Accuray Incorporated · NASDAQ:ARAY
Accuray — Q2 FY2026 Earnings Presentation
15 slides from Accuray's earnings presentation, Feb 4, 2026
Slide 1: Q2'FY26 Earnings Call
Q2’FY26 Earnings Call SIAN Supplemental Presentation February 4, 2026 aS
Slide 2: Forward-looking Statements
Forward-looking Statements This presentation is intended exclusively for investors. It is not intended for use in Sales or Marketing. Stoteents inthis presentation (nclucing the orl commentary that accompanies) tht ore not statements of historia oct ore foworcrookng stotemens ond are subject to the
Slide 3: Vision and Mission
Vision and Mission To expand the curative power of radiation therapy to improve as many lives as possible. To think, act, and execute beyond ectations every day to deliver better, safer radiation therapy solutions and help patients get back to living their lives, fas ACCURAY
Slide 4: Q2'FY26 and 1H'FY26 Financials
Q2’'FY26 and 1H’FY26 Financials strong financial performance 2 Q2 FY'26 Highlights y part of our recurring revenue growth venue continues to grow pricing impa KEY FINANCIAL METRICS Revenues $1022M 12% $196.2M 10% The China JV delivered 27 systems in Q2 FY'25 ‘ S400M -20% $822M_ 25 > syste FY'26, pro
Slide 5: China Deferred Margin Impact
China Deferred Margin Impact Total Deterral Impact Not China Margin impact (ose) | Roloaee Totol Gross Margin % Reported Cross Margin % (Exc! China Margin impact) ' Acjusted EBITDA (Reported) Acusted EBTDA Acjusted (IDA (Ext China Margin impact) * hina Margin impact) bet Margin in Balance Sheet (cum
Slide 6: FY26 Guidance
FY26 Guidance ACCURAY Revised Guidance Previous Range Range Revenue [revised] Adjusted EBITDA’ [revised] ‘juseaDA orem GU mecrue. Remo see Sie? arcane tated BIO nemo sec cargomtie GME mesma pian ona Canerthopeny a e=s0y
Slide 7: Thank you
ACCURAY Thank you
Slide 8: GAAP to Adjusted EBITDA Q2 FY'26 and Q2 FY'25
GAAP to Adjusted EBITDA Q2 FY’26 and Q2 FY’25 Reconciliation of Net income (Loss) to Adjusted Earnings Before interest, Taxes, Depreciation, Amortization Gna Stock Saved Compencetton (adjusted eSiTD8) : ACCURAY ‘wee Montns Ended December 3. sx 2028 2024 ‘GAAP net loss | s (a7) |] s 2597 Depreciation
Slide 9: GAAP to Adjusted EBITDA 1H FY'26 and 1H FY'25
GAAP to Adjusted EBITDA 1H FY’26 and 1H FY’25 Reconciliation of Net income (Loss) to Adjusted Earnings Before interest, Taxes, Depreciation, Amortization Gna Stock Saved Compencetton (adjusted eSITD8) : ACCURAY six Months Ended December st sx 2028 2028 ‘GAAP net loss | s (sae) | s (ain) Depreciation
Slide 10: GAAP to Adjusted EBITDA Q1 FY'26 and Q1 FY'25
GAAP to Adjusted EBITDA Q1 FY’26 and Q1 FY’25 Reconciliation of Net income (Loss) to Adjusted Earnings Before interest, Taxes, Depreciation, Amortization Gna Stock Saved Compencetton (adjusted eSiTD8) : ACCURAY ‘wee Montns Ended September 20, sx 2028 228 ‘GAAP net loss | s (sre) |] 5 (254) Depreciat
Slide 11: GAAP to Adjusted EBITDA FY2025
GAAP to Adjusted EBITDA FY2025 Reconciliation of Net Income (Loss) to Adjusted Earnings Before interest, Taxes, Depreciation, Amortization Gna Stock Saved Compencetton (adjusted eSiTDa) : ACCURAY Twelve Months Ended “ne 20, ‘ 2025 GAAP net loss. s (ase) Depreciation and amortization 180 stock based
Slide 12: GAAP to Adjusted EBITDA FY'26 — Forward Looking Guidance
GAAP to Adjusted EBITDA FY’26 — Forward Looking Guidance Reconciliation of Net income (Loss) to Adjusted Earnings Before Interest, Taxes, ACCURAY Depreciation, amortization and Stock-8ased Compensation (Adjusted EaITDA) ‘Twelve Months Ended June 30, 2028 GAAP net loss [s (2000) || s (28000) SS | ano
Slide 13: Gross Margin to Gross Margin Excluding China Margin Impact Q2 FY'26
Gross Margin to Gross Margin Excluding China Margin Impact Q2 FY’26 Reconciliation of Gross margin to Gross margin excluding China Margin impact sk Total Net Revenue Total Cost of Revenue Gross Profit Chine Margin Release (Gross Profit excl China Margin Impact ‘Gross Margin % exc! Chine Margin Impac
Slide 14: Gross Margin to Gross Margin Excluding China Margin Impact Q1 FY'26
Gross Margin to Gross Margin Excluding China Margin Impact Q1 FY’26 Reconciliation of Gross margin to Gross margin excluding China Margin impact, ‘ Total Net Revenue Tota! Cost of Revenue Gross rote Chine Margin Deferral {Gross Profit excl China Margin Impact ‘Gross Margin % exc! Chine Margin Impact
Slide 15: Gross Margin to Gross Margin Excluding China Margin Impact FY25
Gross Margin to Gross Margin Excluding China Margin Impact FY25 Reconciliation of Gross margin to Gross margin excluding China Margin impact ACCURAY ‘Twelve Months Ended “ne 20, x 2028 Totol Net Revenue | s 488505 Total Cost of Revenue | (ans3e) Gross rote | 149967 China Norg Ofer | (768) (Gross Pro