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Side-by-side financial comparison of FONAR CORP (FONR) and CS Disco, Inc. (LAW). Click either name above to swap in a different company.
CS Disco, Inc. is the larger business by last-quarter revenue ($41.9M vs $25.5M, roughly 1.6× FONAR CORP). FONAR CORP runs the higher net margin — 8.0% vs -23.0%, a 31.0% gap on every dollar of revenue. On growth, CS Disco, Inc. posted the faster year-over-year revenue change (14.3% vs 2.4%). Over the past eight quarters, CS Disco, Inc.'s revenue compounded faster (7.9% 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.
CS Disco, Inc. is a leading legal technology provider that develops cloud-based software solutions for legal practitioners. Its core offerings include e-discovery, document review, case management, and legal workflow automation tools, serving law firms, corporate legal teams, and government legal departments primarily in North America.
FONR vs LAW — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $25.5M | $41.9M |
| Net Profit | $2.1M | $-9.6M |
| Gross Margin | — | 74.2% |
| Operating Margin | 13.5% | 1.7% |
| Net Margin | 8.0% | -23.0% |
| Revenue YoY | 2.4% | 14.3% |
| Net Profit YoY | 4.7% | 15.6% |
| EPS (diluted) | — | $-0.15 |
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 | — | $41.9M | ||
| Q4 25 | $25.5M | $41.2M | ||
| Q3 25 | $26.0M | $40.9M | ||
| Q2 25 | $27.3M | $38.1M | ||
| Q1 25 | $27.2M | $36.7M | ||
| Q4 24 | $24.9M | $37.0M | ||
| Q3 24 | $25.0M | $36.3M | ||
| Q2 24 | $25.9M | $36.0M |
| Q1 26 | — | $-9.6M | ||
| Q4 25 | $2.1M | $-8.5M | ||
| Q3 25 | $2.3M | $-13.7M | ||
| Q2 25 | $729.3K | $-10.8M | ||
| Q1 25 | $2.5M | $-11.4M | ||
| Q4 24 | $2.0M | $-25.2M | ||
| Q3 24 | $3.1M | $-9.2M | ||
| Q2 24 | $830.4K | $-10.8M |
| Q1 26 | — | 74.2% | ||
| Q4 25 | — | 75.1% | ||
| Q3 25 | — | 75.5% | ||
| Q2 25 | — | 74.6% | ||
| Q1 25 | — | 74.1% | ||
| Q4 24 | — | 74.2% | ||
| Q3 24 | — | 73.1% | ||
| Q2 24 | — | 74.2% |
| Q1 26 | — | 1.7% | ||
| Q4 25 | 13.5% | -22.4% | ||
| Q3 25 | 14.1% | -35.3% | ||
| Q2 25 | 5.3% | -31.0% | ||
| Q1 25 | 15.2% | -34.4% | ||
| Q4 24 | 11.9% | -70.6% | ||
| Q3 24 | 21.0% | -30.0% | ||
| Q2 24 | 7.4% | -34.4% |
| Q1 26 | — | -23.0% | ||
| Q4 25 | 8.0% | -20.7% | ||
| Q3 25 | 8.7% | -33.4% | ||
| Q2 25 | 2.7% | -28.4% | ||
| Q1 25 | 9.2% | -31.1% | ||
| Q4 24 | 7.9% | -68.1% | ||
| Q3 24 | 12.6% | -25.3% | ||
| Q2 24 | 3.2% | -30.1% |
| Q1 26 | — | $-0.15 | ||
| Q4 25 | — | $-0.13 | ||
| Q3 25 | — | $-0.22 | ||
| Q2 25 | — | $-0.18 | ||
| Q1 25 | — | $-0.19 | ||
| Q4 24 | — | $-0.43 | ||
| Q3 24 | — | $-0.15 | ||
| Q2 24 | — | $-0.18 |
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 | $103.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $176.9M | $123.9M |
| Total Assets | $217.2M | $162.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $103.0M | ||
| Q4 25 | $121.0K | $114.6M | ||
| Q3 25 | $122.0K | $113.5M | ||
| Q2 25 | $56.5M | $114.5M | ||
| Q1 25 | $123.0K | $118.8M | ||
| Q4 24 | $121.0K | $129.1M | ||
| Q3 24 | $136.0K | $126.8M | ||
| Q2 24 | $56.5M | $130.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $66.9K | — |
| Q1 26 | — | $123.9M | ||
| Q4 25 | $176.9M | $128.1M | ||
| Q3 25 | $174.9M | $130.6M | ||
| Q2 25 | $172.6M | $137.9M | ||
| Q1 25 | $171.9M | $142.2M | ||
| Q4 24 | $169.8M | $147.5M | ||
| Q3 24 | $168.7M | $167.3M | ||
| Q2 24 | $166.0M | $170.9M |
| Q1 26 | — | $162.4M | ||
| Q4 25 | $217.2M | $173.6M | ||
| Q3 25 | $218.4M | $174.8M | ||
| Q2 25 | $216.9M | $164.9M | ||
| Q1 25 | $214.9M | $168.0M | ||
| Q4 24 | $208.0M | $180.3M | ||
| Q3 24 | $212.3M | $194.4M | ||
| Q2 24 | $214.2M | $198.0M |
| 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 | $-11.7M |
| 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 | — | $-11.7M | ||
| Q4 25 | $171.0K | $762.0K | ||
| Q3 25 | $1.7M | $-979.0K | ||
| Q2 25 | $4.2M | $-4.2M | ||
| Q1 25 | $3.1M | $-10.5M | ||
| Q4 24 | $2.2M | $2.1M | ||
| Q3 24 | $1.7M | $-2.9M | ||
| Q2 24 | $4.6M | $-650.0K |
| Q1 26 | — | — | ||
| Q4 25 | $-227.0K | $255.0K | ||
| Q3 25 | $-177.0K | $-2.0M | ||
| Q2 25 | $3.6M | $-5.2M | ||
| Q1 25 | $2.6M | $-11.0M | ||
| Q4 24 | $1.5M | $1.5M | ||
| Q3 24 | $-148.0K | $-3.7M | ||
| Q2 24 | $4.2M | $-1.3M |
| Q1 26 | — | — | ||
| Q4 25 | -0.9% | 0.6% | ||
| Q3 25 | -0.7% | -5.0% | ||
| Q2 25 | 13.1% | -13.6% | ||
| Q1 25 | 9.4% | -30.1% | ||
| Q4 24 | 6.0% | 4.1% | ||
| Q3 24 | -0.6% | -10.3% | ||
| Q2 24 | 16.1% | -3.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | 1.2% | ||
| Q3 25 | 7.2% | 2.6% | ||
| Q2 25 | 2.4% | 2.5% | ||
| Q1 25 | 2.2% | 1.4% | ||
| Q4 24 | 3.0% | 1.5% | ||
| Q3 24 | 7.2% | 2.4% | ||
| Q2 24 | 1.6% | 1.8% |
| Q1 26 | — | — | ||
| 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× | — |
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% |
LAW
Segment breakdown not available.
