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Accuray Valuation Multiples
Discover revenue and EBITDA valuation multiples for Accuray and similar public comparables like Optomed, Pangaea Oncology, Optiscan Imaging, Daxor and more.
Accuray Overview
About Accuray
Accuray Inc is a radiation oncology company that develops, manufactures, sells and supports precise, treatment solutions which set the standard of radiation therapy care with the objective of helping patients live lives. The company's technology, The CyberKnife, is used to treat multiple types of cancer and tumors throughout the body. The CyberKnife Systems automatically track, detect and correct for a tumor and patient movement in real-time during the procedure, enabling delivery of precise, high dose radiation with sub-millimetre accuracy while patients breathe normally, without manual user intervention.
Founded
1990
HQ

Employees
990
Website
Financials (LTM)
EV
$198M
Accuray Financials
Accuray reported last 12-month revenue of $448M and EBITDA of $24M.
In the same LTM period, Accuray generated $129M in gross profit, $24M in EBITDA, and had net loss of ($24M).
Revenue (LTM)
Accuray P&L
In the most recent fiscal year, Accuray reported revenue of $459M and EBITDA of $28M.
Accuray expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $448M | XXX | $459M | XXX | XXX | XXX |
| Gross Profit | $129M | XXX | $147M | XXX | XXX | XXX |
| Gross Margin | 29% | XXX | 32% | XXX | XXX | XXX |
| EBITDA | $24M | XXX | $28M | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| EBIT Margin | (1%) | XXX | 2% | XXX | XXX | XXX |
| Net Profit | ($24M) | XXX | ($2M) | XXX | XXX | XXX |
| Net Margin | (6%) | XXX | (0%) | XXX | XXX | XXX |
| Net Debt | — | — | $79M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Accuray Stock Performance
Accuray has current market cap of $66M, and enterprise value of $198M.
Market Cap Evolution
Accuray's stock price is $0.55.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $198M | $66M | 0.0% | XXX | XXX | XXX | $-0.01 |
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Start Free TrialAccuray Valuation Multiples
Accuray trades at 0.4x EV/Revenue multiple, and 8.1x EV/EBITDA.
EV / Revenue (LTM)
Accuray Financial Valuation Multiples
As of March 13, 2026, Accuray has market cap of $66M and EV of $198M.
Equity research analysts estimate Accuray's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Accuray has a P/E ratio of (2.7x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $66M | XXX | $66M | XXX | XXX | XXX |
| EV (current) | $198M | XXX | $198M | XXX | XXX | XXX |
| EV/Revenue | 0.4x | XXX | 0.4x | XXX | XXX | XXX |
| EV/EBITDA | 8.1x | XXX | 7.0x | XXX | XXX | XXX |
| EV/EBIT | (38.6x) | XXX | 25.3x | XXX | XXX | XXX |
| EV/Gross Profit | 1.5x | XXX | 1.4x | XXX | XXX | XXX |
| P/E | (2.7x) | XXX | (41.2x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (35.0x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Accuray Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Accuray Margins & Growth Rates
Accuray's revenue in the last 12 month grew by 2%.
Accuray's revenue per employee in the last FY averaged $0.5M.
Accuray's rule of 40 is 8% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Accuray's rule of X is 11% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Accuray Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 2% | XXX | (3%) | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Growth | 42% | XXX | (19%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 8% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 11% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 9% | XXX | 9% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 11% | XXX | 10% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 10% | XXX | 11% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 30% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Accuray Public Comps
See public comps and valuation multiples for other Medical Devices comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Optomed | XXX | XXX | XXX | XXX | XXX | XXX |
| Pangaea Oncology | XXX | XXX | XXX | XXX | XXX | XXX |
| Optiscan Imaging | XXX | XXX | XXX | XXX | XXX | XXX |
| Daxor | XXX | XXX | XXX | XXX | XXX | XXX |
| Outset Medical | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Accuray M&A Activity
Accuray acquired XXX companies to date.
Last acquisition by Accuray was on XXXXXXXX, XXXXX. Accuray acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Accuray
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialAccuray Investment Activity
Accuray invested in XXX companies to date.
Accuray made its latest investment on XXXXXXXX, XXXXX. Accuray invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Accuray
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Accuray
| When was Accuray founded? | Accuray was founded in 1990. |
| Where is Accuray headquartered? | Accuray is headquartered in United States. |
| How many employees does Accuray have? | As of today, Accuray has over 990 employees. |
| Who is the CEO of Accuray? | Accuray's CEO is Stephen R. LaNeve. |
| Is Accuray publicly listed? | Yes, Accuray is a public company listed on Nasdaq. |
| What is the stock symbol of Accuray? | Accuray trades under ARAY ticker. |
| When did Accuray go public? | Accuray went public in 2007. |
| Who are competitors of Accuray? | Accuray main competitors are Optomed, Pangaea Oncology, Optiscan Imaging, Daxor. |
| What is the current market cap of Accuray? | Accuray's current market cap is $66M. |
| What is the current revenue of Accuray? | Accuray's last 12 months revenue is $448M. |
| What is the current revenue growth of Accuray? | Accuray revenue growth (NTM/LTM) is 2%. |
| What is the current EV/Revenue multiple of Accuray? | Current revenue multiple of Accuray is 0.4x. |
| Is Accuray profitable? | Yes, Accuray is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Accuray? | Accuray's last 12 months EBITDA is $24M. |
| What is Accuray's EBITDA margin? | Accuray's last 12 months EBITDA margin is 6%. |
| What is the current EV/EBITDA multiple of Accuray? | Current EBITDA multiple of Accuray is 8.1x. |
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