Accuray Incorporated reported QQ1 2025 revenue of USD 101.545 million, essentially flat year-over-year (YoY) at -2.26% but down sharply quarter-over-quarter (QoQ) by -24.38%, signaling typical seasonality and the gradual maturation of project-based revenue streams. Gross profit stood at USD 34.469 million, yielding a gross margin of 33.9%, down about 12.7% YoY and 10.4% QoQ, reflecting a challenging product mix and ongoing cost dynamics in a hardware-heavy business model. The quarter produced an operating loss of USD -2.149 million and a net loss of USD -3.954 million, with adjusted EBITDA of USD 1.090 million. EPS landed at USD -0.0395, marking a deterioration versus prior periods and underscoring near-term profitability pressures even as the company maintains a cash cushion.