Fonar

Melville, United States Founded: 1978 • Age: 48 yrs
Upright multi-position MRI systems are developed for disease diagnostics.
Annual revenue $104.3M Latest available
Total funding - Funding intelligence
Employees 520 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Fonar

Fonar is a company based in Melville (United States) founded in 1978. The company has 520 employees as of June 30, 2025. Fonar operates in a competitive market with competitors including Openwater, Hyperfine, Promaxo, InkSpace Imaging and MRIguidance, among others.

  • Headquarter Melville, United States
  • Employees 520 as on 30 Jun, 2025
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Fonar Corporation
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $104.35 M (USD)
    1.43
    as on Jun 30, 2025
  • Net Profit
    $8.33 M (USD)
    -21.13
    as on Jun 30, 2025
  • EBITDA
    $16.3 M (USD)
    -35.95
    as on Jun 30, 2025
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    520

    as on Jun 30, 2025

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IPO & Listings of Fonar

Fonar is a publicly listed company on the NASDAQ with ticker symbol FONR in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: FONR · Sector: Commercial services · USA

People of Fonar

Headcount 500-1000
Employee Profiles 3
Employee Profiles
People
John Collins
General Counsel

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Teams

Funding Insights of Fonar

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Detailed funding history for Fonar

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Investments & Acquisitions by Fonar

Investments
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Investment portfolio details for Fonar

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Financial Statements - Fonar

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Detailed financials for Fonar

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Fonar Comparisons

Fonar Primary company
Description
Upright multi-position MRI systems are developed for disease...
Location
Melville, United States
Founded Year
1978
Annual Revenue
$104.35 M (USD)
Net Profit
$8.33 M (USD)
EBITDA
$16.3 M (USD)
Employees
520
As of 2025
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Peer comparison for Fonar

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Competitors of Fonar

Fonar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Openwater, Hyperfine, Promaxo, InkSpace Imaging and MRIguidance, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of imaging technologies for medical diagnosis and treatments
Locked Locked Locked
Portable MRI systems are manufactured for medical professionals.
Locked Locked Locked
Portable MRI for prostate cancer screening is developed.
Locked Locked Locked
Patented customized MRI coils are developed for pediatric applications.
Locked Locked Locked
An MRI-based platform for bone diagnostics is provided.
Locked Locked Locked
Next-generation MRI scanners are supplied for medical imaging applications.
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Detailed competitors of Fonar

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Latest news on Fonar

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Complete news archive for Fonar

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Frequently Asked Questions about Fonar

Fonar was founded in 1978.

Fonar is headquartered in Melville, United States. It is registered at Melville, New York, United States.

Timothy Damadian is the current CEO of Fonar.

As of Jun 30, 2025, the latest employee count at Fonar is 520.

Annual revenue of Fonar is $104.35M as on Jun 30, 2025.

Fonar was founded in 1978 in Melville, United States, within the medical imaging sector. Magnetic resonance imaging technology is produced for human disease detection and diagnosis. Operations are structured into two segments: Medical Equipment and Physician Management and Diagnostic Services. The Upright MRI system, designed as a weight-bearing whole-body open scanner, is employed for positional imaging applications across clinical settings.

Fonar's top competitors include Hyperfine, Openwater and Promaxo.

Yes, Fonar is publicly traded on NASDAQ under the ticker symbol FONR.

The ticker symbol of Fonar is FONR on NASDAQ.

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