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Accuray (ARAY) Q4 FY26 earnings results (fourth quarter fiscal 2026)

10-K filed Aug 27, 2026

Accuray (ARAY) reported revenue of $101M for the fourth quarter fiscal 2026 (Q4 FY26), -21% from a year earlier and -4% from the quarter before. Operating margin was 5.5%, net loss $1.9M (1.9% of revenue).

Revenue$101M
Year over year-21%
Quarter over quarter-4%
Operating margin5.5%
Net earnings−$1.9M

Accuray, Q4 FY26: revenue $101M (-21% year over year), operating margin 5.5%, net loss $1.9M, operating cash flow $2.4M. The chart follows the revenue to costs, profit and cash.

Q4 FY26AmountQ/QY/Y
Revenue$101M-4%-21%
Operating profit$5.5M—+30%
Net earnings−$1.9M—-273%
Operating cash flow$2.4M——
Free cash flow$2.0M——

What changed

Revenue was $100.9M in Q4 FY26, down 21% year over year and down 4% from the previous quarter. Service was the largest line at 60% of revenue.

Gross margin was 34.8%, up 4.2 points from Q4 FY25. Operating profit was $5.5M, a 5.5% margin (up 2.2 points year over year). Operating expenses fell 15% while revenue fell 21%. The quarter ended with a net loss of $1.9M, narrower than the previous quarter's $11.8M loss. Net interest and other expense of $7.0M was the main reason.

Operating cash flow was $2.4M. Non-cash charges added back $2.0M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $663K. Capital expenditures of $461K left free cash flow of $2.0M.

Questions

What was Accuray's revenue in the fourth quarter fiscal 2026?

Accuray (ARAY) reported revenue of $101M for the fourth quarter fiscal 2026 (Q4 FY26), -21% from a year earlier and -4% from the quarter before.

Was Accuray profitable in the fourth quarter fiscal 2026?

Operating profit was $5.5M (5.5% of revenue) and net loss $1.9M.

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Source: Accuray 10-K on SEC EDGAR.