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

ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $102.2M, roughly 2.0× ACCURAY INC). ROGERS CORP runs the higher net margin — 2.2% vs -13.5%, a 15.7% gap on every dollar of revenue. On growth, ROGERS CORP posted the faster year-over-year revenue change (5.2% vs -12.0%). ROGERS CORP produced more free cash flow last quarter ($1.1M vs $-19.0M). Over the past eight quarters, ACCURAY INC's revenue compounded faster (0.5% CAGR vs -3.3%).

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 ...

Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.

ARAY vs ROG — Head-to-Head

Bigger by revenue
ROG
ROG
2.0× larger
ROG
$200.5M
$102.2M
ARAY
Growing faster (revenue YoY)
ROG
ROG
+17.2% gap
ROG
5.2%
-12.0%
ARAY
Higher net margin
ROG
ROG
15.7% more per $
ROG
2.2%
-13.5%
ARAY
More free cash flow
ROG
ROG
$20.1M more FCF
ROG
$1.1M
$-19.0M
ARAY
Faster 2-yr revenue CAGR
ARAY
ARAY
Annualised
ARAY
0.5%
-3.3%
ROG

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
ARAY
ARAY
ROG
ROG
Revenue
$102.2M
$200.5M
Net Profit
$-13.8M
$4.5M
Gross Margin
23.5%
32.2%
Operating Margin
-11.3%
Net Margin
-13.5%
2.2%
Revenue YoY
-12.0%
5.2%
Net Profit YoY
-642.8%
421.4%
EPS (diluted)
$-0.11
$0.25

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
ROG
ROG
Q1 26
$200.5M
Q4 25
$102.2M
$201.5M
Q3 25
$93.9M
$216.0M
Q2 25
$127.5M
$202.8M
Q1 25
$113.2M
$190.5M
Q4 24
$116.2M
$192.2M
Q3 24
$101.5M
$210.3M
Q2 24
$134.3M
$214.2M
Net Profit
ARAY
ARAY
ROG
ROG
Q1 26
$4.5M
Q4 25
$-13.8M
$4.6M
Q3 25
$-21.7M
$8.6M
Q2 25
$1.1M
$-73.6M
Q1 25
$-1.3M
$-1.4M
Q4 24
$2.5M
$-500.0K
Q3 24
$-4.0M
$10.7M
Q2 24
$3.4M
$8.1M
Gross Margin
ARAY
ARAY
ROG
ROG
Q1 26
32.2%
Q4 25
23.5%
31.5%
Q3 25
28.3%
33.5%
Q2 25
30.6%
31.6%
Q1 25
27.9%
29.9%
Q4 24
36.1%
32.1%
Q3 24
33.9%
35.2%
Q2 24
28.6%
34.1%
Operating Margin
ARAY
ARAY
ROG
ROG
Q1 26
Q4 25
-11.3%
3.5%
Q3 25
-12.0%
7.3%
Q2 25
3.3%
-33.3%
Q1 25
0.9%
-0.2%
Q4 24
4.1%
-6.6%
Q3 24
-2.1%
6.9%
Q2 24
5.1%
5.3%
Net Margin
ARAY
ARAY
ROG
ROG
Q1 26
2.2%
Q4 25
-13.5%
2.3%
Q3 25
-23.1%
4.0%
Q2 25
0.9%
-36.3%
Q1 25
-1.1%
-0.7%
Q4 24
2.2%
-0.3%
Q3 24
-3.9%
5.1%
Q2 24
2.5%
3.8%
EPS (diluted)
ARAY
ARAY
ROG
ROG
Q1 26
$0.25
Q4 25
$-0.11
$0.20
Q3 25
$-0.18
$0.48
Q2 25
$0.01
$-4.00
Q1 25
$-0.01
$-0.08
Q4 24
$0.02
$-0.04
Q3 24
$-0.04
$0.58
Q2 24
$0.03
$0.44

Balance Sheet & Financial Strength

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

Metric
ARAY
ARAY
ROG
ROG
Cash + ST InvestmentsLiquidity on hand
$41.3M
$195.8M
Total DebtLower is stronger
$135.9M
Stockholders' EquityBook value
$53.4M
$1.2B
Total Assets
$448.0M
$1.4B
Debt / EquityLower = less leverage
2.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARAY
ARAY
ROG
ROG
Q1 26
$195.8M
Q4 25
$41.3M
$197.0M
Q3 25
$63.3M
$167.8M
Q2 25
$57.4M
$157.2M
Q1 25
$77.8M
$175.6M
Q4 24
$62.6M
$159.8M
Q3 24
$59.2M
$146.4M
Q2 24
$68.6M
$119.9M
Total Debt
ARAY
ARAY
ROG
ROG
Q1 26
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
Stockholders' Equity
ARAY
ARAY
ROG
ROG
Q1 26
$1.2B
Q4 25
$53.4M
$1.2B
Q3 25
$61.9M
$1.2B
Q2 25
$81.2M
$1.2B
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
ROG
ROG
Q1 26
$1.4B
Q4 25
$448.0M
$1.4B
Q3 25
$456.8M
$1.4B
Q2 25
$470.2M
$1.5B
Q1 25
$484.3M
$1.5B
Q4 24
$478.4M
$1.5B
Q3 24
$473.1M
$1.5B
Q2 24
$468.6M
$1.5B
Debt / Equity
ARAY
ARAY
ROG
ROG
Q1 26
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×

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
ROG
ROG
Operating Cash FlowLast quarter
$-16.0M
$5.8M
Free Cash FlowOCF − Capex
$-19.0M
$1.1M
FCF MarginFCF / Revenue
-18.6%
0.5%
Capex IntensityCapex / Revenue
3.0%
2.3%
Cash ConversionOCF / Net Profit
1.29×
TTM Free Cash FlowTrailing 4 quarters
$-2.7M
$70.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARAY
ARAY
ROG
ROG
Q1 26
$5.8M
Q4 25
$-16.0M
$46.9M
Q3 25
$12.2M
$28.9M
Q2 25
$-9.7M
$13.7M
Q1 25
$18.1M
$11.7M
Q4 24
$1.8M
$33.7M
Q3 24
$-7.3M
$42.4M
Q2 24
$9.9M
$22.9M
Free Cash Flow
ARAY
ARAY
ROG
ROG
Q1 26
$1.1M
Q4 25
$-19.0M
$42.2M
Q3 25
$10.3M
$21.2M
Q2 25
$-11.0M
$5.6M
Q1 25
$17.1M
$2.1M
Q4 24
$927.0K
$18.3M
Q3 24
$-8.4M
$25.2M
Q2 24
$9.4M
$8.8M
FCF Margin
ARAY
ARAY
ROG
ROG
Q1 26
0.5%
Q4 25
-18.6%
20.9%
Q3 25
10.9%
9.8%
Q2 25
-8.6%
2.8%
Q1 25
15.1%
1.1%
Q4 24
0.8%
9.5%
Q3 24
-8.3%
12.0%
Q2 24
7.0%
4.1%
Capex Intensity
ARAY
ARAY
ROG
ROG
Q1 26
2.3%
Q4 25
3.0%
2.3%
Q3 25
2.0%
3.6%
Q2 25
1.0%
4.0%
Q1 25
0.8%
5.0%
Q4 24
0.8%
8.0%
Q3 24
1.1%
8.2%
Q2 24
0.3%
6.6%
Cash Conversion
ARAY
ARAY
ROG
ROG
Q1 26
1.29×
Q4 25
10.20×
Q3 25
3.36×
Q2 25
-8.64×
Q1 25
Q4 24
0.71×
Q3 24
3.96×
Q2 24
2.92×
2.83×

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%

ROG
ROG

Segment breakdown not available.

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