vs
Side-by-side financial comparison of FONAR CORP (FONR) and FRANKLIN STREET PROPERTIES CORP (FSP). Click either name above to swap in a different company.
FRANKLIN STREET PROPERTIES CORP is the larger business by last-quarter revenue ($26.0M vs $25.5M, roughly 1.0× FONAR CORP). FONAR CORP runs the higher net margin — 8.0% vs -28.1%, a 36.2% gap on every dollar of revenue. On growth, FONAR CORP posted the faster year-over-year revenue change (2.4% vs -8.2%). FONAR CORP produced more free cash flow last quarter ($-227.0K vs $-12.7M). Over the past eight quarters, FONAR CORP's revenue compounded faster (-0.3% CAGR vs -8.7%).
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.
Franklin Street Properties Corp is a Massachusetts-based real estate investment trust (REIT) in the United States. It primarily invests in, owns, and operates high-quality office properties across major U.S. metropolitan markets, serving corporate tenants across various industry segments, and delivers stable long-term returns via rental income and strategic asset management.
FONR vs FSP — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $25.5M | $26.0M |
| Net Profit | $2.1M | $-7.3M |
| Gross Margin | — | 59.4% |
| Operating Margin | 13.5% | -27.9% |
| Net Margin | 8.0% | -28.1% |
| Revenue YoY | 2.4% | -8.2% |
| Net Profit YoY | 4.7% | 14.1% |
| EPS (diluted) | — | $-0.06 |
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 | $25.5M | $26.0M | ||
| Q3 25 | $26.0M | $27.3M | ||
| Q2 25 | $27.3M | $26.7M | ||
| Q1 25 | $27.2M | $27.1M | ||
| Q4 24 | $24.9M | $28.4M | ||
| Q3 24 | $25.0M | $29.7M | ||
| Q2 24 | $25.9M | $30.8M | ||
| Q1 24 | $25.7M | $31.2M |
| Q4 25 | $2.1M | $-7.3M | ||
| Q3 25 | $2.3M | $-8.3M | ||
| Q2 25 | $729.3K | $-7.9M | ||
| Q1 25 | $2.5M | $-21.4M | ||
| Q4 24 | $2.0M | $-8.5M | ||
| Q3 24 | $3.1M | $-15.6M | ||
| Q2 24 | $830.4K | $-21.0M | ||
| Q1 24 | $1.9M | $-7.6M |
| Q4 25 | — | 59.4% | ||
| Q3 25 | — | 60.9% | ||
| Q2 25 | — | 59.9% | ||
| Q1 25 | — | 62.8% | ||
| Q4 24 | — | 59.7% | ||
| Q3 24 | — | 61.0% | ||
| Q2 24 | — | 64.2% | ||
| Q1 24 | — | 64.7% |
| Q4 25 | 13.5% | -27.9% | ||
| Q3 25 | 14.1% | -30.5% | ||
| Q2 25 | 5.3% | -29.2% | ||
| Q1 25 | 15.2% | -78.9% | ||
| Q4 24 | 11.9% | -29.9% | ||
| Q3 24 | 21.0% | -52.4% | ||
| Q2 24 | 7.4% | -68.0% | ||
| Q1 24 | 16.8% | -24.0% |
| Q4 25 | 8.0% | -28.1% | ||
| Q3 25 | 8.7% | -30.5% | ||
| Q2 25 | 2.7% | -29.5% | ||
| Q1 25 | 9.2% | -79.1% | ||
| Q4 24 | 7.9% | -30.0% | ||
| Q3 24 | 12.6% | -52.6% | ||
| Q2 24 | 3.2% | -68.2% | ||
| Q1 24 | 7.3% | -24.2% |
| Q4 25 | — | $-0.06 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | — | $-0.08 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | — | $-0.09 | ||
| Q3 24 | — | $-0.15 | ||
| Q2 24 | — | $-0.20 | ||
| Q1 24 | — | $-0.07 |
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 | $30.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $176.9M | $607.0M |
| Total Assets | $217.2M | $892.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $121.0K | $30.6M | ||
| Q3 25 | $122.0K | $31.4M | ||
| Q2 25 | $56.5M | $29.4M | ||
| Q1 25 | $123.0K | $30.2M | ||
| Q4 24 | $121.0K | $41.1M | ||
| Q3 24 | $136.0K | $40.9M | ||
| Q2 24 | $56.5M | $30.2M | ||
| Q1 24 | $134.0K | $34.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $66.9K | — | ||
| Q1 24 | — | — |
| Q4 25 | $176.9M | $607.0M | ||
| Q3 25 | $174.9M | $615.3M | ||
| Q2 25 | $172.6M | $624.7M | ||
| Q1 25 | $171.9M | $633.4M | ||
| Q4 24 | $169.8M | $655.9M | ||
| Q3 24 | $168.7M | $665.4M | ||
| Q2 24 | $166.0M | $682.1M | ||
| Q1 24 | $165.8M | $703.9M |
| Q4 25 | $217.2M | $892.9M | ||
| Q3 25 | $218.4M | $901.0M | ||
| Q2 25 | $216.9M | $903.2M | ||
| Q1 25 | $214.9M | $916.4M | ||
| Q4 24 | $208.0M | $946.9M | ||
| Q3 24 | $212.3M | $981.5M | ||
| Q2 24 | $214.2M | $1.0B | ||
| Q1 24 | $209.6M | $1.0B |
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $171.0K | $3.8M |
| Free Cash FlowOCF − Capex | $-227.0K | $-12.7M |
| FCF MarginFCF / Revenue | -0.9% | -48.6% |
| Capex IntensityCapex / Revenue | 1.6% | 63.0% |
| Cash ConversionOCF / Net Profit | 0.08× | — |
| TTM Free Cash FlowTrailing 4 quarters | $5.7M | $-25.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $171.0K | $3.8M | ||
| Q3 25 | $1.7M | $8.3M | ||
| Q2 25 | $4.2M | $-2.9M | ||
| Q1 25 | $3.1M | $-5.5M | ||
| Q4 24 | $2.2M | $9.0M | ||
| Q3 24 | $1.7M | $14.5M | ||
| Q2 24 | $4.6M | $-648.0K | ||
| Q1 24 | $2.8M | $-7.1M |
| Q4 25 | $-227.0K | $-12.7M | ||
| Q3 25 | $-177.0K | $3.0M | ||
| Q2 25 | $3.6M | $-5.7M | ||
| Q1 25 | $2.6M | $-9.9M | ||
| Q4 24 | $1.5M | $-16.2M | ||
| Q3 24 | $-148.0K | $8.6M | ||
| Q2 24 | $4.2M | $-5.1M | ||
| Q1 24 | $2.6M | $-15.8M |
| Q4 25 | -0.9% | -48.6% | ||
| Q3 25 | -0.7% | 11.0% | ||
| Q2 25 | 13.1% | -21.5% | ||
| Q1 25 | 9.4% | -36.7% | ||
| Q4 24 | 6.0% | -57.2% | ||
| Q3 24 | -0.6% | 29.1% | ||
| Q2 24 | 16.1% | -16.7% | ||
| Q1 24 | 10.2% | -50.8% |
| Q4 25 | 1.6% | 63.0% | ||
| Q3 25 | 7.2% | 19.4% | ||
| Q2 25 | 2.4% | 10.7% | ||
| Q1 25 | 2.2% | 16.4% | ||
| Q4 24 | 3.0% | 88.9% | ||
| Q3 24 | 7.2% | 19.6% | ||
| Q2 24 | 1.6% | 14.6% | ||
| Q1 24 | 0.7% | 28.1% |
| Q4 25 | 0.08× | — | ||
| Q3 25 | 0.75× | — | ||
| Q2 25 | 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
FONR
| Managementof Diagnostic Imaging Centers | $23.2M | 91% |
| Manufacturingand Servicingof Medical Equipment | $2.4M | 9% |
FSP
Segment breakdown not available.