ACCURAY INC (ARAY)

Nasdaq · Common Stock · Surgical & Medical Instruments & Apparatus

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

18 entities across 17 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-08-27 — see the exhibit.

Which other public companies file entities in the same places:

China2 Switzerland1 France1 United Kingdom1 Hong Kong1 Japan1 Korea1 Spain1 India1 Russia1 Germany1 Canada1

Subsidiaries of ACCURAY INC as disclosed in its SEC filing
Entity	Jurisdiction	Note
Accuray International SARL	Switzerland
Accuray Europe SAS	France
Accuray UK, Ltd.	United Kingdom
Accuray Asia Ltd.	Hong Kong
Accuray Japan K.K.	Japan
Accuray Korea Limited Company	Korea
Accuray Spain, S.L.U.	Spain
Accuray Medical Equipment (India) Private Limited	India
Accuray Medical Equipment (Rus) LLC.	Russia
Accuray Medical Equipment GmbH	Germany
Accuray Medical Equipment (Canada) Ltd.	Canada
Accuray Mexico, S.A. de C.V.	Mexico
Accuray Medical Equipment (Shanghai) Co., Ltd.	China
Accuray Brasil Comércio, Importação e Exportação de Equipamentos Médicos Ltda	Brazil
Accuray Belgium BV	Belgium
Accuray Italy S.R.L	Italy
Accuray Accelerator Technology (Chengdu) Company Limited	China
Accuray LLC	Delaware

Financial health

Two standard screens, computed from the XBRL in FY2026 against FY2025. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

1 / 8

FAILReturn on assets positiveROA -11.1%
FAILOperating cash flow positiveOCF -7M
FAILReturn on assets improving-0.3% → -11.1%
PASSCash flow exceeds earningsOCF -7M vs NI -49M
FAILLong-term debt ratio falling26.3% → 33.0% of assets
FAILCurrent ratio improving1.65 → 1.50
FAILNo share dilutionno data
FAILGross margin improving32.1% → 27.7%
FAILAsset turnover improving0.98× → 0.91×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2021	$396.3M	−$6.3M	$36.2M	40.3%	92,031,000
FY2022	$429.9M	−$5.3M	−$7.1M	37.2%	92,095,000
FY2023	$447.6M	−$9.3M	$2.9M	34.4%	94,884,000
FY2024	$446.6M	−$15.5M	−$15.5M	32.0%	98,272,000
FY2025	$458.5M	−$1.6M	−$1.4M	32.1%	102,768,000
FY2026	$401.9M	−$49.2M	−$12.8M	27.7%	—

Ownership flow

11 institutions tracked — 4 added, 6 reduced, 1 opened a new position, 1 sold out. Active managers added 2,169,341 shares while index money cut 7,915,473.

Institutional holders of ACCURAY INC and their share-count change
Manager	Kind	Shares	Change	Value
BlackRock, Inc.	Index	3,266,185	−5,192,224	$842.0M
AQR CAPITAL MANAGEMENT LLC	Hedge fund	2,719,032	+2,101,555	$701.0M
STATE STREET CORP	Index	485,866	−1,531,787	$125.3M
GEODE CAPITAL MANAGEMENT, LLC	Index	1,189,377	−1,191,462	$306.7M
JPMORGAN CHASE & CO	Active fund	376,695	+296,852	$97.8M
RENAISSANCE TECHNOLOGIES LLC	Hedge fund	2,065,284	−225,700	$532.4M
FMR LLC	Active fund	1,375,746	+86,958	$354.7M
BANK OF AMERICA CORP /DE/	Active fund	110,614	−61,495	$28.4M
MORGAN STANLEY	Active fund	257,033	−31,780	$66.3M
CITADEL ADVISORS LLC	Hedge fund	31,551	+2,951	$8.1M

Point72 Asset Management, L.P. holds a position with no prior filing to compare against, so its change is unknown rather than zero — and it is left out of the totals above.

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Identity

CIK: 0001138723
FIGI: BBG000QNRY51
SIC: 3841 · Surgical & Medical Instruments & Apparatus
Incorporated: DE
Headquarters: MADISON, WI

Ownership

Institutional: 64.5%
Institutions: 145
Insiders: 4.2%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other surgical & medical instruments & apparatus companies

ACCURAY INC files under SIC 3841 — all 38 surgical & medical instruments & apparatus companies compared on assets and F-score.

BECTON DICKINSON & COBDX STRYKER CORPSYK BOSTON SCIENTIFIC CORPBSX Medline Inc.MDLN 3M COMMM BAXTER INTERNATIONAL INCBAX

Questions about ACCURAY INC

How many subsidiaries does ACCURAY INC file with the SEC?: 18, listed in its most recent exhibit 21. They are incorporated across 17 jurisdictions, led by Switzerland, France, United Kingdom. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is ACCURAY INC financially healthy?: ACCURAY INC scores 1 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of ACCURAY INC?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), AQR CAPITAL MANAGEMENT LLC (adding), RENAISSANCE TECHNOLOGIES LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.

Corporate structure

18 entities across 17 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-08-27 — see the exhibit.

Entity

Jurisdiction

Note

Accuray International SARL

Switzerland

Accuray Europe SAS

France

Accuray UK, Ltd.

United Kingdom

Accuray Asia Ltd.

Hong Kong

Accuray Japan K.K.

Japan

Accuray Korea Limited Company

Korea

Accuray Spain, S.L.U.

Spain

Accuray Medical Equipment (India) Private Limited

India

Accuray Medical Equipment (Rus) LLC.

Russia

Accuray Medical Equipment GmbH

Germany

Accuray Medical Equipment (Canada) Ltd.

Canada

Accuray Mexico, S.A. de C.V.

Mexico

Accuray Medical Equipment (Shanghai) Co., Ltd.

China

Accuray Brasil Comércio, Importação e Exportação de Equipamentos Médicos Ltda

Brazil

Accuray Belgium BV

Belgium

Accuray Italy S.R.L

Italy

Accuray Accelerator Technology (Chengdu) Company Limited

China

Accuray LLC

Delaware

Financial health

Two standard screens, computed from the XBRL in FY2026 against FY2025. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

1 / 8

FAILReturn on assets positiveROA -11.1%
FAILOperating cash flow positiveOCF -7M
FAILReturn on assets improving-0.3% → -11.1%
PASSCash flow exceeds earningsOCF -7M vs NI -49M
FAILLong-term debt ratio falling26.3% → 33.0% of assets
FAILCurrent ratio improving1.65 → 1.50
FAILNo share dilutionno data
FAILGross margin improving32.1% → 27.7%
FAILAsset turnover improving0.98× → 0.91×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2021	$396.3M	−$6.3M	$36.2M	40.3%	92,031,000
FY2022	$429.9M	−$5.3M	−$7.1M	37.2%	92,095,000
FY2023	$447.6M	−$9.3M	$2.9M	34.4%	94,884,000
FY2024	$446.6M	−$15.5M	−$15.5M	32.0%	98,272,000
FY2025	$458.5M	−$1.6M	−$1.4M	32.1%	102,768,000
FY2026	$401.9M	−$49.2M	−$12.8M	27.7%	—

Ownership flow

11 institutions tracked — 4 added, 6 reduced, 1 opened a new position, 1 sold out. Active managers added 2,169,341 shares while index money cut 7,915,473.

Institutional holders of ACCURAY INC and their share-count change
Manager	Kind	Shares	Change	Value
BlackRock, Inc.	Index	3,266,185	−5,192,224	$842.0M
AQR CAPITAL MANAGEMENT LLC	Hedge fund	2,719,032	+2,101,555	$701.0M
STATE STREET CORP	Index	485,866	−1,531,787	$125.3M
GEODE CAPITAL MANAGEMENT, LLC	Index	1,189,377	−1,191,462	$306.7M
JPMORGAN CHASE & CO	Active fund	376,695	+296,852	$97.8M
RENAISSANCE TECHNOLOGIES LLC	Hedge fund	2,065,284	−225,700	$532.4M
FMR LLC	Active fund	1,375,746	+86,958	$354.7M
BANK OF AMERICA CORP /DE/	Active fund	110,614	−61,495	$28.4M
MORGAN STANLEY	Active fund	257,033	−31,780	$66.3M
CITADEL ADVISORS LLC	Hedge fund	31,551	+2,951	$8.1M

Point72 Asset Management, L.P. holds a position with no prior filing to compare against, so its change is unknown rather than zero — and it is left out of the totals above.

Questions about ACCURAY INC

How many subsidiaries does ACCURAY INC file with the SEC?

18, listed in its most recent exhibit 21. They are incorporated across 17 jurisdictions, led by Switzerland, France, United Kingdom. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is ACCURAY INC financially healthy?

ACCURAY INC scores 1 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of ACCURAY INC?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), AQR CAPITAL MANAGEMENT LLC (adding), RENAISSANCE TECHNOLOGIES LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.