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Side-by-side financial comparison of FONAR CORP (FONR) and UNITED SECURITY BANCSHARES (UBFO). Click either name above to swap in a different company.
FONAR CORP is the larger business by last-quarter revenue ($25.5M vs $13.5M, roughly 1.9× UNITED SECURITY BANCSHARES). UNITED SECURITY BANCSHARES runs the higher net margin — 25.2% vs 8.0%, a 17.2% gap on every dollar of revenue. On growth, UNITED SECURITY BANCSHARES posted the faster year-over-year revenue change (13.6% vs 2.4%). UNITED SECURITY BANCSHARES produced more free cash flow last quarter ($19.8M vs $-227.0K). Over the past eight quarters, UNITED SECURITY BANCSHARES's revenue compounded faster (3.0% 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.
United Security Bancshares is a bank holding company headquartered in Fresno, California. It operates 11 branches.
FONR vs UBFO — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $25.5M | $13.5M |
| Net Profit | $2.1M | $3.4M |
| Gross Margin | — | — |
| Operating Margin | 13.5% | 31.5% |
| Net Margin | 8.0% | 25.2% |
| Revenue YoY | 2.4% | 13.6% |
| Net Profit YoY | 4.7% | 36.8% |
| EPS (diluted) | — | $0.18 |
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 | $13.5M | ||
| Q3 25 | $26.0M | $14.0M | ||
| Q2 25 | $27.3M | $12.6M | ||
| Q1 25 | $27.2M | $13.7M | ||
| Q4 24 | $24.9M | $11.9M | ||
| Q3 24 | $25.0M | $13.8M | ||
| Q2 24 | $25.9M | $13.0M | ||
| Q1 24 | $25.7M | $12.8M |
| Q4 25 | $2.1M | $3.4M | ||
| Q3 25 | $2.3M | $4.0M | ||
| Q2 25 | $729.3K | $2.2M | ||
| Q1 25 | $2.5M | $2.7M | ||
| Q4 24 | $2.0M | $2.5M | ||
| Q3 24 | $3.1M | $3.8M | ||
| Q2 24 | $830.4K | $4.3M | ||
| Q1 24 | $1.9M | $4.2M |
| Q4 25 | 13.5% | 31.5% | ||
| Q3 25 | 14.1% | 40.3% | ||
| Q2 25 | 5.3% | 24.0% | ||
| Q1 25 | 15.2% | 27.5% | ||
| Q4 24 | 11.9% | 27.5% | ||
| Q3 24 | 21.0% | 37.1% | ||
| Q2 24 | 7.4% | 46.4% | ||
| Q1 24 | 16.8% | 45.9% |
| Q4 25 | 8.0% | 25.2% | ||
| Q3 25 | 8.7% | 28.7% | ||
| Q2 25 | 2.7% | 17.2% | ||
| Q1 25 | 9.2% | 19.6% | ||
| Q4 24 | 7.9% | 20.9% | ||
| Q3 24 | 12.6% | 27.7% | ||
| Q2 24 | 3.2% | 33.0% | ||
| Q1 24 | 7.3% | 32.6% |
| Q4 25 | — | $0.18 | ||
| Q3 25 | — | $0.23 | ||
| Q2 25 | — | $0.13 | ||
| Q1 25 | — | $0.16 | ||
| Q4 24 | — | $0.14 | ||
| Q3 24 | — | $0.22 | ||
| Q2 24 | — | $0.25 | ||
| Q1 24 | — | $0.24 |
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 | $264.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $176.9M | $139.7M |
| Total Assets | $217.2M | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $121.0K | $264.2M | ||
| Q3 25 | $122.0K | $211.1M | ||
| Q2 25 | $56.5M | $199.5M | ||
| Q1 25 | $123.0K | $198.4M | ||
| Q4 24 | $121.0K | $216.9M | ||
| Q3 24 | $136.0K | $216.8M | ||
| Q2 24 | $56.5M | $166.3M | ||
| Q1 24 | $134.0K | $168.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $66.9K | — | ||
| Q1 24 | — | — |
| Q4 25 | $176.9M | $139.7M | ||
| Q3 25 | $174.9M | $137.4M | ||
| Q2 25 | $172.6M | $134.3M | ||
| Q1 25 | $171.9M | $132.9M | ||
| Q4 24 | $169.8M | $130.4M | ||
| Q3 24 | $168.7M | $132.9M | ||
| Q2 24 | $166.0M | $127.3M | ||
| Q1 24 | $165.8M | $124.2M |
| Q4 25 | $217.2M | $1.2B | ||
| Q3 25 | $218.4M | $1.2B | ||
| Q2 25 | $216.9M | $1.2B | ||
| Q1 25 | $214.9M | $1.2B | ||
| Q4 24 | $208.0M | $1.2B | ||
| Q3 24 | $212.3M | $1.3B | ||
| Q2 24 | $214.2M | $1.2B | ||
| Q1 24 | $209.6M | $1.2B |
| 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 | $22.1M |
| Free Cash FlowOCF − Capex | $-227.0K | $19.8M |
| FCF MarginFCF / Revenue | -0.9% | 146.0% |
| Capex IntensityCapex / Revenue | 1.6% | 16.8% |
| Cash ConversionOCF / Net Profit | 0.08× | 6.46× |
| TTM Free Cash FlowTrailing 4 quarters | $5.7M | $36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $171.0K | $22.1M | ||
| Q3 25 | $1.7M | $7.0M | ||
| Q2 25 | $4.2M | $8.7M | ||
| Q1 25 | $3.1M | $3.0M | ||
| Q4 24 | $2.2M | $19.6M | ||
| Q3 24 | $1.7M | $5.4M | ||
| Q2 24 | $4.6M | $2.3M | ||
| Q1 24 | $2.8M | $7.4M |
| Q4 25 | $-227.0K | $19.8M | ||
| Q3 25 | $-177.0K | $6.1M | ||
| Q2 25 | $3.6M | $8.1M | ||
| Q1 25 | $2.6M | $2.9M | ||
| Q4 24 | $1.5M | $18.6M | ||
| Q3 24 | $-148.0K | $5.3M | ||
| Q2 24 | $4.2M | $2.0M | ||
| Q1 24 | $2.6M | $7.0M |
| Q4 25 | -0.9% | 146.0% | ||
| Q3 25 | -0.7% | 43.7% | ||
| Q2 25 | 13.1% | 64.3% | ||
| Q1 25 | 9.4% | 21.2% | ||
| Q4 24 | 6.0% | 156.0% | ||
| Q3 24 | -0.6% | 38.1% | ||
| Q2 24 | 16.1% | 15.5% | ||
| Q1 24 | 10.2% | 54.8% |
| Q4 25 | 1.6% | 16.8% | ||
| Q3 25 | 7.2% | 6.0% | ||
| Q2 25 | 2.4% | 4.6% | ||
| Q1 25 | 2.2% | 0.9% | ||
| Q4 24 | 3.0% | 8.7% | ||
| Q3 24 | 7.2% | 0.7% | ||
| Q2 24 | 1.6% | 2.2% | ||
| Q1 24 | 0.7% | 3.6% |
| Q4 25 | 0.08× | 6.46× | ||
| Q3 25 | 0.75× | 1.73× | ||
| Q2 25 | 5.79× | 4.01× | ||
| Q1 25 | 1.26× | 1.13× | ||
| Q4 24 | 1.14× | 7.87× | ||
| Q3 24 | 0.53× | 1.40× | ||
| Q2 24 | 5.54× | 0.54× | ||
| Q1 24 | 1.50× | 1.79× |
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% |
UBFO
Segment breakdown not available.
