Filing Flows › Accuray (ARAY) › Q4 FY26 › vs Q3 FY26
Accuray (ARAY) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Accuray's revenue fell $3.9M (-4%) from $105M in Q3 FY26 to $101M in Q4 FY26. The biggest changes: Product −$8.9M (-18%); Service +$5.0M (+9%).
Accuray, Q4 FY26: revenue $101M (-21% year over year), operating margin 5.5%, net loss $1.9M, operating cash flow $2.4M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 1.9% | -5.8% | +7.7 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Service | $60.1M | $55.1M | $5.0M | +9% |
| Product | $40.8M | $49.7M | −$8.9M | -18% |
| Revenue | $101M | $105M | −$3.9M | -4% |
| Net loss | $1.9M | $11.8M | −$9.9M | -84% |
| Costs & expenses | $103M | $117M | −$13.8M | -12% |
| Operating costs | $95.4M | $114M | −$18.5M | -16% |
| Interest & other, net | $7.0M | $2.2M | $4.8M | +212% |
| Income tax | $434K | $468K | −$34K | -7% |
| Cost of revenue | $65.8M | $79.6M | −$13.7M | -17% |
| Research & development | $7.7M | $8.2M | −$471K | -6% |
| Sales & marketing | $9.6M | $8.4M | $1.1M | +14% |
| General & admin | $11.5M | $11.2M | $287K | +3% |
| Other operating costs | $747K | $6.5M | −$5.8M | -89% |
| Operating cash sources | $4.4M | $6.2M | −$1.8M | -30% |
| Depreciation & amortization | $2.0M | $2.1M | −$53K | -3% |
| Share-based compensation | $1.7M | $1.4M | $302K | +22% |
| Working capital & other | $663K | $2.7M | −$2.1M | -76% |
| Net loss absorbed | $1.9M | $11.8M | −$9.9M | -84% |
| Operating cash flow | $2.4M | −$5.6M | $8.0M | — |
| Free cash flow (OCF − capex) | $2.0M | −$6.1M | $8.0M | — |
| Capital expenditures | $461K | $471K | −$10K | -2% |
Questions
How much did Accuray's revenue grow quarter over quarter in Q4 FY26?
Accuray's revenue fell $3.9M (-4%) from $105M in Q3 FY26 to $101M in Q4 FY26.
What drove Accuray's revenue change in Q4 FY26?
Product −$8.9M (-18%); Service +$5.0M (+9%).