---
title: "Accuray Q4 GAAP net loss swings to USD 1.9 million; revenue drops 21% to USD 100.9 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296394832.md"
description: "Accuray reported a Q4 GAAP net loss of $1.9 million, reversing prior year income. Revenue fell 21% to $100.9 million due to a 42% drop in product sales, though service revenue rose 6%. Gross margin improved to 34.8%, and operating expenses decreased 15%. Gross product orders declined, resulting in a book-to-bill ratio of 0.9. Management highlighted over $20 million in expected fiscal 2026 cost improvements and secured TCW Asset Management financing to enhance liquidity through December 2027."
datetime: "2026-08-19T20:06:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296394832.md)
  - [en](https://longbridge.com/en/news/296394832.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296394832.md)
generator: "portal-rs"
---

# Accuray Q4 GAAP net loss swings to USD 1.9 million; revenue drops 21% to USD 100.9 million

-   Accuray posted a Q4 GAAP net loss of USD 1.9 million, swinging from GAAP net income of USD 1.1 million a year earlier. \* Revenue fell 21% year-over-year to USD 100.9 million, as product revenue dropped 42% to USD 40.8 million while service revenue rose 6% to USD 60.1 million. \* Gross margin improved 4.2 percentage points to 34.8%, while operating expenses declined 15% to USD 29.6 million including USD 747,000 of restructuring charges. \* Gross product orders slid to USD 37.7 million from a year earlier, taking the book-to-bill ratio to 0.9; backlog ended at USD 312.5 million. \* Management highlighted more than USD 20 million of fiscal 2026 cost and margin improvement, alongside a TCW Asset Management financing to bolster liquidity and ease covenants through December 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Accuray Incorporated published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608191605PR\_NEWS\_USPR\_\_\_\_\_SF29632) on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**