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

SANDRIDGE ENERGY INC is the larger business by last-quarter revenue ($39.4M vs $25.5M, roughly 1.5× FONAR CORP). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs 8.0%, a 46.9% gap on every dollar of revenue. On growth, FONAR CORP posted the faster year-over-year revenue change (2.4% vs 1.1%). SANDRIDGE ENERGY INC produced more free cash flow last quarter ($14.4M vs $-227.0K). Over the past eight quarters, SANDRIDGE ENERGY INC's revenue compounded faster (14.1% 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.

SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.

FONR vs SD — Head-to-Head

Bigger by revenue
SD
SD
1.5× larger
SD
$39.4M
$25.5M
FONR
Growing faster (revenue YoY)
FONR
FONR
+1.3% gap
FONR
2.4%
1.1%
SD
Higher net margin
SD
SD
46.9% more per $
SD
54.9%
8.0%
FONR
More free cash flow
SD
SD
$14.7M more FCF
SD
$14.4M
$-227.0K
FONR
Faster 2-yr revenue CAGR
SD
SD
Annualised
SD
14.1%
-0.3%
FONR

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FONR
FONR
SD
SD
Revenue
$25.5M
$39.4M
Net Profit
$2.1M
$21.6M
Gross Margin
Operating Margin
13.5%
38.5%
Net Margin
8.0%
54.9%
Revenue YoY
2.4%
1.1%
Net Profit YoY
4.7%
23.1%
EPS (diluted)
$0.59

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
SD
SD
Q4 25
$25.5M
$39.4M
Q3 25
$26.0M
$39.8M
Q2 25
$27.3M
$34.5M
Q1 25
$27.2M
$42.6M
Q4 24
$24.9M
$39.0M
Q3 24
$25.0M
$30.1M
Q2 24
$25.9M
$26.0M
Q1 24
$25.7M
$30.3M
Net Profit
FONR
FONR
SD
SD
Q4 25
$2.1M
$21.6M
Q3 25
$2.3M
$16.0M
Q2 25
$729.3K
$19.6M
Q1 25
$2.5M
$13.0M
Q4 24
$2.0M
$17.6M
Q3 24
$3.1M
$25.5M
Q2 24
$830.4K
$8.8M
Q1 24
$1.9M
$11.1M
Operating Margin
FONR
FONR
SD
SD
Q4 25
13.5%
38.5%
Q3 25
14.1%
37.8%
Q2 25
5.3%
53.7%
Q1 25
15.2%
28.6%
Q4 24
11.9%
25.9%
Q3 24
21.0%
28.3%
Q2 24
7.4%
23.9%
Q1 24
16.8%
27.8%
Net Margin
FONR
FONR
SD
SD
Q4 25
8.0%
54.9%
Q3 25
8.7%
40.1%
Q2 25
2.7%
56.6%
Q1 25
9.2%
30.6%
Q4 24
7.9%
45.1%
Q3 24
12.6%
84.8%
Q2 24
3.2%
33.9%
Q1 24
7.3%
36.7%
EPS (diluted)
FONR
FONR
SD
SD
Q4 25
$0.59
Q3 25
$0.43
Q2 25
$0.53
Q1 25
$0.35
Q4 24
$0.46
Q3 24
$0.69
Q2 24
$0.24
Q1 24
$0.30

Balance Sheet & Financial Strength

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

Metric
FONR
FONR
SD
SD
Cash + ST InvestmentsLiquidity on hand
$121.0K
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$176.9M
$510.9M
Total Assets
$217.2M
$644.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FONR
FONR
SD
SD
Q4 25
$121.0K
$111.0M
Q3 25
$122.0K
$101.2M
Q2 25
$56.5M
$102.8M
Q1 25
$123.0K
$99.7M
Q4 24
$121.0K
$98.1M
Q3 24
$136.0K
$92.7M
Q2 24
$56.5M
$209.9M
Q1 24
$134.0K
$207.0M
Total Debt
FONR
FONR
SD
SD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$66.9K
Q1 24
Stockholders' Equity
FONR
FONR
SD
SD
Q4 25
$176.9M
$510.9M
Q3 25
$174.9M
$492.4M
Q2 25
$172.6M
$480.2M
Q1 25
$171.9M
$464.9M
Q4 24
$169.8M
$460.5M
Q3 24
$168.7M
$446.8M
Q2 24
$166.0M
$424.8M
Q1 24
$165.8M
$419.7M
Total Assets
FONR
FONR
SD
SD
Q4 25
$217.2M
$644.0M
Q3 25
$218.4M
$619.0M
Q2 25
$216.9M
$602.3M
Q1 25
$214.9M
$588.3M
Q4 24
$208.0M
$581.5M
Q3 24
$212.3M
$565.2M
Q2 24
$214.2M
$529.6M
Q1 24
$209.6M
$527.4M
Debt / Equity
FONR
FONR
SD
SD
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
SD
SD
Operating Cash FlowLast quarter
$171.0K
$31.7M
Free Cash FlowOCF − Capex
$-227.0K
$14.4M
FCF MarginFCF / Revenue
-0.9%
36.6%
Capex IntensityCapex / Revenue
1.6%
43.8%
Cash ConversionOCF / Net Profit
0.08×
1.46×
TTM Free Cash FlowTrailing 4 quarters
$5.7M
$41.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FONR
FONR
SD
SD
Q4 25
$171.0K
$31.7M
Q3 25
$1.7M
$25.3M
Q2 25
$4.2M
$22.9M
Q1 25
$3.1M
$20.3M
Q4 24
$2.2M
$26.0M
Q3 24
$1.7M
$20.8M
Q2 24
$4.6M
$11.4M
Q1 24
$2.8M
$15.7M
Free Cash Flow
FONR
FONR
SD
SD
Q4 25
$-227.0K
$14.4M
Q3 25
$-177.0K
$5.9M
Q2 25
$3.6M
$7.3M
Q1 25
$2.6M
$13.9M
Q4 24
$1.5M
$13.2M
Q3 24
$-148.0K
$10.8M
Q2 24
$4.2M
$9.0M
Q1 24
$2.6M
$14.6M
FCF Margin
FONR
FONR
SD
SD
Q4 25
-0.9%
36.6%
Q3 25
-0.7%
14.9%
Q2 25
13.1%
21.0%
Q1 25
9.4%
32.7%
Q4 24
6.0%
33.8%
Q3 24
-0.6%
36.1%
Q2 24
16.1%
34.5%
Q1 24
10.2%
48.1%
Capex Intensity
FONR
FONR
SD
SD
Q4 25
1.6%
43.8%
Q3 25
7.2%
48.6%
Q2 25
2.4%
45.2%
Q1 25
2.2%
15.0%
Q4 24
3.0%
32.9%
Q3 24
7.2%
33.3%
Q2 24
1.6%
9.4%
Q1 24
0.7%
3.7%
Cash Conversion
FONR
FONR
SD
SD
Q4 25
0.08×
1.46×
Q3 25
0.75×
1.58×
Q2 25
5.79×
1.17×
Q1 25
1.26×
1.56×
Q4 24
1.14×
1.48×
Q3 24
0.53×
0.82×
Q2 24
5.54×
1.30×
Q1 24
1.50×
1.41×

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%

SD
SD

Oil Reserves$19.0M48%
Natural Gas Reserves$11.6M30%
Natural Gas Liquids Reserves$8.7M22%

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