---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-266940"
form_type: "8-K"
ticker: "ARAY"
cik: "0001138723"
company_name: "ACCURAY INC"
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:11:08.085385+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Accuray Q1 revenue down 7%, net loss widens to $21.7M; CEO replaced, restructuring initiated

## Summary
- Revenue $93.9M (-7% YoY); product revenue $37.2M (-23%); service revenue $56.8M (+7%).
- Net loss $21.7M ($0.18/sh) vs loss $4.0M ($0.04) prior year; Adj. EBITDA loss $4.1M.
- Appointed Steve La Neve as CEO, succeeding Suzanne Winter retiring; Steven F. Mayer as Transformation Board Sponsor.
- Restructuring charges of $2.8M ($1.5M severance, $1.3M consulting) recorded in Q1.
- FY2026 guidance reaffirmed: revenue $471M-$485M, Adj. EBITDA $31M-$35M.

## SEC filing metadata
- accession: 0001193125-25-266940
- form_type: 8-K
- ticker: ARAY
- cik: 0001138723
- company_name: ACCURAY INC
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1138723/000119312525266940/0001193125-25-266940-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1138723/000119312525266940/aray-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-266940
- JSON: https://secwatch.observer/filing/0001193125-25-266940.json
- Plain text: https://secwatch.observer/filing/0001193125-25-266940.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.