Accuray FY26 Q3 net loss widens to $11.8 million; revenue falls 7% to $104.8 million

• Accuray posted a fiscal 2026 third-quarter net loss of $11.8 million, or $0.09 per share, versus a net loss of $1.3 million, or $0.01 per share, a year earlier.
• Revenue fell 7% to $104.8 million, with product revenue down 13% to $49.7 million while service revenue slipped 1% to $55.1 million.
• Gross margin narrowed 3.8 percentage points to 24.1%, primarily due to higher net parts consumption of $3.2 million and higher-than-average logistics and duties costs.
• Gross product orders dropped to $48.5 million from $71.2 million, leaving backlog at $356.2 million, down about 21% from a year earlier.
• Management withdrew fiscal 2026 guidance due to geopolitical uncertainty in the Middle East that is delaying installations, while the transformation plan delivered about $10 million of cost and margin improvements through the quarter and commercial leadership was bolstered with Paul Miele named chief commercial officer.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Accuray Incorporated published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605061605PR_NEWS_USPR_____SF52848) on May 06, 2026, and is solely responsible for the information contained therein.