---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-002976"
form_type: "8-K"
ticker: "ARAY"
cik: "0001138723"
company_name: "ACCURAY INC"
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T04:49:06.859121+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Accuray Q2 net loss $0.11 per share; revenue down 12%; launches $25M transformation plan

## Summary
- Total net revenue $102.2M, down 12% YoY; product revenue fell 26% to $45.0M, service revenue up 4% to $57.2M.
- Net loss $13.8M ($0.11 diluted EPS) vs prior-year net income $2.5M ($0.02 EPS); adjusted EBITDA negative $1.9M.
- CEO Steve La Neve announced transformational plan targeting ~$25M annualized operating profit improvement, including ~15% global workforce reduction.
- Q2 restructuring charges $6.1M; ~$13M total restructuring charges expected for FY2026.
- Updated FY2026 guidance: revenue $440-450M, adjusted EBITDA $22-25M; backlog $383.3M down 17% YoY.

## SEC filing metadata
- accession: 0001437749-26-002976
- form_type: 8-K
- ticker: ARAY
- cik: 0001138723
- company_name: ACCURAY INC
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1138723/000143774926002976/0001437749-26-002976-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1138723/000143774926002976/aray20251117_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-002976
- JSON: https://secwatch.observer/filing/0001437749-26-002976.json
- Plain text: https://secwatch.observer/filing/0001437749-26-002976.txt

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