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Side-by-side financial comparison of ACCURAY INC (ARAY) and FARMER BROTHERS CO (FARM). Click either name above to swap in a different company.

ACCURAY INC is the larger business by last-quarter revenue ($102.2M vs $88.9M, roughly 1.1× FARMER BROTHERS CO). FARMER BROTHERS CO runs the higher net margin — -5.5% vs -13.5%, a 8.0% gap on every dollar of revenue. On growth, FARMER BROTHERS CO posted the faster year-over-year revenue change (-1.2% vs -12.0%). FARMER BROTHERS CO produced more free cash flow last quarter ($-2.6M vs $-19.0M). Over the past eight quarters, FARMER BROTHERS CO's revenue compounded faster (2.1% CAGR vs 0.5%).

Accuray is a radiation therapy company that develops, manufactures, and sells radiation therapy systems to deliver treatments including stereotactic radiosurgery (SRS) and stereotactic body radiation therapy (SBRT). It is the developer of innovative technologies, the CyberKnife and TomoTherapy platforms, including the Radixact System, the latest generation TomoTherapy platform. The company is headquartered in Sunnyvale, CA, the United States. The platforms are installed in leading healthcare ...

Farmer Bros. Co. is an American coffee foodservice company based in Fort Worth, Texas. The company specializes in the manufacture and distribution of coffee, tea, and approximately 300 other foodservice items used by restaurants and other establishments. John Moore serves as the company's president and chief executive officer.

ARAY vs FARM — Head-to-Head

Bigger by revenue
ARAY
ARAY
1.1× larger
ARAY
$102.2M
$88.9M
FARM
Growing faster (revenue YoY)
FARM
FARM
+10.8% gap
FARM
-1.2%
-12.0%
ARAY
Higher net margin
FARM
FARM
8.0% more per $
FARM
-5.5%
-13.5%
ARAY
More free cash flow
FARM
FARM
$16.4M more FCF
FARM
$-2.6M
$-19.0M
ARAY
Faster 2-yr revenue CAGR
FARM
FARM
Annualised
FARM
2.1%
0.5%
ARAY

Income Statement — Q2 FY2026 vs Q2 FY2026

Metric
ARAY
ARAY
FARM
FARM
Revenue
$102.2M
$88.9M
Net Profit
$-13.8M
$-4.9M
Gross Margin
23.5%
36.3%
Operating Margin
-11.3%
-4.7%
Net Margin
-13.5%
-5.5%
Revenue YoY
-12.0%
-1.2%
Net Profit YoY
-642.8%
-2417.1%
EPS (diluted)
$-0.11
$-0.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARAY
ARAY
FARM
FARM
Q4 25
$102.2M
$88.9M
Q3 25
$93.9M
$81.6M
Q2 25
$127.5M
$85.1M
Q1 25
$113.2M
$82.1M
Q4 24
$116.2M
$90.0M
Q3 24
$101.5M
$85.1M
Q2 24
$134.3M
$84.4M
Q1 24
$101.1M
$85.4M
Net Profit
ARAY
ARAY
FARM
FARM
Q4 25
$-13.8M
$-4.9M
Q3 25
$-21.7M
$-4.0M
Q2 25
$1.1M
$-4.7M
Q1 25
$-1.3M
$-5.0M
Q4 24
$2.5M
$210.0K
Q3 24
$-4.0M
$-5.0M
Q2 24
$3.4M
$-4.6M
Q1 24
$-6.3M
$-682.0K
Gross Margin
ARAY
ARAY
FARM
FARM
Q4 25
23.5%
36.3%
Q3 25
28.3%
39.7%
Q2 25
30.6%
44.9%
Q1 25
27.9%
42.1%
Q4 24
36.1%
43.1%
Q3 24
33.9%
43.9%
Q2 24
28.6%
38.8%
Q1 24
28.7%
40.1%
Operating Margin
ARAY
ARAY
FARM
FARM
Q4 25
-11.3%
-4.7%
Q3 25
-12.0%
-3.9%
Q2 25
3.3%
4.6%
Q1 25
0.9%
-4.3%
Q4 24
4.1%
1.1%
Q3 24
-2.1%
-3.3%
Q2 24
5.1%
-4.9%
Q1 24
-4.5%
-0.5%
Net Margin
ARAY
ARAY
FARM
FARM
Q4 25
-13.5%
-5.5%
Q3 25
-23.1%
-4.9%
Q2 25
0.9%
-5.6%
Q1 25
-1.1%
-6.1%
Q4 24
2.2%
0.2%
Q3 24
-3.9%
-5.9%
Q2 24
2.5%
-5.4%
Q1 24
-6.3%
-0.8%
EPS (diluted)
ARAY
ARAY
FARM
FARM
Q4 25
$-0.11
$-0.22
Q3 25
$-0.18
$-0.19
Q2 25
$0.01
$-0.22
Q1 25
$-0.01
$-0.23
Q4 24
$0.02
$0.01
Q3 24
$-0.04
$-0.24
Q2 24
$0.03
$-0.23
Q1 24
$-0.06
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARAY
ARAY
FARM
FARM
Cash + ST InvestmentsLiquidity on hand
$41.3M
$4.2M
Total DebtLower is stronger
$135.9M
Stockholders' EquityBook value
$53.4M
$35.7M
Total Assets
$448.0M
$151.4M
Debt / EquityLower = less leverage
2.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARAY
ARAY
FARM
FARM
Q4 25
$41.3M
$4.2M
Q3 25
$63.3M
$3.8M
Q2 25
$57.4M
$6.8M
Q1 25
$77.8M
$4.1M
Q4 24
$62.6M
$5.5M
Q3 24
$59.2M
$3.3M
Q2 24
$68.6M
$5.8M
Q1 24
$60.5M
$5.5M
Total Debt
ARAY
ARAY
FARM
FARM
Q4 25
$135.9M
Q3 25
$140.2M
Q2 25
$136.5M
Q1 25
$173.8M
Q4 24
$175.5M
Q3 24
$170.2M
Q2 24
$172.2M
Q1 24
$173.5M
Stockholders' Equity
ARAY
ARAY
FARM
FARM
Q4 25
$53.4M
$35.7M
Q3 25
$61.9M
$40.0M
Q2 25
$81.2M
$43.5M
Q1 25
$49.6M
$37.3M
Q4 24
$47.9M
$41.5M
Q3 24
$45.2M
$40.9M
Q2 24
$45.1M
$45.5M
Q1 24
$41.1M
$43.1M
Total Assets
ARAY
ARAY
FARM
FARM
Q4 25
$448.0M
$151.4M
Q3 25
$456.8M
$158.8M
Q2 25
$470.2M
$161.2M
Q1 25
$484.3M
$163.2M
Q4 24
$478.4M
$179.1M
Q3 24
$473.1M
$182.0M
Q2 24
$468.6M
$185.2M
Q1 24
$462.5M
$179.1M
Debt / Equity
ARAY
ARAY
FARM
FARM
Q4 25
2.54×
Q3 25
2.27×
Q2 25
1.68×
Q1 25
3.50×
Q4 24
3.66×
Q3 24
3.76×
Q2 24
3.82×
Q1 24
4.22×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARAY
ARAY
FARM
FARM
Operating Cash FlowLast quarter
$-16.0M
$-786.0K
Free Cash FlowOCF − Capex
$-19.0M
$-2.6M
FCF MarginFCF / Revenue
-18.6%
-2.9%
Capex IntensityCapex / Revenue
3.0%
2.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-2.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARAY
ARAY
FARM
FARM
Q4 25
$-16.0M
$-786.0K
Q3 25
$12.2M
$-5.0M
Q2 25
$-9.7M
$9.7M
Q1 25
$18.1M
$1.3M
Q4 24
$1.8M
$2.6M
Q3 24
$-7.3M
$2.5M
Q2 24
$9.9M
$-995.0K
Q1 24
$-8.1M
$-2.3M
Free Cash Flow
ARAY
ARAY
FARM
FARM
Q4 25
$-19.0M
$-2.6M
Q3 25
$10.3M
$-6.9M
Q2 25
$-11.0M
Q1 25
$17.1M
$-684.0K
Q4 24
$927.0K
$521.0K
Q3 24
$-8.4M
$-837.0K
Q2 24
$9.4M
Q1 24
$-8.9M
$-5.7M
FCF Margin
ARAY
ARAY
FARM
FARM
Q4 25
-18.6%
-2.9%
Q3 25
10.9%
-8.5%
Q2 25
-8.6%
Q1 25
15.1%
-0.8%
Q4 24
0.8%
0.6%
Q3 24
-8.3%
-1.0%
Q2 24
7.0%
Q1 24
-8.8%
-6.7%
Capex Intensity
ARAY
ARAY
FARM
FARM
Q4 25
3.0%
2.1%
Q3 25
2.0%
2.4%
Q2 25
1.0%
Q1 25
0.8%
2.4%
Q4 24
0.8%
2.3%
Q3 24
1.1%
3.9%
Q2 24
0.3%
Q1 24
0.8%
4.0%
Cash Conversion
ARAY
ARAY
FARM
FARM
Q4 25
Q3 25
Q2 25
-8.64×
Q1 25
Q4 24
0.71×
12.16×
Q3 24
Q2 24
2.92×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARAY
ARAY

Services$57.2M56%
Products$45.0M44%

FARM
FARM

Coffee Roasted$45.5M51%
Tea Iced Hot$23.3M26%
Culinary$14.1M16%
Spice$4.9M5%
Fuel Surcharge$1.2M1%

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