---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-028532"
form_type: "8-K"
ticker: "ARAY"
cik: "0001138723"
company_name: "ACCURAY INC"
filed_at: "2026-08-19T20:04:50+00:00"
generated_at: "2026-08-19T20:06:21.765949+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Accuray Q4 revenue down 21% YoY; FY26 net loss $49.2M; TCW financing closes

## Summary
- Q4 revenue $100.9M (-21% YoY); product revenue $40.8M (-42%), service revenue $60.1M (+6%).
- Q4 net loss $1.9M ($0.02/share) vs prior-year income $1.1M; adjusted EBITDA $12.9M vs $9.4M.
- FY26 net loss $49.2M ($0.40/share) vs $1.6M loss; revenue $401.9M (-12%); adjusted EBITDA $10.6M vs $28.3M.
- Transformation plan delivered >$20M cost/margin improvement in FY26, exceeding $12M target; TCW financing strengthens liquidity, reduces leverage.
- No FY27 revenue or EBITDA guidance given due to geopolitical, tariff, and China/Middle East uncertainty; service growth expected.

## SEC filing metadata
- accession: 0001437749-26-028532
- form_type: 8-K
- ticker: ARAY
- cik: 0001138723
- company_name: ACCURAY INC
- filed_at: 2026-08-19T20:04:50+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/1138723/000143774926028532/0001437749-26-028532-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1138723/000143774926028532/aray20260508_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-028532
- JSON: https://secwatch.observer/filing/0001437749-26-028532.json
- Plain text: https://secwatch.observer/filing/0001437749-26-028532.txt

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