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Side-by-side financial comparison of ACCURAY INC (ARAY) and NETSTREIT Corp. (NTST). Click either name above to swap in a different company.

ACCURAY INC is the larger business by last-quarter revenue ($102.2M vs $57.1M, roughly 1.8× NETSTREIT Corp.). NETSTREIT Corp. runs the higher net margin — 10.0% vs -13.5%, a 23.5% gap on every dollar of revenue. On growth, NETSTREIT Corp. posted the faster year-over-year revenue change (24.3% vs -12.0%). Over the past eight quarters, NETSTREIT Corp.'s revenue compounded faster (20.1% 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 ...

NETSTREIT Corp. is a US-headquartered real estate investment trust (REIT) that specializes in acquiring and operating a diversified portfolio of single-tenant net lease commercial properties. Its asset portfolio covers retail, industrial and office categories, primarily catering to investment-grade corporate tenants across the United States market.

ARAY vs NTST — Head-to-Head

Bigger by revenue
ARAY
ARAY
1.8× larger
ARAY
$102.2M
$57.1M
NTST
Growing faster (revenue YoY)
NTST
NTST
+36.3% gap
NTST
24.3%
-12.0%
ARAY
Higher net margin
NTST
NTST
23.5% more per $
NTST
10.0%
-13.5%
ARAY
Faster 2-yr revenue CAGR
NTST
NTST
Annualised
NTST
20.1%
0.5%
ARAY

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
ARAY
ARAY
NTST
NTST
Revenue
$102.2M
$57.1M
Net Profit
$-13.8M
$5.7M
Gross Margin
23.5%
Operating Margin
-11.3%
34.1%
Net Margin
-13.5%
10.0%
Revenue YoY
-12.0%
24.3%
Net Profit YoY
-642.8%
235.9%
EPS (diluted)
$-0.11
$0.32

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
NTST
NTST
Q1 26
$57.1M
Q4 25
$102.2M
$52.5M
Q3 25
$93.9M
$48.3M
Q2 25
$127.5M
$48.3M
Q1 25
$113.2M
$45.9M
Q4 24
$116.2M
$44.1M
Q3 24
$101.5M
$41.4M
Q2 24
$134.3M
$39.6M
Net Profit
ARAY
ARAY
NTST
NTST
Q1 26
$5.7M
Q4 25
$-13.8M
$1.3M
Q3 25
$-21.7M
$618.0K
Q2 25
$1.1M
$3.3M
Q1 25
$-1.3M
$1.7M
Q4 24
$2.5M
$-5.4M
Q3 24
$-4.0M
$-5.3M
Q2 24
$3.4M
$-2.3M
Gross Margin
ARAY
ARAY
NTST
NTST
Q1 26
Q4 25
23.5%
Q3 25
28.3%
Q2 25
30.6%
Q1 25
27.9%
Q4 24
36.1%
Q3 24
33.9%
Q2 24
28.6%
Operating Margin
ARAY
ARAY
NTST
NTST
Q1 26
34.1%
Q4 25
-11.3%
2.6%
Q3 25
-12.0%
1.3%
Q2 25
3.3%
6.8%
Q1 25
0.9%
3.7%
Q4 24
4.1%
-12.3%
Q3 24
-2.1%
-12.8%
Q2 24
5.1%
-5.8%
Net Margin
ARAY
ARAY
NTST
NTST
Q1 26
10.0%
Q4 25
-13.5%
2.5%
Q3 25
-23.1%
1.3%
Q2 25
0.9%
6.8%
Q1 25
-1.1%
3.7%
Q4 24
2.2%
-12.3%
Q3 24
-3.9%
-12.8%
Q2 24
2.5%
-5.8%
EPS (diluted)
ARAY
ARAY
NTST
NTST
Q1 26
$0.32
Q4 25
$-0.11
$0.01
Q3 25
$-0.18
$0.01
Q2 25
$0.01
$0.04
Q1 25
$-0.01
$0.02
Q4 24
$0.02
$-0.07
Q3 24
$-0.04
$-0.07
Q2 24
$0.03
$-0.03

Balance Sheet & Financial Strength

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

Metric
ARAY
ARAY
NTST
NTST
Cash + ST InvestmentsLiquidity on hand
$41.3M
Total DebtLower is stronger
$135.9M
Stockholders' EquityBook value
$53.4M
$1.5B
Total Assets
$448.0M
$2.8B
Debt / EquityLower = less leverage
2.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARAY
ARAY
NTST
NTST
Q1 26
Q4 25
$41.3M
Q3 25
$63.3M
Q2 25
$57.4M
Q1 25
$77.8M
Q4 24
$62.6M
Q3 24
$59.2M
Q2 24
$68.6M
Total Debt
ARAY
ARAY
NTST
NTST
Q1 26
Q4 25
$135.9M
$1.1B
Q3 25
$140.2M
$1.1B
Q2 25
$136.5M
$926.6M
Q1 25
$173.8M
$913.3M
Q4 24
$175.5M
$868.3M
Q3 24
$170.2M
$778.7M
Q2 24
$172.2M
$726.2M
Stockholders' Equity
ARAY
ARAY
NTST
NTST
Q1 26
$1.5B
Q4 25
$53.4M
$1.4B
Q3 25
$61.9M
$1.3B
Q2 25
$81.2M
$1.3B
Q1 25
$49.6M
$1.3B
Q4 24
$47.9M
$1.3B
Q3 24
$45.2M
$1.3B
Q2 24
$45.1M
$1.3B
Total Assets
ARAY
ARAY
NTST
NTST
Q1 26
$2.8B
Q4 25
$448.0M
$2.6B
Q3 25
$456.8M
$2.5B
Q2 25
$470.2M
$2.3B
Q1 25
$484.3M
$2.3B
Q4 24
$478.4M
$2.3B
Q3 24
$473.1M
$2.2B
Q2 24
$468.6M
$2.1B
Debt / Equity
ARAY
ARAY
NTST
NTST
Q1 26
Q4 25
2.54×
0.76×
Q3 25
2.27×
0.84×
Q2 25
1.68×
0.70×
Q1 25
3.50×
0.70×
Q4 24
3.66×
0.65×
Q3 24
3.76×
0.58×
Q2 24
3.82×
0.55×

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
NTST
NTST
Operating Cash FlowLast quarter
$-16.0M
Free Cash FlowOCF − Capex
$-19.0M
FCF MarginFCF / Revenue
-18.6%
Capex IntensityCapex / Revenue
3.0%
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
NTST
NTST
Q1 26
Q4 25
$-16.0M
$109.5M
Q3 25
$12.2M
$28.0M
Q2 25
$-9.7M
$30.6M
Q1 25
$18.1M
$22.1M
Q4 24
$1.8M
$90.2M
Q3 24
$-7.3M
$25.1M
Q2 24
$9.9M
$25.4M
Free Cash Flow
ARAY
ARAY
NTST
NTST
Q1 26
Q4 25
$-19.0M
Q3 25
$10.3M
Q2 25
$-11.0M
Q1 25
$17.1M
Q4 24
$927.0K
Q3 24
$-8.4M
Q2 24
$9.4M
FCF Margin
ARAY
ARAY
NTST
NTST
Q1 26
Q4 25
-18.6%
Q3 25
10.9%
Q2 25
-8.6%
Q1 25
15.1%
Q4 24
0.8%
Q3 24
-8.3%
Q2 24
7.0%
Capex Intensity
ARAY
ARAY
NTST
NTST
Q1 26
Q4 25
3.0%
Q3 25
2.0%
Q2 25
1.0%
Q1 25
0.8%
Q4 24
0.8%
Q3 24
1.1%
Q2 24
0.3%
Cash Conversion
ARAY
ARAY
NTST
NTST
Q1 26
Q4 25
82.46×
Q3 25
45.27×
Q2 25
-8.64×
9.36×
Q1 25
13.06×
Q4 24
0.71×
Q3 24
Q2 24
2.92×

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%

NTST
NTST

Rental revenue (including reimbursable)$54.0M95%
Other$3.0M5%

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