The earnings call presented a mixed outlook for Accuray. The company highlighted strong interest and growth in their service segment and new product launches, but faced significant challenges with declining revenue, lower product sales, and increased operating losses. The company's transformation efforts and strategic partnerships show potential for future growth, but current financial metrics indicate concerns.

Company Guidance

During the Accuray First Quarter Fiscal 2026 Financial Results Conference Call, the company maintained its fiscal year guidance, projecting revenues between $471 million to $485 million and an adjusted EBITDA range of $31 million to $35 million, despite a 7% decrease in net revenue compared to the prior year. The company aims to achieve a high single-digit adjusted EBITDA margin as a percentage of revenue within 12 months, with expectations to expand this to double digits in the medium to long term. Product revenue for the first quarter was recorded at $37 million, a 23% year-over-year decrease, while service revenue increased by 7% to $57 million. The gross margin declined to 28.3% from the previous year's 33.9%, primarily due to product gross margin challenges. Accuray's order backlog stands at approximately $396 million, representing over 18 months of product revenue. The call highlighted the company's continued focus on its transformation plan, strategic priorities, and market opportunities, with expectations for better performance in the second half of the fiscal year.

Launch of Stellar Product

In September, Accuray launched the Stellar product at ASTRO, representing a commitment to adaptive radiotherapy and precision care, receiving positive reception and strong interest from existing and new customers.

Memorandum of Understanding with University of Wisconsin

Accuray signed a memorandum of understanding with the University of Wisconsin School of Medicine and Public Health to advance online adaptive radiotherapy, focusing on clinical research, education, and adaptive technology development.

First Patients Treated with CyberKnife in Australia

First patients were treated in Melbourne, Australia using the CyberKnife system, improving access to radiation therapy and reducing the need for long-distance travel.

Service Revenue Growth

Service revenue for the quarter was $57 million, up 7% from the prior year, driven by contract revenue growth of 10% year-over-year.

Accuray (ARAY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ARAY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 04, 2026	2026 (Q2)	-0.11 / -	0.02	―	―	―
Nov 05, 2025	2026 (Q1)	-0.05 / -0.18	-0.04	-350.00% (-0.14)
Aug 13, 2025	2025 (Q4)	0.01 / 0.01	0.03	-66.67% (-0.02)
Apr 30, 2025	2025 (Q3)	-0.05 / -0.01	-0.06	83.33% (+0.05)
Feb 05, 2025	2025 (Q2)	-0.03 / 0.02	-0.1	120.00% (+0.12)
Nov 06, 2024	2025 (Q1)	-0.05 / -0.04	-0.03	-33.33% (-0.01)
Aug 14, 2024	2024 (Q4)	0.03 / 0.03	-0.03	200.00% (+0.06)
May 01, 2024	2024 (Q3)	-0.02 / -0.06	0.01	-700.00% (-0.07)
Jan 31, 2024	2024 (Q2)	-0.04 / -0.10	-0.02	-400.00% (-0.08)
Nov 07, 2023	2024 (Q1)	-0.05 / -0.03	-0.06	50.00% (+0.03)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ARAY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 05, 2025	$1.45	$1.22	-15.86%
Aug 13, 2025	$1.49	$1.46	-2.01%
Apr 30, 2025	$1.55	$1.35	-12.90%
Feb 05, 2025	$2.49	$2.69	+8.03%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Accuray Incorporated (ARAY) report earnings?

Accuray Incorporated (ARAY) is schdueled to report earning on Feb 04, 2026, After Close (Confirmed).

What is Accuray Incorporated (ARAY) earnings time?

Accuray Incorporated (ARAY) earnings time is at Feb 04, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ARAY EPS forecast?

ARAY EPS forecast for the fiscal quarter 2026 (Q2) is -0.11.

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