vs

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

PCB BANCORP is the larger business by last-quarter revenue ($29.2M vs $25.5M, roughly 1.1× FONAR CORP). On growth, PCB BANCORP posted the faster year-over-year revenue change (11.3% vs 2.4%). PCB BANCORP produced more free cash flow last quarter ($24.4M vs $-227.0K). Over the past eight quarters, PCB BANCORP's revenue compounded faster (10.4% 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.

PCB Bank is an American community bank that focuses on the Korean-American community based in California and offers commercial banking services. It has branches in 8 states and is the third largest Korean American Bank after Bank of Hope and Hanmi Bank.

FONR vs PCB — Head-to-Head

Bigger by revenue
PCB
PCB
1.1× larger
PCB
$29.2M
$25.5M
FONR
Growing faster (revenue YoY)
PCB
PCB
+8.9% gap
PCB
11.3%
2.4%
FONR
More free cash flow
PCB
PCB
$24.6M more FCF
PCB
$24.4M
$-227.0K
FONR
Faster 2-yr revenue CAGR
PCB
PCB
Annualised
PCB
10.4%
-0.3%
FONR

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FONR
FONR
PCB
PCB
Revenue
$25.5M
$29.2M
Net Profit
$2.1M
Gross Margin
Operating Margin
13.5%
45.0%
Net Margin
8.0%
Revenue YoY
2.4%
11.3%
Net Profit YoY
4.7%
EPS (diluted)
$0.65

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
PCB
PCB
Q4 25
$25.5M
$29.2M
Q3 25
$26.0M
$30.4M
Q2 25
$27.3M
$29.3M
Q1 25
$27.2M
$26.9M
Q4 24
$24.9M
$26.2M
Q3 24
$25.0M
$25.3M
Q2 24
$25.9M
$24.2M
Q1 24
$25.7M
$23.9M
Net Profit
FONR
FONR
PCB
PCB
Q4 25
$2.1M
Q3 25
$2.3M
$11.4M
Q2 25
$729.3K
$9.1M
Q1 25
$2.5M
$7.7M
Q4 24
$2.0M
Q3 24
$3.1M
$7.8M
Q2 24
$830.4K
$6.3M
Q1 24
$1.9M
$4.7M
Operating Margin
FONR
FONR
PCB
PCB
Q4 25
13.5%
45.0%
Q3 25
14.1%
52.3%
Q2 25
5.3%
43.3%
Q1 25
15.2%
40.2%
Q4 24
11.9%
39.3%
Q3 24
21.0%
42.2%
Q2 24
7.4%
36.3%
Q1 24
16.8%
27.2%
Net Margin
FONR
FONR
PCB
PCB
Q4 25
8.0%
Q3 25
8.7%
37.5%
Q2 25
2.7%
31.0%
Q1 25
9.2%
28.8%
Q4 24
7.9%
Q3 24
12.6%
30.8%
Q2 24
3.2%
25.9%
Q1 24
7.3%
19.6%
EPS (diluted)
FONR
FONR
PCB
PCB
Q4 25
$0.65
Q3 25
$0.78
Q2 25
$0.62
Q1 25
$0.53
Q4 24
$0.46
Q3 24
$0.52
Q2 24
$0.43
Q1 24
$0.33

Balance Sheet & Financial Strength

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

Metric
FONR
FONR
PCB
PCB
Cash + ST InvestmentsLiquidity on hand
$121.0K
$207.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$176.9M
$390.0M
Total Assets
$217.2M
$3.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FONR
FONR
PCB
PCB
Q4 25
$121.0K
$207.1M
Q3 25
$122.0K
$369.5M
Q2 25
$56.5M
$263.6M
Q1 25
$123.0K
$214.3M
Q4 24
$121.0K
$198.8M
Q3 24
$136.0K
$193.1M
Q2 24
$56.5M
$177.6M
Q1 24
$134.0K
$239.8M
Total Debt
FONR
FONR
PCB
PCB
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$66.9K
Q1 24
Stockholders' Equity
FONR
FONR
PCB
PCB
Q4 25
$176.9M
$390.0M
Q3 25
$174.9M
$384.5M
Q2 25
$172.6M
$376.5M
Q1 25
$171.9M
$370.9M
Q4 24
$169.8M
$363.8M
Q3 24
$168.7M
$362.3M
Q2 24
$166.0M
$353.5M
Q1 24
$165.8M
$350.0M
Total Assets
FONR
FONR
PCB
PCB
Q4 25
$217.2M
$3.3B
Q3 25
$218.4M
$3.4B
Q2 25
$216.9M
$3.3B
Q1 25
$214.9M
$3.2B
Q4 24
$208.0M
$3.1B
Q3 24
$212.3M
$2.9B
Q2 24
$214.2M
$2.9B
Q1 24
$209.6M
$2.9B
Debt / Equity
FONR
FONR
PCB
PCB
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
FONR
FONR
PCB
PCB
Operating Cash FlowLast quarter
$171.0K
$26.6M
Free Cash FlowOCF − Capex
$-227.0K
$24.4M
FCF MarginFCF / Revenue
-0.9%
83.6%
Capex IntensityCapex / Revenue
1.6%
7.5%
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters
$5.7M
$46.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FONR
FONR
PCB
PCB
Q4 25
$171.0K
$26.6M
Q3 25
$1.7M
$16.4M
Q2 25
$4.2M
$4.9M
Q1 25
$3.1M
$2.3M
Q4 24
$2.2M
$39.0M
Q3 24
$1.7M
$11.9M
Q2 24
$4.6M
$14.6M
Q1 24
$2.8M
$8.2M
Free Cash Flow
FONR
FONR
PCB
PCB
Q4 25
$-227.0K
$24.4M
Q3 25
$-177.0K
$16.2M
Q2 25
$3.6M
$3.8M
Q1 25
$2.6M
$1.6M
Q4 24
$1.5M
$34.9M
Q3 24
$-148.0K
$11.9M
Q2 24
$4.2M
$12.8M
Q1 24
$2.6M
$6.0M
FCF Margin
FONR
FONR
PCB
PCB
Q4 25
-0.9%
83.6%
Q3 25
-0.7%
53.2%
Q2 25
13.1%
13.1%
Q1 25
9.4%
6.0%
Q4 24
6.0%
133.2%
Q3 24
-0.6%
46.8%
Q2 24
16.1%
53.1%
Q1 24
10.2%
25.2%
Capex Intensity
FONR
FONR
PCB
PCB
Q4 25
1.6%
7.5%
Q3 25
7.2%
0.8%
Q2 25
2.4%
3.7%
Q1 25
2.2%
2.8%
Q4 24
3.0%
15.5%
Q3 24
7.2%
0.1%
Q2 24
1.6%
7.3%
Q1 24
0.7%
9.3%
Cash Conversion
FONR
FONR
PCB
PCB
Q4 25
0.08×
Q3 25
0.75×
1.44×
Q2 25
5.79×
0.54×
Q1 25
1.26×
0.30×
Q4 24
1.14×
Q3 24
0.53×
1.52×
Q2 24
5.54×
2.33×
Q1 24
1.50×
1.76×

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%

PCB
PCB

Segment breakdown not available.

Related Comparisons