SequelSEC

ACCURAY INC ARAY

Surgical & Medical Instruments & Apparatus · CIK 0001138723 · Fiscal year ends 0630

Revenue
$401.95M
Fiscal year ended 2026-06-30
Operating income
-$26.44M
Fiscal year ended 2026-06-30
Free cash flow
-$12.84M
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$86.94MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-12-31
Float per share$0.73Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue0.2×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity2.1×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-12-31, not today, and each multiple below it uses the figures for the fiscal year ending 2026-06-30 — the year that filing covered.

How this compares in its industry

Percentile among the Surgical & Medical Instruments & Apparatus filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Long-term debt / equity3.51x96th
Gross margin27.7%11th
Revenue YoY growth-12.3%12th
SBC / revenue1.6%19th
Current ratio1.50x25th
CapEx / revenue1.5%32th
Operating margin-6.6%63th
R&D / revenue9.4%41th
Net margin-12.2%58th
FCF margin-3.2%57th

ACCURAY INC (ARAY) reported revenue of $401.95M and net income of -$49.19M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from ACCURAY INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Surgical & Medical Instruments & Apparatus.

Income

ACCURAY INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302025-06-302024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-30
Revenue$401.95M$458.50M$446.55M$447.60M$429.91M$396.29M$382.93M$418.78M$404.90M$383.41M
Cost of revenue$290.49M$311.54M$303.63M$293.64M$269.95M$236.78M$233.21M$256.13M$243.20M$242.07M
Gross profit$111.45M$146.97M$142.92M$153.96M$159.96M$159.51M$149.72M$162.65M$161.70M$141.34M
Operating income-$26.44M$7.84M$504.00K$2.38M$8.15M$22.24M$12.54M$583.00K-$3.80M-$9.82M
Net income-$49.19M-$1.59M-$15.54M-$9.28M-$5.35M-$6.31M$3.83M-$16.43M-$23.90M-$29.58M
Research & development$37.75M$47.94M$49.73M$57.13M$57.75M$52.73M$49.78M$56.49M$57.25M$49.92M
Weighted-average diluted sharesUnavailableshares 102.77Mshares 98.27Mshares 94.88Mshares 92.10Mshares 92.03Mshares 90.62Mshares 87.46Mshares 84.89MUnavailable
Pretax income-$47.25M$1.13M-$11.82M-$6.79M-$2.00M-$4.56M$5.69M-$14.34M-$23.02M-$28.54M
Income tax expense$1.95M$2.72M$3.72M$2.49M$3.34M$1.75M$1.86M$2.09M$878.00K$1.04M
Diluted EPSUnavailable$-0.02$-0.16$-0.10$-0.06$-0.07$0.04$-0.19$-0.28Unavailable
Selling, general & administrative$83.97M$91.19M$92.68M$94.45M$94.06M$84.54M$87.40M$105.58M$108.24M$101.24M
General & administrative$45.40M$47.87M$50.07M$48.27M$44.39M$41.72M$40.14M$49.58M$48.14M$43.77M
Selling & marketing$38.57M$43.32M$42.62M$46.18M$49.66M$42.82M$47.25M$56.00M$60.10M$57.48M

Balance

ACCURAY INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302025-06-302024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-30
Cash & equivalents$40.62M$57.42M$68.57M$89.40M$88.74M$116.37M$107.58M$76.80M$83.08M$72.08M
Total assets$443.68M$470.24M$468.63M$479.21M$472.85M$480.10M$490.93M$438.18M$378.73M$406.46M
Current assets$287.78M$317.46M$323.24M$338.03M$350.89M$352.77M$357.49M$344.08M$284.16M$309.00M
Total liabilities$401.98M$389.07M$423.54M$425.56M$419.66M$411.26M$427.29M$388.31M$330.10M$359.93M
Current liabilities$191.40M$192.58M$195.27M$198.64M$208.86M$192.36M$182.27M$192.18M$169.43M$284.49M
Total equity incl. NCI$41.70M$81.17M$45.08M$53.66M$53.19M$68.84M$63.64M$49.87M$48.63M$46.53M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$147.08M$141.02M$138.32M$145.15M$142.25M$125.93M$134.37M$120.82M$108.54M$105.05M
Accounts receivable$67.41M$83.19M$92.00M$74.78M$94.44M$85.36M$90.60M$111.88M$65.99M$72.79M
Goodwill$57.91M$57.80M$57.67M$57.68M$57.84M$57.96M$57.72M$57.72M$57.86M$57.81M
Long-term debt$146.37M$123.79M$164.40M$171.56M$171.91M$170.01M$189.31M$159.84M$131.08M$51.55M
Accounts payable$40.55M$34.03M$50.02M$33.74M$31.34M$19.47M$23.13M$29.56M$19.69M$17.49M

Cash flow

ACCURAY INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302025-06-302024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-30
Operating cash flow-$6.98M$2.86M-$11.90M$15.54M-$2.40M$38.51M-$1.47M-$29.64M$18.33M-$380.00K
Capital expenditures$5.86M$4.27M$3.60M$12.61M$4.72M$2.32M$3.56M$4.31M$6.28M$5.03M
Investing cash flow-$12.28M-$8.52M-$3.60M-$12.68M-$4.72M-$2.40M-$3.73M-$4.31M$17.77M$17.82M
Financing cash flow$6.98M-$4.25M-$3.95M-$2.11M-$15.37M-$28.80M$26.70M$28.47M-$27.45M-$54.54M
Net change in cash-$13.37M-$8.26M-$20.81M$1.05M-$28.05M$8.29M$21.73M-$5.36M$8.30M-$36.90M
Stock-based compensation$6.46M$10.20M$9.48M$10.05M$10.60M$9.33M$8.15M$10.60M$12.29M$13.63M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailable$0$0$14.08M$0UnavailableUnavailableUnavailable
Depreciation & amortization$7.94M$6.15M$5.90M$4.53M$5.51M$6.39M$7.54M$10.49M$9.73M$18.04M

Derived

ACCURAY INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302025-06-302024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-30
Free cash flow-$12.84M-$1.41M-$15.50M$2.92M-$7.12M$36.19M-$5.03M-$33.95M$12.06M-$5.41M
Gross margin27.7%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%0.1%-0.9%-2.6%
FCF margin-3.2%-0.3%-3.5%0.7%-1.7%9.1%-1.3%-8.1%3.0%-1.4%
SBC / revenue1.6%2.2%2.1%2.2%2.5%2.4%2.1%2.5%3.0%3.6%
Current ratio1.50x1.65x1.66x1.70x1.68x1.83x1.96x1.79x1.68x1.09x
Revenue YoY growth-12.3%2.7%-0.2%4.1%8.5%3.5%-8.6%3.4%5.6%Unavailable
Net margin-12.2%-0.3%-3.5%-2.1%-1.2%-1.6%1.0%-3.9%-5.9%-7.7%
R&D / revenue9.4%10.5%11.1%12.8%13.4%13.3%13.0%13.5%14.1%13.0%
CapEx / revenue1.5%0.9%0.8%2.8%1.1%0.6%0.9%1.0%1.6%1.3%
Long-term debt / equity3.51x1.53xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailable240.3%UnavailableUnavailableUnavailableUnavailable32.7%UnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ARAY in the interactive workspace to inspect any figure back to its filing.

Source filings

10-K · Filed 2026-08-27View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K/A · Filed 2026-02-17View SEC filing
10-Q/A · Filed 2026-02-17View SEC filing
10-Q · Filed 2026-02-17View SEC filing
10-Q · Filed 2025-11-05View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.