Revenue: As of FY2026, the actual value is USD 401.95 M, missing the estimate of USD 406.3 M.

EPS: As of FY2026, the actual value is USD -0.4.

EBIT: As of FY2026, the actual value is USD -14.34 M.

The provided Form 8-K indicates that financial results were announced via a press release and earnings call presentation, however, the actual financial and operational metrics are contained within a separate reference .

Fiscal Fourth Quarter Results (Three Months Ended June 30, 2026 vs 2025)

Accuray Incorporated reported total net revenue of $100.9 million for the fourth quarter of fiscal 2026, a decrease of 21% compared to $127.5 million in the prior fiscal year’s fourth quarter. Product revenue was $40.8 million, a decrease of 42% from $70.7 million in the prior fiscal year’s fourth quarter. Service revenue totaled $60.1 million, an increase of 6% from $56.8 million in the prior fiscal year’s fourth quarter. Total gross profit for the fourth quarter of fiscal 2026 was $35.1 million, representing 34.8% of net revenue, compared to $39.0 million, or 30.6% of net revenue, in the prior fiscal year’s fourth quarter. Operating expenses decreased by 15% to $29.6 million from $34.7 million in the prior fiscal year’s fourth quarter, including $0.7 million in restructuring charges. Excluding restructuring charges, operating expenses would have decreased by $5.9 million, or 17%. Accuray Incorporated reported a net loss of -$1.9 million for the fourth quarter of fiscal 2026, compared to a net income of $1.1 million in the prior fiscal year’s fourth quarter. Adjusted EBITDA was $12.9 million, an increase from $9.4 million in the prior fiscal year’s fourth quarter. Gross product orders were $37.7 million, compared to $84.7 million in the prior fiscal year’s fourth quarter. The book to bill ratio was 0.9, compared to 1.2 in the prior fiscal year’s fourth quarter. The order backlog as of June 30, 2026, was $312.5 million, approximately 27% lower than the end of the prior fiscal year’s fourth quarter. Total cash, cash equivalents, and short-term restricted cash were $41.2 million as of June 30, 2026, an increase of $2.7 million from March 31, 2026.

Fiscal Year 2026 Highlights (Twelve Months Ended June 30, 2026 vs 2025)

Total net revenue for fiscal year 2026 was $401.9 million, a decrease of 12% from $458.5 million in the prior fiscal year. Product revenue totaled $172.7 million, a decrease of 27% from $237.6 million in the prior fiscal year. Service revenue totaled $229.2 million, an increase of 4% from $220.9 million in the prior fiscal year. Total gross profit for fiscal year 2026 was $111.5 million, representing 27.7% of net revenue, compared to $147.0 million, or 32.1% of net revenue, in the prior fiscal year. Operating expenses for fiscal year 2026 were $137.9 million, a decrease of 1% from $139.1 million in the prior fiscal year, including $16.2 million in restructuring charges. Excluding restructuring charges, operating expenses would have decreased by $17.4 million, or 13%. GAAP net loss for fiscal year 2026 was -$49.2 million, compared to a net loss of -$1.6 million in the prior fiscal year. Adjusted EBITDA was $10.6 million, compared to $28.3 million in the prior fiscal year. Gross product orders were $191.9 million, compared to $288.0 million for the prior fiscal year. The book to bill ratio was 1.1, compared to 1.2 in the prior fiscal year.

Operational Metrics

Accuray Incorporated’s transformation plan delivered over $20 million in cost and margin improvement during fiscal 2026, exceeding its original target of $12 million. The company announced a comprehensive financing transaction that strengthens liquidity, reduces leverage, and provides covenant relief through December 2027. Accuray Incorporated is also expanding its strategic partnership ecosystem and reported strong customer engagement at ESTRO 2026.

Fiscal Year 2027 Financial Guidance

Accuray Incorporated anticipates continued growth in service revenue, improved service margins through pricing optimization and operational efficiencies, and ongoing operating expense discipline for fiscal year 2027. Strategic partnerships are expected to further expand capabilities. However, due to ongoing geopolitical uncertainty, international trade policy, tariff impacts, and macroeconomic factors, Accuray Incorporated is not providing formal revenue or Adjusted EBITDA guidance for fiscal year 2027 at this time.