Accuray Incorporated (ARAY) Income Statement
ARAY FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsARAY revenue and net income
Where ARAY's revenue goes
FY2026Each bar shows an amount and its share of revenue. ARAY kept −12.2% of revenue as net income.
ARAY profit margins
ARAY growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −12.3% | −3.5% | +0.3% | +0.1% |
| Gross profit | −24.2% | −10.2% | −6.9% | −3.5% |
| Operating income | −437.3% | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ARAY quarterly EPS vs estimates
Accuray beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 4, 2026 (estimate $-0.07).
ARAY income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $401.9M | $458.5M | $446.6M | $447.6M | $429.9M | $396.3M | $382.9M | $418.8M | $404.9M | $383.4M |
| Cost of revenue | $290.5M | $311.5M | $303.6M | $293.6M | $270.0M | $236.8M | $233.2M | $256.1M | $243.2M | $242.1M |
| Gross profit | $111.5M | $147.0M | $142.9M | $154.0M | $160.0M | $159.5M | $149.7M | $162.7M | $161.7M | $141.3M |
| Research & development | $37.8M | $47.9M | $49.7M | $57.1M | $57.8M | $52.7M | $49.8M | $56.5M | $57.3M | $49.9M |
| Sales, general & admin | $84.0M | $91.2M | $92.7M | $94.4M | $94.1M | $84.5M | $87.4M | $105.6M | $108.2M | $101.2M |
| Total operating expenses | $137.9M | $139.1M | $142.4M | $151.6M | $151.8M | $137.3M | $137.2M | $162.1M | $165.5M | $151.2M |
| Operating income | −$26.4M | $7.8M | $504,000 | $2.4M | $8.1M | $22.2M | $12.5M | −$9.9M | −$3.8M | −$9.8M |
| Interest income | $819,000 | $1.2M | $1.2M | — | — | — | — | $15.7M | $15.9M | $18.6M |
| Interest expense | $35.3M | $13.0M | $11.6M | $10.6M | $8.1M | $16.9M | $18.1M | $15.1M | $15.0M | $17.3M |
| Income before taxes | −$47.2M | $1.1M | −$11.8M | −$6.8M | −$2.0M | −$4.6M | $5.7M | −$14.3M | −$23.0M | −$28.5M |
| Income taxes | $1.9M | $2.7M | $3.7M | $2.5M | $3.3M | $1.8M | $1.9M | $2.1M | $878,000 | $1.0M |
| Net income | −$49.2M | −$1.6M | −$15.5M | −$9.3M | −$5.3M | −$6.3M | $3.8M | −$16.4M | −$23.9M | −$29.6M |
| EBITDA | −$6.4M | $20.2M | $5.7M | $6.9M | $11.6M | $18.7M | $31.3M | $11.1M | $5.9M | $8.2M |
| EPS (diluted) | −$0.38 | −$0.02 | −$0.16 | −$0.09 | −$0.05 | $0.04 | −$0.12 | −$0.19 | −$0.24 | −$0.33 |
| Gross margin | 27.7% | 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% | −2.4% | −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% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $100.9M | $104.8M | $102.2M | $93.9M | $127.5M | $113.2M | $116.2M | $101.5M | $134.3M | $101.1M | $107.2M | $103.9M |
| Cost of revenue | $65.4M | $79.6M | $78.2M | $67.4M | $88.6M | $81.6M | $74.3M | $67.1M | $95.8M | $72.1M | $71.3M | $64.4M |
| Gross profit | $35.5M | $25.3M | $24.1M | $26.5M | $39.0M | $31.6M | $41.9M | $34.5M | $38.5M | $29.1M | $35.9M | $39.5M |
| Research & development | $7.6M | $8.2M | $10.7M | $11.4M | $11.5M | $10.7M | $13.6M | $12.1M | $9.5M | $10.9M | $15.3M | $14.0M |
| Sales, general & admin | $18.9M | $19.7M | $18.9M | $26.5M | $23.3M | $19.9M | $23.5M | $24.5M | $22.1M | $22.7M | $24.6M | $23.3M |
| Total operating expenses | $42.6M | $27.8M | $29.6M | $37.9M | $34.7M | $30.6M | $37.2M | $36.6M | $31.6M | $33.6M | $39.9M | $37.3M |
| Operating income | −$7.1M | −$2.5M | −$5.5M | −$11.3M | $4.2M | $1.0M | $4.7M | −$2.1M | $6.8M | −$4.6M | −$4.0M | $2.2M |
| Interest income | $120,000 | $181,000 | $246,000 | $272,000 | $289,000 | $322,000 | $278,000 | $303,000 | — | $303,000 | $267,000 | — |
| Interest expense | $11.1M | $8.4M | $7.7M | $8.1M | $4.2M | $14.6M | $2.9M | $3.0M | $2.9M | $2.9M | $2.9M | $2.9M |
| Income before taxes | −$1.5M | −$11.3M | −$13.2M | −$21.2M | $2.1M | −$840,000 | $3.2M | −$3.3M | $3.9M | −$5.9M | −$8.7M | −$1.0M |
| Income taxes | $434,000 | $468,000 | $573,000 | $471,000 | $948,000 | $457,000 | $695,000 | $625,000 | $471,000 | $444,000 | $878,000 | $1.9M |
| Net income | −$1.9M | −$11.8M | −$13.8M | −$21.7M | $1.1M | −$1.3M | $2.5M | −$4.0M | $3.4M | −$6.3M | −$9.6M | −$3.0M |
| EBITDA | $9.2M | −$813,000 | −$3.3M | −$11.5M | $7.9M | $3.6M | $7.6M | $1.1M | $8.3M | −$1.4M | −$4.3M | $3.1M |
| EPS (diluted) | −$0.02 | −$0.07 | −$0.11 | −$0.18 | $0.01 | −$0.01 | $0.02 | −$0.04 | $0.03 | −$0.06 | −$0.10 | −$0.03 |
| Gross margin | 35.2% | 24.1% | 23.5% | 28.3% | 30.6% | 27.9% | 36.1% | 33.9% | 28.6% | 28.7% | 33.5% | 38.0% |
| Operating margin | −7.0% | −2.4% | −5.4% | −12.0% | 3.3% | 0.9% | 4.1% | −2.1% | 5.1% | −4.5% | −3.7% | 2.1% |
| Net margin | −1.9% | −11.3% | −13.5% | −23.1% | 0.9% | −1.1% | 2.2% | −3.9% | 2.5% | −6.3% | −9.0% | −2.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ARAY's financial statements (latest annual report filed August 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ARAY financial results
In fiscal year 2026 (ended June 30, 2026), Accuray reported revenue of $401.9 million, down 12.3% from the year before. It had a net loss of $49.2 million, a net profit margin of −12.2%. Diluted earnings per share came to −$0.38. Over five years revenue grew at an average rate of 0.3% a year.
See the ARAY stock overview for the latest quote and news, or the ARAY chart for price history and technical indicators.
ARAY income statement FAQ
What is Accuray's annual revenue?
Accuray reported total revenue of $401.9 million for fiscal year 2026, which ended on June 30, 2026. That was down 12.3% from $458.5 million the previous year.
Is Accuray profitable?
No. Accuray reported a net loss of $49.2 million in fiscal 2026, a net profit margin of −12.2%; its operating margin was −6.6%.
What is Accuray's gross margin?
Accuray's gross margin was 27.7% in fiscal 2026: for every $100 of revenue, Accuray kept $28 after the direct cost of its products and services.
How much does Accuray spend on research and development?
Accuray spent $37.8 million on research and development in fiscal 2026, 9.4% of revenue.
How fast is Accuray growing?
Revenue grew 0.3% a year on average over the last five fiscal years, from $396.3 million to $401.9 million.
What are Accuray's earnings per share?
Accuray earned $-0.38 per diluted share in fiscal 2026, compared with $-0.02 a year earlier.
When will Accuray report its next earnings?
Accuray is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Accuray's fiscal year end?
Accuray's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on August 27, 2026.