Fonar Corporation, the MRI Specialist™, is the world’s leading developer and manufacturer of MRI scanners. Throughout 25 years of invention, development and production, Fonar has been on the leading edge of innovation in the MRI industry. In 1980, Fonar revolutionized diagnostic imaging through the introduction of the world’s first commercial MRI scanner. Now Fonar has revolutionized diagnostic imaging with its Upright™ MRI, the world’s first MRI that performs Upright™ Imaging and Position Imaging™.

Melville, US
Size (employees)
501 (est)+8%
Fonar was founded in 1978 and is headquartered in Melville, US

Fonar Office Locations

Fonar has office in Melville
Melville, US

Fonar Metrics

Fonar Summary

Market capitalization

$113.6 m

Closing share price

Fonar's current market capitalization is $113.6 m.

Fonar Financials

We estimate that Fonar's revenue is $49.1 m in 2013
Y, 2013FY, 2014FY, 2015FY, 2016


$49.1 m$2 m$2 m$2.1 m

Revenue growth, %


Operating expense total

$41.6 m


$7.5 m

Interest expense

($500.4 k)

Income tax expense

$2.3 m

Net Income

$10.3 m$13.4 m$15.4 m$18.8 m

Fonar Market Value History

Fonar Online Presence

Fonar Company Life

You may also be interested in