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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
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 | — |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
Segment breakdown not available.
FONR
| Managementof Diagnostic Imaging Centers | $23.2M | 91% |
| Manufacturingand Servicingof Medical Equipment | $2.4M | 9% |