Event-Driven Stocks

ACCURAY INC

ARAYNasdaq

Healthcare · Surgical & Medical Instruments & Apparatus · DE · SEC filings ↗ · Compare ⊕

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Signs4 good2 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$458.5M$446.6M$447.6M$429.9M$102.6M$99.5M
Operating income$7.8M$504,000$2.4M$8.1M$22.2M$12.5M
Net income−$1.6M−$15.5M−$9.3M−$5.3M−$390,000$2.6M
Total assets$470.2M$468.6M$479.2M$472.8M$480.1M$490.9M
Total liabilities$389.1M$423.5M$425.6M$419.7M$411.3M$427.3M
Equity$81.2M$45.1M$53.7M$53.2M$68.8M$63.6M
EPS (diluted)$-0.02$-0.16$-0.10$-0.06$0.00$0.04
Shares out.112.7M100.3M96.6M93.5M90.8M91.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
1.7%
Net margin
−0.3%
Return on equity
−2.0%
Return on assets
−0.3%
Return on capital (ROCE)
2.8%
Liabilities / assets
82.7%
Debt / equity
4.79×
Book value / share
$0.72
Revenue growth (YoY)
2.7%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-1.53distress
Accruals / assets
0.9%clean
Beneish M-Score
-2.55normal
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
71
/ 100
Profitability 40Growth 100Catalyst 67Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 severe2 warning4 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Insider transactions

SEC Form 4 · most recent
7 acquisitions1 disposals2 open-market buy(s)net +378,495 shares · last 8
InsiderDateTypeSharesPrice
Chalke SandeepOfficer — SVP, Chief Commercial OfficerMar 31, 2026Tax withholding40,000$0.39
Peralta LeonelOfficer — SVP, Chief Operations OfficerFeb 28, 2026Option exercise83,723$0.00
Mayer Steven FDirectorFeb 20, 2026Buy54,875$0.56
Mayer Steven FDirectorFeb 18, 2026Buy126,125$0.53
Scott Byron CDirectorDec 31, 2025Option exercise9,433$0.00
Pervaiz AliOfficer — SVP Chief Financial OfficerNov 29, 2025Option exercise44,025$0.00
Chalke SandeepOfficer — SVP, Chief Commercial OfficerNov 29, 2025Option exercise50,314$0.00
Galbato ChanDirectorNov 28, 2025Grant50,000$0.00

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20266.6M1.2-4.3%
Apr 30, 20266.9M7.6-12.8%
Apr 15, 20267.9M5.0+3.9%
Mar 31, 20267.6M5.1+15.3%
Mar 13, 20266.6M4.3+20.6%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)