORP). First Bancorp, Inc runs the higher net margin — 39.4% vs 8.0%, a 31.3% gap on every dollar of revenue. On growth, First Bancorp, Inc posted the faster year-over-year revenue change (17.5% vs 2.4%). First Bancorp, Inc produced more free cash flow last quarter ($34.6M vs $-227.0K). Over the past eight quarters, First Bancorp, Inc's revenue compounded faster (18.1% CAGR vs -0.3%).

Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.

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.

FNLC vs FONR — Head-to-Head

Bigger by revenue
FNLC
FNLC
1.0× larger
FNLC
$25.8M
$25.5M
FONR
Growing faster (revenue YoY)
FNLC
FNLC
+15.1% gap
FNLC
17.5%
2.4%
FONR
Higher net margin
FNLC
FNLC
31.3% more per $
FNLC
39.4%
8.0%
FONR
More free cash flow
FNLC
FNLC
$34.8M more FCF
FNLC
$34.6M
$-227.0K
FONR
Faster 2-yr revenue CAGR
FNLC
FNLC
Annualised
FNLC
18.1%
-0.3%
FONR

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
FNLC
FNLC
FONR
FONR
Revenue
$25.8M
$25.5M
Net Profit
$10.2M
$2.1M
Gross Margin
Operating Margin
48.1%
13.5%
Net Margin
39.4%
8.0%
Revenue YoY
17.5%
2.4%
Net Profit YoY
39.7%
4.7%
EPS (diluted)
$0.91

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
FNLC
FNLC
FONR
FONR
Q4 25
$25.8M
$25.5M
Q3 25
$24.5M
$26.0M
Q2 25
$22.5M
$27.3M
Q1 25
$21.8M
$27.2M
Q4 24
$22.0M
$24.9M
Q3 24
$20.5M
$25.0M
Q2 24
$19.2M
$25.9M
Q1 24
$18.5M
$25.7M
Net Profit
FNLC
FNLC
FONR
FONR
Q4 25
$10.2M
$2.1M
Q3 25
$9.1M
$2.3M
Q2 25
$8.1M
$729.3K
Q1 25
$7.1M
$2.5M
Q4 24
$7.3M
$2.0M
Q3 24
$7.6M
$3.1M
Q2 24
$6.2M
$830.4K
Q1 24
$6.0M
$1.9M
Operating Margin
FNLC
FNLC
FONR
FONR
Q4 25
48.1%
13.5%
Q3 25
45.2%
14.1%
Q2 25
43.7%
5.3%
Q1 25
39.3%
15.2%
Q4 24
39.5%
11.9%
Q3 24
44.6%
21.0%
Q2 24
38.8%
7.4%
Q1 24
39.3%
16.8%
Net Margin
FNLC
FNLC
FONR
FONR
Q4 25
39.4%
8.0%
Q3 25
37.0%
8.7%
Q2 25
35.8%
2.7%
Q1 25
32.5%
9.2%
Q4 24
33.1%
7.9%
Q3 24
36.9%
12.6%
Q2 24
32.1%
3.2%
Q1 24
32.5%
7.3%
EPS (diluted)
FNLC
FNLC
FONR
FONR
Q4 25
$0.91
Q3 25
$0.81
Q2 25
$0.72
Q1 25
$0.63
Q4 24
$0.66
Q3 24
$0.68
Q2 24
$0.55
Q1 24
$0.54

Balance Sheet & Financial Strength

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

Metric
FNLC
FNLC
FONR
FONR
Cash + ST InvestmentsLiquidity on hand
$121.0K
Total DebtLower is stronger
$95.5M
Stockholders' EquityBook value
$283.1M
$176.9M
Total Assets
$3.2B
$217.2M
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FNLC
FNLC
FONR
FONR
Q4 25
$121.0K
Q3 25
$122.0K
Q2 25
$56.5M
Q1 25
$123.0K
Q4 24
$121.0K
Q3 24
$136.0K
Q2 24
$56.5M
Q1 24
$134.0K
Total Debt
FNLC
FNLC
FONR
FONR
Q4 25
$95.5M
Q3 25
$95.5M
Q2 25
$95.0M
Q1 25
$70.0M
Q4 24
$95.0M
Q3 24
$95.0M
Q2 24
$70.0M
$66.9K
Q1 24
$70.0M
Stockholders' Equity
FNLC
FNLC
FONR
FONR
Q4 25
$283.1M
$176.9M
Q3 25
$274.6M
$174.9M
Q2 25
$265.5M
$172.6M
Q1 25
$259.7M
$171.9M
Q4 24
$252.5M
$169.8M
Q3 24
$256.8M
$168.7M
Q2 24
$244.7M
$166.0M
Q1 24
$242.6M
$165.8M
Total Assets
FNLC
FNLC
FONR
FONR
Q4 25
$3.2B
$217.2M
Q3 25
$3.2B
$218.4M
Q2 25
$3.2B
$216.9M
Q1 25
$3.2B
$214.9M
Q4 24
$3.2B
$208.0M
Q3 24
$3.1B
$212.3M
Q2 24
$3.1B
$214.2M
Q1 24
$3.0B
$209.6M
Debt / Equity
FNLC
FNLC
FONR
FONR
Q4 25
0.34×
Q3 25
0.35×
Q2 25
0.36×
Q1 25
0.27×
Q4 24
0.38×
Q3 24
0.37×
Q2 24
0.29×
0.00×
Q1 24
0.29×

Cash Flow & Capital Efficiency

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

Metric
FNLC
FNLC
FONR
FONR
Operating Cash FlowLast quarter
$37.8M
$171.0K
Free Cash FlowOCF − Capex
$34.6M
$-227.0K
FCF MarginFCF / Revenue
133.9%
-0.9%
Capex IntensityCapex / Revenue
12.5%
1.6%
Cash ConversionOCF / Net Profit
3.72×
0.08×
TTM Free Cash FlowTrailing 4 quarters
$55.3M
$5.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FNLC
FNLC
FONR
FONR
Q4 25
$37.8M
$171.0K
Q3 25
$12.9M
$1.7M
Q2 25
$7.4M
$4.2M
Q1 25
$2.2M
$3.1M
Q4 24
$26.0M
$2.2M
Q3 24
$9.8M
$1.7M
Q2 24
$6.4M
$4.6M
Q1 24
$-1.5M
$2.8M
Free Cash Flow
FNLC
FNLC
FONR
FONR
Q4 25
$34.6M
$-227.0K
Q3 25
$12.6M
$-177.0K
Q2 25
$7.2M
$3.6M
Q1 25
$828.0K
$2.6M
Q4 24
$24.6M
$1.5M
Q3 24
$9.6M
$-148.0K
Q2 24
$6.3M
$4.2M
Q1 24
$-1.8M
$2.6M
FCF Margin
FNLC
FNLC
FONR
FONR
Q4 25
133.9%
-0.9%
Q3 25
51.4%
-0.7%
Q2 25
32.1%
13.1%
Q1 25
3.8%
9.4%
Q4 24
111.7%
6.0%
Q3 24
47.0%
-0.6%
Q2 24
32.9%
16.1%
Q1 24
-9.8%
10.2%
Capex Intensity
FNLC
FNLC
FONR
FONR
Q4 25
12.5%
1.6%
Q3 25
1.2%
7.2%
Q2 25
0.6%
2.4%
Q1 25
6.2%
2.2%
Q4 24
6.7%
3.0%
Q3 24
0.5%
7.2%
Q2 24
0.3%
1.6%
Q1 24
1.8%
0.7%
Cash Conversion
FNLC
FNLC
FONR
FONR
Q4 25
3.72×
0.08×
Q3 25
1.42×
0.75×
Q2 25
0.91×
5.79×
Q1 25
0.31×
1.26×
Q4 24
3.58×
1.14×
Q3 24
1.29×
0.53×
Q2 24
1.03×
5.54×
Q1 24
-0.25×
1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FNLC
FNLC

Segment breakdown not available.

FONR
FONR

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

Related Comparisons