vs

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

TAT TECHNOLOGIES LTD is the larger business by last-quarter revenue ($46.2M vs $25.5M, roughly 1.8× FONAR CORP). TAT TECHNOLOGIES LTD runs the higher net margin — 10.5% vs 8.0%, a 2.4% gap on every dollar of revenue. TAT TECHNOLOGIES LTD produced more free cash flow last quarter ($4.8M vs $-227.0K).

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.

TAT Technologies Ltd. is a publicly traded company, headquartered in the United States, providing environmental control products and services for the commercial and military aviation industries. Its shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange.

FONR vs TATT — Head-to-Head

Bigger by revenue
TATT
TATT
1.8× larger
TATT
$46.2M
$25.5M
FONR
Higher net margin
TATT
TATT
2.4% more per $
TATT
10.5%
8.0%
FONR
More free cash flow
TATT
TATT
$5.0M more FCF
TATT
$4.8M
$-227.0K
FONR

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
FONR
FONR
TATT
TATT
Revenue
$25.5M
$46.2M
Net Profit
$2.1M
$4.8M
Gross Margin
25.1%
Operating Margin
13.5%
11.4%
Net Margin
8.0%
10.5%
Revenue YoY
2.4%
Net Profit YoY
4.7%
EPS (diluted)
$0.37

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
TATT
TATT
Q4 25
$25.5M
Q3 25
$26.0M
$46.2M
Q2 25
$27.3M
$43.1M
Q1 25
$27.2M
Q4 24
$24.9M
Q3 24
$25.0M
Q2 24
$25.9M
Q1 24
$25.7M
Net Profit
FONR
FONR
TATT
TATT
Q4 25
$2.1M
Q3 25
$2.3M
$4.8M
Q2 25
$729.3K
$3.4M
Q1 25
$2.5M
Q4 24
$2.0M
Q3 24
$3.1M
Q2 24
$830.4K
Q1 24
$1.9M
Gross Margin
FONR
FONR
TATT
TATT
Q4 25
Q3 25
25.1%
Q2 25
25.1%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
FONR
FONR
TATT
TATT
Q4 25
13.5%
Q3 25
14.1%
11.4%
Q2 25
5.3%
10.3%
Q1 25
15.2%
Q4 24
11.9%
Q3 24
21.0%
Q2 24
7.4%
Q1 24
16.8%
Net Margin
FONR
FONR
TATT
TATT
Q4 25
8.0%
Q3 25
8.7%
10.5%
Q2 25
2.7%
8.0%
Q1 25
9.2%
Q4 24
7.9%
Q3 24
12.6%
Q2 24
3.2%
Q1 24
7.3%
EPS (diluted)
FONR
FONR
TATT
TATT
Q4 25
Q3 25
$0.37
Q2 25
$0.30
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
FONR
FONR
TATT
TATT
Cash + ST InvestmentsLiquidity on hand
$121.0K
$47.1M
Total DebtLower is stronger
$9.9M
Stockholders' EquityBook value
$176.9M
$170.7M
Total Assets
$217.2M
$224.1M
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FONR
FONR
TATT
TATT
Q4 25
$121.0K
Q3 25
$122.0K
$47.1M
Q2 25
$56.5M
$43.1M
Q1 25
$123.0K
Q4 24
$121.0K
Q3 24
$136.0K
Q2 24
$56.5M
Q1 24
$134.0K
Total Debt
FONR
FONR
TATT
TATT
Q4 25
Q3 25
$9.9M
Q2 25
$10.3M
Q1 25
Q4 24
Q3 24
Q2 24
$66.9K
Q1 24
Stockholders' Equity
FONR
FONR
TATT
TATT
Q4 25
$176.9M
Q3 25
$174.9M
$170.7M
Q2 25
$172.6M
$165.8M
Q1 25
$171.9M
Q4 24
$169.8M
Q3 24
$168.7M
Q2 24
$166.0M
Q1 24
$165.8M
Total Assets
FONR
FONR
TATT
TATT
Q4 25
$217.2M
Q3 25
$218.4M
$224.1M
Q2 25
$216.9M
$213.6M
Q1 25
$214.9M
Q4 24
$208.0M
Q3 24
$212.3M
Q2 24
$214.2M
Q1 24
$209.6M
Debt / Equity
FONR
FONR
TATT
TATT
Q4 25
Q3 25
0.06×
Q2 25
0.06×
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
TATT
TATT
Operating Cash FlowLast quarter
$171.0K
$7.5M
Free Cash FlowOCF − Capex
$-227.0K
$4.8M
FCF MarginFCF / Revenue
-0.9%
10.3%
Capex IntensityCapex / Revenue
1.6%
5.9%
Cash ConversionOCF / Net Profit
0.08×
1.55×
TTM Free Cash FlowTrailing 4 quarters
$5.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FONR
FONR
TATT
TATT
Q4 25
$171.0K
Q3 25
$1.7M
$7.5M
Q2 25
$4.2M
$6.9M
Q1 25
$3.1M
Q4 24
$2.2M
Q3 24
$1.7M
Q2 24
$4.6M
Q1 24
$2.8M
Free Cash Flow
FONR
FONR
TATT
TATT
Q4 25
$-227.0K
Q3 25
$-177.0K
$4.8M
Q2 25
$3.6M
$3.6M
Q1 25
$2.6M
Q4 24
$1.5M
Q3 24
$-148.0K
Q2 24
$4.2M
Q1 24
$2.6M
FCF Margin
FONR
FONR
TATT
TATT
Q4 25
-0.9%
Q3 25
-0.7%
10.3%
Q2 25
13.1%
8.5%
Q1 25
9.4%
Q4 24
6.0%
Q3 24
-0.6%
Q2 24
16.1%
Q1 24
10.2%
Capex Intensity
FONR
FONR
TATT
TATT
Q4 25
1.6%
Q3 25
7.2%
5.9%
Q2 25
2.4%
7.7%
Q1 25
2.2%
Q4 24
3.0%
Q3 24
7.2%
Q2 24
1.6%
Q1 24
0.7%
Cash Conversion
FONR
FONR
TATT
TATT
Q4 25
0.08×
Q3 25
0.75×
1.55×
Q2 25
5.79×
2.02×
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
FONR

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

TATT
TATT

Segment breakdown not available.

Related Comparisons