Accuray Reports Fiscal 2027 First Quarter Financial Results
PR Newswire•04/11/2026•16:05 ET
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Key Highlights
- ➤Total net revenue $86.5 million, down 8% year-over-year
- ➤Product revenue $27.3 million, down 26% year-over-year
- ➤Gross product orders $19.8 million versus $39.6 million year-over-year
- ➤Adjusted EBITDA $2.5 million, versus negative $4.1 million year-over-year
- ➤Stockholders approved $40 million term-loan debt exchange for convertible preferred equity
Expert Statements
Steve La Neve, President and Chief Executive Officer of Accuray
“As I said on our last call, fiscal 2026 was a year of transformation, and fiscal 2027 is about execution”
Steve La Neve, President and Chief Executive Officer of Accuray
“During the first quarter, we made progress across several areas. Service margins improved, operating expenses remained well controlled, we strengthened our financial position, and we advanced our innovation roadmap through strategic partnerships with RaySearch and Samsung NeuroLogica. By combining our strengths in precision treatment delivery and real-time motion management with enhanced imaging and adaptive capabilities, we believe we can further differentiate our platforms and deliver greater value for clinicians and patients.”
Steve La Neve, President and Chief Executive Officer of Accuray
“At the same time, we see a clear opportunity to improve product and order performance. The customer engagement we saw at ASTRO, the growing clinical evidence supporting precision radiation therapy, and the opportunities created by our innovation strategy reinforce our confidence in the direction we are taking. Our focus now is on turning that engagement into orders and revenue, and on pairing the operating discipline we have built with stronger commercial performance. We know what we need to execute, and our team is focused on delivering.”
Accuray Reports Fiscal 2027 First Quarter Financial Results PR Newswire
MADISON, Wis., Nov. 4, 2026 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today reported financial results for the first quarter ended September 30, 2026.
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