Accuray (ARAY) Research & Development (2010 - 2026)
Accuray (ARAY) reported Research & Development of $7.71 million for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 32.8% from $11.47 million a year earlier and down 5.8% from the prior quarter.
Accuray (ARAY) Research & Development (2010 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Accuray posted Research & Development of $37.75 million, down 21.3% from FY2025.
- Research & Development has declined for four consecutive fiscal years, with a five-year compound annual growth rate of -6.5% (FY2021 to FY2026).
- By fiscal year, Research & Development came in at $47.94 million in FY2025 (-3.6%), $49.73 million in FY2024 (-12.9%), $57.13 million in FY2023 (-1.1%) and $57.75 million in FY2022 (+9.5%).
- The fiscal Q4 2026 figure ranks as the lowest quarterly Research & Development in data going back to fiscal Q1 2011.
- Year over year, Research & Development has now declined in each of the last four quarters, with an average decline of 11.3% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was fiscal Q2 2022 (growth of 22.9%); the low point was fiscal Q4 2024 (a decline of 32.8%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $8.18 million (Q3 2026), $10.65 million (Q2 2026) and $11.37 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 260.30 Bn | 239.33 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 170.90 Bn | 141.33 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 164.81 Bn | 148.62 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 152.46 Bn | 131.89 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 119.28 Bn | 84.53 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 112.91 Bn | 99.03 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 64.87 Bn | 59.63 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 53.24 Bn | 50.39 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.42 Bn | 34.43 Bn | 1.35 Bn | 278.90 Mn |
| 10 | Accuray | 18.73 Mn | -164.60 Mn | 35.08 Mn | 7.71 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.71 Mn |
| Mar 31, 2026 | 8.18 Mn |
| Dec 31, 2025 | 10.65 Mn |
| Sep 30, 2025 | 11.37 Mn |
| Jun 30, 2025 | 11.47 Mn |
| Mar 31, 2025 | 10.71 Mn |
| Dec 31, 2024 | 13.64 Mn |
| Sep 30, 2024 | 12.12 Mn |
| Jun 30, 2024 | 9.53 Mn |
| Mar 31, 2024 | 10.91 Mn |
| Dec 31, 2023 | 15.28 Mn |
| Sep 30, 2023 | 14.01 Mn |
| Jun 30, 2023 | 14.19 Mn |
| Mar 31, 2023 | 14.21 Mn |
| Dec 31, 2022 | 14.64 Mn |
| Sep 30, 2022 | 14.09 Mn |
| Jun 30, 2022 | 14.57 Mn |
| Mar 31, 2022 | 14.10 Mn |
| Dec 31, 2021 | 14.70 Mn |
| Sep 30, 2021 | 14.38 Mn |
Accuray Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ARAY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ARAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ARAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();