FONAR Q3 net income down 25% to $2.3M; shareholder vote on take-private set for May 28

FONAR CORP

Diluted EPS $0.24, down 35% YoY; revenue $26.5M, down 3% from $27.2M.
Operating income $2.4M, down 33%; SG&A up 5% to $8.4M.
Record Q3 scan volume of 55,660 scans, up 1.5% sequentially; HMCA manages 45 MRI scanners.
Cash and equivalents $53.8M, down 4% from June 30, 2025.
Share repurchases suspended; special meeting to approve go-private merger scheduled for May 28, 2026.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FONAR CORP reported the quarter ended March 31, 2026 results: revenue $26.5 million, net income $2.3 million, EPS $0.24 per share.

Period: the quarter ended March 31, 2026
Revenue: $26.5 million
Net income: $2.3 million
EPS: $0.24 per share
Result: reported results

Exact text from the filing

Stockholders decreased 35% to $0.24 per share for the quarter ended March 31, 2026 as compared to th e quarter ended March 31, 2025. · Total Revenues-Net decreased 3% to $26.5 million for the quarter ended March 31, 2026 as compared to the quarter ended March 31, 2025. · Total Cash, Cash Equivalents and Short-Term Investments decreased 4% to $53.8 million at

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FONAR CORP reported the nine-month period ended March 31, 2026 results: revenue $78.1 million, net income $7.5 million, EPS $0.89 per share.

Period: the nine-month period ended March 31, 2026
Revenue: $78.1 million
Net income: $7.5 million
EPS: $0.89 per share
Result: reported results

Exact text from the filing

31, 2026 decreased 3% to $26.5 million as compared to $27.2 million for the quarter ended March 31, 2025. Total Revenues-Net for the nine-month period ended March 31, 2026 was $78.1 million as compared to $77.1 million for the nine-month period ended March 31, 2025. Selling, general & administrative costs (SG&A) increased 5% to $8.4 million for the quarter ended

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

FONAR CORP filing history →

Source: SEC EDGAR

accession 0001731122-26-000710

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