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Side-by-side financial comparison of FONAR CORP (FONR) and FIVE STAR BANCORP (FSBC). Click either name above to swap in a different company.

FIVE STAR BANCORP is the larger business by last-quarter revenue ($45.1M vs $25.5M, roughly 1.8× FONAR CORP). FIVE STAR BANCORP runs the higher net margin — 41.3% vs 8.0%, a 33.2% gap on every dollar of revenue. Over the past eight quarters, FIVE STAR BANCORP's revenue compounded faster (21.3% CAGR vs -0.3%).

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.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

FONR vs FSBC — Head-to-Head

Bigger by revenue
FSBC
FSBC
1.8× larger
FSBC
$45.1M
$25.5M
FONR
Higher net margin
FSBC
FSBC
33.2% more per $
FSBC
41.3%
8.0%
FONR
Faster 2-yr revenue CAGR
FSBC
FSBC
Annualised
FSBC
21.3%
-0.3%
FONR

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
FONR
FONR
FSBC
FSBC
Revenue
$25.5M
$45.1M
Net Profit
$2.1M
$18.6M
Gross Margin
Operating Margin
13.5%
Net Margin
8.0%
41.3%
Revenue YoY
2.4%
Net Profit YoY
4.7%
42.0%
EPS (diluted)
$0.87

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
FONR
FONR
FSBC
FSBC
Q1 26
$45.1M
Q4 25
$25.5M
$43.5M
Q3 25
$26.0M
$41.3M
Q2 25
$27.3M
$38.3M
Q1 25
$27.2M
$35.3M
Q4 24
$24.9M
$35.2M
Q3 24
$25.0M
$31.8M
Q2 24
$25.9M
$30.7M
Net Profit
FONR
FONR
FSBC
FSBC
Q1 26
$18.6M
Q4 25
$2.1M
$17.6M
Q3 25
$2.3M
$16.3M
Q2 25
$729.3K
$14.5M
Q1 25
$2.5M
$13.1M
Q4 24
$2.0M
$13.3M
Q3 24
$3.1M
$10.9M
Q2 24
$830.4K
$10.8M
Operating Margin
FONR
FONR
FSBC
FSBC
Q1 26
Q4 25
13.5%
52.9%
Q3 25
14.1%
53.8%
Q2 25
5.3%
52.4%
Q1 25
15.2%
52.0%
Q4 24
11.9%
55.1%
Q3 24
21.0%
48.0%
Q2 24
7.4%
49.4%
Net Margin
FONR
FONR
FSBC
FSBC
Q1 26
41.3%
Q4 25
8.0%
40.6%
Q3 25
8.7%
39.6%
Q2 25
2.7%
37.9%
Q1 25
9.2%
37.1%
Q4 24
7.9%
37.9%
Q3 24
12.6%
34.4%
Q2 24
3.2%
35.2%
EPS (diluted)
FONR
FONR
FSBC
FSBC
Q1 26
$0.87
Q4 25
$0.83
Q3 25
$0.77
Q2 25
$0.68
Q1 25
$0.62
Q4 24
$0.61
Q3 24
$0.52
Q2 24
$0.51

Balance Sheet & Financial Strength

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

Metric
FONR
FONR
FSBC
FSBC
Cash + ST InvestmentsLiquidity on hand
$121.0K
$644.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$176.9M
$458.5M
Total Assets
$217.2M
$5.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FONR
FONR
FSBC
FSBC
Q1 26
$644.4M
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
Total Debt
FONR
FONR
FSBC
FSBC
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$66.9K
Stockholders' Equity
FONR
FONR
FSBC
FSBC
Q1 26
$458.5M
Q4 25
$176.9M
$445.8M
Q3 25
$174.9M
$431.3M
Q2 25
$172.6M
$416.7M
Q1 25
$171.9M
$406.5M
Q4 24
$169.8M
$396.6M
Q3 24
$168.7M
$389.9M
Q2 24
$166.0M
$380.5M
Total Assets
FONR
FONR
FSBC
FSBC
Q1 26
$5.0B
Q4 25
$217.2M
$4.8B
Q3 25
$218.4M
$4.6B
Q2 25
$216.9M
$4.4B
Q1 25
$214.9M
$4.2B
Q4 24
$208.0M
$4.1B
Q3 24
$212.3M
$3.9B
Q2 24
$214.2M
$3.6B
Debt / Equity
FONR
FONR
FSBC
FSBC
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
FONR
FONR
FSBC
FSBC
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.

Operating Cash Flow
FONR
FONR
FSBC
FSBC
Q1 26
Q4 25
$171.0K
$72.6M
Q3 25
$1.7M
$18.8M
Q2 25
$4.2M
$17.8M
Q1 25
$3.1M
$15.5M
Q4 24
$2.2M
$51.8M
Q3 24
$1.7M
$17.5M
Q2 24
$4.6M
$16.0M
Free Cash Flow
FONR
FONR
FSBC
FSBC
Q1 26
Q4 25
$-227.0K
$71.4M
Q3 25
$-177.0K
$18.6M
Q2 25
$3.6M
$17.5M
Q1 25
$2.6M
$15.4M
Q4 24
$1.5M
$51.2M
Q3 24
$-148.0K
$17.3M
Q2 24
$4.2M
$15.8M
FCF Margin
FONR
FONR
FSBC
FSBC
Q1 26
Q4 25
-0.9%
164.3%
Q3 25
-0.7%
45.0%
Q2 25
13.1%
45.8%
Q1 25
9.4%
43.5%
Q4 24
6.0%
145.5%
Q3 24
-0.6%
54.5%
Q2 24
16.1%
51.6%
Capex Intensity
FONR
FONR
FSBC
FSBC
Q1 26
Q4 25
1.6%
2.8%
Q3 25
7.2%
0.5%
Q2 25
2.4%
0.6%
Q1 25
2.2%
0.3%
Q4 24
3.0%
1.8%
Q3 24
7.2%
0.7%
Q2 24
1.6%
0.7%
Cash Conversion
FONR
FONR
FSBC
FSBC
Q1 26
Q4 25
0.08×
4.12×
Q3 25
0.75×
1.15×
Q2 25
5.79×
1.23×
Q1 25
1.26×
1.18×
Q4 24
1.14×
3.89×
Q3 24
0.53×
1.60×
Q2 24
5.54×
1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FONR
FONR

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

FSBC
FSBC

Net Interest Income$43.5M96%
Noninterest Income$1.6M4%

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