---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-26-000710"
form_type: "8-K"
ticker: "FONR"
cik: "0000355019"
company_name: "FONAR CORP"
filed_at: "2026-05-12T21:12:07+00:00"
generated_at: "2026-05-12T21:18:11.943720+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001731122-26-000710
- form_type: 8-K
- ticker: FONR
- cik: 0000355019
- company_name: FONAR CORP
- filed_at: 2026-05-12T21:12:07+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355019/000173112226000710/0001731122-26-000710-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355019/000173112226000710/fonar_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-26-000710
- JSON: https://secwatch.observer/filing/0001731122-26-000710.json
- Plain text: https://secwatch.observer/filing/0001731122-26-000710.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/355019/000173112226000710/0001731122-26-000710-index.htm
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/355019/000173112226000710/0001731122-26-000710-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.