Accuray

Q4 FY2026 EarningsFY2026 annual results missed consensus on the top and bottom lines, reporting revenue of $401.9M vs. $406.3M expected, and GAAP EPS of -$0.40 vs. -$0.35 expected. While gross margin of 27.7% beat the 24.4% consensus due to favorable product mix, EBIT loss of -$26.4M was wider than the -$24.6M forecast. A 45% YoY decline in China revenue and $16.2M in restructuring charges were the primary detractors. Subsequent to year-end, a highly dilutive $55M financing package was announced to address a liquidity crunch and Nasdaq delisting risks.