Get started

Financials · ARAY

Accuray Incorporated (ARAY) financials

For the twelve months ended Sep 30, 2026, Accuray Incorporated reported $394.53M of revenue and -$17.38M of net income.

Revenue, TTM
$394.53M
Revenue growth, YoY
-12.5%
Net income, TTM
-$17.38M
Net margin
-4.4%
Free cash flow, TTM
-$27.05M
Cash
$42.25M
Total debt
$101.67M
P/S
1.16
Market cap
$456.7M
Annual revenue$401.95M
FY2017FY2026
Annual net income-$49.19M
FY2017FY2026
Annual free cash flow-$12.84M
FY2017FY2026

ARAY revenue and earnings growth

ARAY revenueQ1 2027$86.52M

Quarter YoY
-7.9%
QoQ
-14.3%
FY YoY
-12.3%
5Y CAGR
+0.3%
10Y CAGR
+0.1%

ARAY revenue was $86.52M in fiscal Q1 2027 (ended Sep 30, 2026), down 7.9% from a year earlier and down 14.3% from the prior quarter. For the full fiscal 2026 it was $401.95M, down 12.3% from fiscal 2025. Compound annual growth was +0.3% over 5 years and +0.1% over 10 years. It rose in 6 of the last 10 fiscal years.

ARAY net incomeQ1 2027$10.13M

ARAY net income was $10.13M in fiscal Q1 2027 (ended Sep 30, 2026), compared with -$21.68M a year earlier. For the full fiscal 2026 it was -$49.19M, compared with -$1.59M in fiscal 2025.

ARAY EPSQ1 2027$0.07

ARAY diluted EPS was $0.07 in fiscal Q1 2027 (ended Sep 30, 2026), compared with -$0.18 a year earlier. For the full fiscal 2025 it was -$0.02, compared with -$0.16 in fiscal 2024.

ARAY free cash flowQ1 2027-$3.94M

ARAY free cash flow was -$3.94M in fiscal Q1 2027 (ended Sep 30, 2026), compared with $10.28M a year earlier. For the full fiscal 2026 it was -$12.84M, compared with -$1.41M in fiscal 2025.

Export CSV

Income statement

Income statement
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Revenue$401.95M$458.50M$446.55M$447.61M$429.91M$396.29M$382.93M$418.79M$404.90M$383.41M
Cost of revenue$290.49M$311.54M$303.63M$293.64M$269.95M$236.78M$233.21M$256.13M$243.20M$242.07M
Gross profit$111.45M$146.97M$142.92M$153.96M$159.96M$159.51M$149.72M$162.65M$161.69M$141.34M
Research and development$37.75M$47.94M$49.73M$57.13M$57.75M$52.73M$49.78M$56.49M$57.25M$49.92M
Selling, general and admin$45.40M$47.87M$50.07M$48.27M$44.39M$41.72M$40.14M$49.58M$48.14M$43.77M
Operating income-$26.44M$7.84M$504.0K$2.38M$8.15M$22.23M$12.54M$583.0K-$3.80M-$9.82M
Interest expense$32.91M$12.95M$11.62M$10.63M$8.13M$16.89M$18.08M$15.08M$14.96M-
Pre-tax income-$47.25M$1.13M-$11.82M-$6.79M-$2.00M-$4.56M$5.69M-$14.34M-$23.02M-$28.54M
Income tax$1.95M$2.73M$3.73M$2.49M$3.35M$1.75M$1.86M$2.09M$878.0K$1.04M
Net income-$49.19M-$1.59M-$15.54M-$9.28M-$5.35M-$6.31M$3.83M-$16.43M-$23.90M-$29.58M
EPS, basic-$0.40-$0.02-$0.16-$0.10-$0.06-$0.07$0.04-$0.19-$0.28-$0.36
EPS, diluted--$0.02-$0.16-$0.10-$0.06-$0.07$0.04-$0.19-$0.28-$0.36
Diluted shares-102.8M98.3M94.9M92.1M92.0M90.6M87.5M84.9M82.5M

Balance sheet

Balance sheet
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Cash and equivalents$40.62M$57.42M$68.57M$91.20M$90.15M$118.20M$109.91M$88.18M$93.53M$85.23M
Short-term investments---------$23.91M
Receivables$67.41M$83.19M$92.00M$74.78M$94.44M$85.36M$90.60M$111.89M$65.99M$72.79M
Inventory$147.07M$141.02M$138.32M$145.15M$142.25M$125.93M$134.37M$120.82M$108.54M$105.05M
Current assets$287.78M$317.46M$323.24M$338.03M$350.89M$352.77M$357.49M$344.07M$284.16M$309.00M
Goodwill$57.91M$57.80M$57.67M$57.68M$57.84M$57.96M$57.72M$57.72M$57.85M$57.81M
Total assets$443.68M$470.24M$468.63M$479.21M$472.85M$480.10M$490.93M$438.18M$378.73M$406.46M
Current liabilities$191.41M$192.58M$195.27M$198.64M$208.86M$192.36M$182.27M$192.18M$169.43M$284.49M
Short-term debt$1.50M$12.73M$7.76M$5.72M$8.56M$3.79M---$113.02M
Long-term debt$146.37M$123.79M$164.40M$171.56M$171.91M$170.01M$189.31M$159.84M$131.08M$51.55M
Total debt$147.87M$136.52M$172.16M$177.28M$180.47M$173.80M$189.31M$159.84M$131.08M$164.57M
Total liabilities$401.98M$389.07M$423.54M$425.56M$419.66M$411.26M$427.29M$388.31M$330.10M$359.93M
Shareholders' equity$41.70M$81.17M$45.08M$53.66M$53.19M$68.84M$63.63M$49.87M$48.63M$46.53M

Cash flow

Cash flow
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Operating cash flow-$6.98M$2.86M-$11.90M$15.54M-$2.40M$38.51M-$1.47M-$29.64M$18.33M-$380.0K
Capital expenditures$5.86M$4.27M$3.60M$12.61M$4.72M$2.32M$3.56M$4.31M$6.28M$5.03M
Free cash flow-$12.84M-$1.41M-$15.51M$2.92M-$7.12M$36.19M-$5.03M-$33.95M$12.05M-$5.41M
Investing cash flow-$12.28M-$8.52M-$3.60M-$12.68M-$4.72M-$2.40M-$3.73M-$4.31M$17.77M$17.82M
Financing cash flow$6.98M-$4.25M-$3.95M-$2.11M-$15.37M-$28.80M$26.70M$28.47M-$27.45M-$54.54M
Share repurchases---$0$0$14.08M$0---
Stock-based compensation$6.46M$10.20M$9.48M$10.05M$10.60M$9.33M$8.15M$10.60M$12.29M$13.63M
Depreciation and amortization$7.94M$6.15M$5.91M$4.53M$5.51M$6.39M$7.54M$10.49M$9.73M$18.04M

Key ratios

Key ratios
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Revenue growth, YoY-12.3%2.7%-0.2%4.1%8.5%3.5%-8.6%3.4%5.6%-3.9%
Gross margin27.7%32.1%32.0%34.4%37.2%40.3%39.1%38.8%39.9%36.9%
Operating margin-6.6%1.7%0.1%0.5%1.9%5.6%3.3%0.1%-0.9%-2.6%
Net margin-12.2%-0.3%-3.5%-2.1%-1.2%-1.6%1.0%-3.9%-5.9%-7.7%
Free cash flow margin-3.2%-0.3%-3.5%0.7%-1.7%9.1%-1.3%-8.1%3.0%-1.4%
Return on equity-118.0%-2.0%-34.5%-17.3%-10.1%-9.2%6.0%-32.9%-49.1%-63.6%
Return on assets-11.1%-0.3%-3.3%-1.9%-1.1%-1.3%0.8%-3.7%-6.3%-7.3%
Current ratio1.501.651.661.701.681.831.961.791.681.09
Debt to equity3.551.683.823.303.392.522.973.212.703.54

Source: XBRL data Accuray Incorporated files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ARAY peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ARAY$394.53M-12.5%-$17.38M-4.4%$456.7M
SYK$26.30B+7.9%$3.62B13.8%$124.00B
MMM$25.25B+1.7%$3.54B14.0%$97.47B
BSX$21.07B+8.9%$3.50B16.6%$63.81B
BDX$23.25B+17.4%$941.00M4.0%$58.63B
MDLN$30.68B-$683.00M2.2%$53.55B
RMD$5.73B+9.0%$1.59B27.8%$33.16B
DXCM$5.10B+13.0%$991.00M19.4%$30.24B
WST$3.40B+12.6%$638.90M18.8%$28.78B

ARAY FAQ

8 questions
  • What is ARAY revenue?
    Accuray Incorporated (ARAY) reported $394.53M of revenue for the twelve months ended Sep 30, 2026. That is down 12.5% from the year before. Revenue for fiscal 2026 was $401.95M.
  • Is ARAY profitable?
    No. Accuray Incorporated reported a net loss of $17.38M for the twelve months ended Sep 30, 2026.
  • How much cash and debt does ARAY have?
    Accuray Incorporated reported $42.25M in cash and cash equivalents and $101.67M of debt on its most recent balance sheet in SEC filings.
  • How fast is ARAY revenue growing?
    Accuray Incorporated's revenue changed -12.3% in fiscal 2026, to $401.95M. Its compound annual growth rate was +0.3% over 5 years and +0.1% over 10 years.
  • What is ARAY gross margin?
    Accuray Incorporated's gross profit was $110.53M on $394.53M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 28.0%.
  • What is ARAY free cash flow?
    Accuray Incorporated generated -$27.05M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$22.97M less capital expenditures.
  • When did ARAY last report financial results?
    The latest statements here come from Accuray Incorporated's 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.
  • Where does this ARAY financial data come from?
    Quantisnow builds these statements from the structured XBRL data Accuray Incorporated files with the SEC. It is provided for information only and is not investment advice.