Accuray Incorporated

Accuray Incorporated

ARAY
Accuray IncorporatedUS flagNASDAQ Global Select
0.37
USD
-0.03
- -
43.97MMarket Cap
Accuray Incorporated
ARAY
(NASDAQ Global Select)

Recent

price

0.37

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3.85
3.7
5.77
4.31
4.87
4.85
4.95
4.65
4.77
4.79
4.26
4.31
4.67
4.72
4.54
4.46
3.64
Revenue per Share
0.05
-0.44
-1.02
-1.41
-0.47
-0.51
-0.32
-0.36
-0.28
-0.19
0.04
-0.07
-0.06
-0.1
-0.16
-0.02
-0.39
Basic EPS, GAAP
-0.18
0.14
-0.69
-1.11
-0.15
-0.32
0.28
-0.07
0.14
-0.39
-0.06
0.39
-0.08
0.03
-0.16
-0.01
-0.22
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-2.04
-2.4
-3.05
-4.36
-4.68
-5.05
-5.23
-5.46
-5.59
-5.55
-5.36
-5.3
-5.35
-5.29
-5.27
-5.05
-4.81
Book Value per Share
2.87
1.99
1.34
0.21
0.22
0.03
-0.07
-0.15
-0.12
-0.1
0.06
0.11
-0.05
-0.04
-0.13
0.23
-0.14
Tangible Book Value per Share
58
60
71
73
76
78
81
82
85
87
90
92
92
95
98
103
118
Basic Weighted Avg Shares
222
222
409
316
369
380
399
383
405
419
383
396
430
448
447
459
429
Sales/Revenue/Turnover
1.28
-12.52
-13.74
-25.53
-4.91
-5.05
-1.22
-2.56
-0.94
0.14
3.27
5.61
1.9
0.53
0.11
1.71
-3.53
Operating Margin (%)
7
8
33
26
21
19
18
18
10
10
8
6
6
5
6
6
8
Depreciation Expense
3
-27
-72
-103
-35
-40
-26
-30
-24
-16
4
-6
-5
-9
-16
-2
-46
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
32.74
- -
- -
- -
- -
240.3
45.77
Effective Tax Rate (%)
1.28
-12
-17.6
-32.67
-9.6
-10.59
-6.4
-7.71
-5.9
-3.92
1
-1.59
-1.24
-2.07
-3.48
-0.35
-10.76
Profit Margin (%)
152
83
142
180
180
184
151
25
115
152
175
160
142
139
128
125
87
Working Capital
- -
- -
79
199
196
200
171
52
131
160
213
187
182
195
197
156
163
LT Debt
170
240
204
107
99
76
60
47
49
50
64
69
53
54
45
81
42
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.42
- -
- -
- -
- -
-4.15
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-5.46
- -
- -
- -
- -
6.09
-3.49
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
20
19
19
LT Borrowings
127
125
134
LT Finance Leases
31
30
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
113
119
119
Market Capitalization
179
93
46

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
304
292
293
Cash, Cash Equivalents & STI
63
41
38
Accounts Receivable, Net
54
61
65
Inventories
156
151
157
Total Current Liabilities
195
199
206
Payables & Accruals
59
64
69
ST Debt
20
19
19
Deferred Revenue
92
91
90

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.18%
10.08%
80.04%
Free Cash Flow
-288.51%
-357.92%
-90.89%
Net Income, GAAP
-42.32%
-45.78%
-89.77%
Sales/Revenue/Turnover
2.01%
3.71%
2.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
104
107
101
134
447
2025
102
116
113
128
459
2026
94
102
105
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
-0.1
-0.06
0.03
-0.16
2025
-0.04
0.03
-0.01
0.01
-0.02
2026
-0.18
-0.11
-0.09
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Accuray Incorporated designs, develops, manufactures, and sells advanced radiosurgery and radiation therapy systems for the treatment of tumors and certain neurological conditions. The company's core products include the CyberKnife System, a robotic stereotactic radiosurgery and stereotactic body radiation therapy platform used for treating primary and metastatic tumors outside the brain, including tumors near the spine and in organs such as the breast, kidney, liver, lung, pancreas, and prostate. Accuray also offers the TomoTherapy platform, including the Radixact System, which delivers stereotactic radiosurgery (SRS), stereotactic body radiation therapy (SBRT), intensity-modulated radiation therapy (IMRT), image-guided radiation therapy (IGRT), and adaptive radiation therapy (ART). The company's products aim to provide precise, personalized radiation treatments to improve clinical outcomes while expanding the curative potential of radiotherapy. Accuray operates globally with more than 1,000 installed systems across the Americas, Europe, the Middle East, India, Africa, Japan, China, and the Asia-Pacific region, with manufacturing facilities in the United States and China. Founded in 1990 and headquartered in Madison, Wisconsin, Accuray serves healthcare providers and hospitals worldwide. Recent major developments include Accuray's strategic partnership with Cognizant to support the deployment of the SAP S/4HANA enterprise resource planning system aimed at enhancing operational efficiencies through improved data analytics and process optimization across sales, procurement, manufacturing, distribution, installation, and service functions. The company has also expanded its global footprint with new installations and treatments, such as the first stereotactic body radiation therapy treatments using the CyberKnife system in Melbourne, Australia. Regulatory milestones include recent approvals from China's National Medical Products Administration for the Radixact SynC System and CyberKnife S7, supporting Accuray’s growth strategy to increase patient access to advanced radiotherapy technologies. Additionally, Accuray inaugurated an Innovation & Partnership Hub in Genolier, Switzerland, to foster collaborative cancer treatment innovations. Its latest product efforts focus on automating workflows and enhancing treatment planning tools to improve patient outcomes and deliver more personalized radiotherapy options. Financial performance highlights include a significant year-over-year product revenue increase driven primarily by strong demand in China and growth prospects in other regions such as the EIMEA, supported by ongoing product launches and regulatory approvals for systems like the Helix and Tomo platforms. Accuray operates primarily in the medical technology and radiation oncology industry segment, targeting cancer treatment centers and healthcare providers specializing in oncology. Its product portfolio and strategic collaborations emphasize precision and personalization in cancer care, aiming to improve the quality of life and treatment efficacy for cancer patients globally. The company continues to pursue technology integration and operational excellence to maintain its competitive position in the evolving oncology treatment landscape. This description captures Accuray’s comprehensive product offerings, recent strategic developments, global market presence, and operational initiatives as of late 2025.

Company News

APIChat
  • Accuray Incorporated Reports Inducement Award Under NASDAQ Listing Rules

  • Accuray and the University of Wisconsin-Madison Announce Master Research Agreement to Improve Personalized Care for Patients with Cancer

  • Accuray Incorporated (ARAY) Q3 2026 Earnings Call Transcript

  • Accuray Reports Fiscal 2026 Third Quarter Financial Results

  • Accuray to Report Third Quarter Fiscal 2026 Financial Results on May 6, 2026

  • Accuray (ARAY) to Release Quarterly Earnings on Wednesday

  • Accuray Appoints Paul Miele as Senior Vice President and Chief Commercial Officer

  • Short Interest in Accuray Incorporated (NASDAQ:ARAY) Expands By 20.6%

  • Accuray Q2 Earnings Call Highlights

  • Accuray Incorporated (ARAY) Q2 2026 Earnings Call Transcript

  • Accuray Reports Fiscal 2026 Second Quarter Financial Results

  • Acuitas Investments LLC Raises Stake in Accuray Incorporated $ARAY

  • Accuray to Report Second Quarter Fiscal 2026 Financial Results on February 4, 2026

  • Accuray (NASDAQ:ARAY) & Check-Cap (NASDAQ:CHEK) Critical Analysis

  • Radiation Therapy-Focused Accuray Details Workforce Reduction, Outsourcing In Major Transformation Push

  • Radiation Therapy-Focused Accuray Details Workforce Reduction, Outsourcing In Major Transformation Push

  • Accuray announces first phase of comprehensive strategic, operational, and organizational transformation plan; company expects first phase to improve annualized operating profitability by approximately $25 million and set the stage for renewed growth

  • Financial Review: Accuray (NASDAQ:ARAY) & Mesa Laboratories (NASDAQ:MLAB)

  • Accuray's Latest Transformation Attempt Could Be Too Little Too Late

  • Accuray Incorporated (ARAY) Q1 2026 Earnings Call Transcript