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Side-by-side financial comparison of ACCURAY INC (ARAY) and Vitesse Energy, Inc. (VTS). Click either name above to swap in a different company.

ACCURAY INC is the larger business by last-quarter revenue ($102.2M vs $58.6M, roughly 1.7× Vitesse Energy, Inc.). Vitesse Energy, Inc. runs the higher net margin — -1.3% vs -13.5%, a 12.2% gap on every dollar of revenue. On growth, Vitesse Energy, Inc. posted the faster year-over-year revenue change (4.8% vs -12.0%). Over the past eight quarters, ACCURAY INC's revenue compounded faster (0.5% CAGR vs -2.1%).

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 ...

Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.

ARAY vs VTS — Head-to-Head

Bigger by revenue
ARAY
ARAY
1.7× larger
ARAY
$102.2M
$58.6M
VTS
Growing faster (revenue YoY)
VTS
VTS
+16.8% gap
VTS
4.8%
-12.0%
ARAY
Higher net margin
VTS
VTS
12.2% more per $
VTS
-1.3%
-13.5%
ARAY
Faster 2-yr revenue CAGR
ARAY
ARAY
Annualised
ARAY
0.5%
-2.1%
VTS

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ARAY
ARAY
VTS
VTS
Revenue
$102.2M
$58.6M
Net Profit
$-13.8M
$-739.0K
Gross Margin
23.5%
Operating Margin
-11.3%
-12.0%
Net Margin
-13.5%
-1.3%
Revenue YoY
-12.0%
4.8%
Net Profit YoY
-642.8%
85.6%
EPS (diluted)
$-0.11
$-0.01

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
VTS
VTS
Q4 25
$102.2M
$58.6M
Q3 25
$93.9M
$67.4M
Q2 25
$127.5M
$81.8M
Q1 25
$113.2M
$66.2M
Q4 24
$116.2M
$55.9M
Q3 24
$101.5M
$58.3M
Q2 24
$134.3M
$66.6M
Q1 24
$101.1M
$61.2M
Net Profit
ARAY
ARAY
VTS
VTS
Q4 25
$-13.8M
$-739.0K
Q3 25
$-21.7M
$-1.3M
Q2 25
$1.1M
$24.7M
Q1 25
$-1.3M
$2.7M
Q4 24
$2.5M
$-5.1M
Q3 24
$-4.0M
$17.4M
Q2 24
$3.4M
$10.9M
Q1 24
$-6.3M
$-2.2M
Gross Margin
ARAY
ARAY
VTS
VTS
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%
Q1 24
28.7%
Operating Margin
ARAY
ARAY
VTS
VTS
Q4 25
-11.3%
-12.0%
Q3 25
-12.0%
0.2%
Q2 25
3.3%
22.8%
Q1 25
0.9%
8.1%
Q4 24
4.1%
3.7%
Q3 24
-2.1%
15.4%
Q2 24
5.1%
25.2%
Q1 24
-4.5%
21.4%
Net Margin
ARAY
ARAY
VTS
VTS
Q4 25
-13.5%
-1.3%
Q3 25
-23.1%
-1.9%
Q2 25
0.9%
30.2%
Q1 25
-1.1%
4.0%
Q4 24
2.2%
-9.2%
Q3 24
-3.9%
29.9%
Q2 24
2.5%
16.4%
Q1 24
-6.3%
-3.6%
EPS (diluted)
ARAY
ARAY
VTS
VTS
Q4 25
$-0.11
$-0.01
Q3 25
$-0.18
$-0.03
Q2 25
$0.01
$0.60
Q1 25
$-0.01
$0.08
Q4 24
$0.02
$-0.15
Q3 24
$-0.04
$0.53
Q2 24
$0.03
$0.33
Q1 24
$-0.06
$-0.07

Balance Sheet & Financial Strength

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

Metric
ARAY
ARAY
VTS
VTS
Cash + ST InvestmentsLiquidity on hand
$41.3M
Total DebtLower is stronger
$135.9M
Stockholders' EquityBook value
$53.4M
$629.3M
Total Assets
$448.0M
$893.4M
Debt / EquityLower = less leverage
2.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARAY
ARAY
VTS
VTS
Q4 25
$41.3M
Q3 25
$63.3M
Q2 25
$57.4M
Q1 25
$77.8M
$4.5M
Q4 24
$62.6M
$3.0M
Q3 24
$59.2M
Q2 24
$68.6M
Q1 24
$60.5M
Total Debt
ARAY
ARAY
VTS
VTS
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
VTS
VTS
Q4 25
$53.4M
$629.3M
Q3 25
$61.9M
$650.3M
Q2 25
$81.2M
$671.9M
Q1 25
$49.6M
$667.7M
Q4 24
$47.9M
$500.3M
Q3 24
$45.2M
$520.4M
Q2 24
$45.1M
$518.5M
Q1 24
$41.1M
$522.7M
Total Assets
ARAY
ARAY
VTS
VTS
Q4 25
$448.0M
$893.4M
Q3 25
$456.8M
$932.9M
Q2 25
$470.2M
$951.5M
Q1 25
$484.3M
$975.2M
Q4 24
$478.4M
$810.9M
Q3 24
$473.1M
$791.2M
Q2 24
$468.6M
$778.4M
Q1 24
$462.5M
$749.7M
Debt / Equity
ARAY
ARAY
VTS
VTS
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
VTS
VTS
Operating Cash FlowLast quarter
$-16.0M
$37.4M
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
VTS
VTS
Q4 25
$-16.0M
$37.4M
Q3 25
$12.2M
$49.4M
Q2 25
$-9.7M
$66.0M
Q1 25
$18.1M
$17.5M
Q4 24
$1.8M
$34.7M
Q3 24
$-7.3M
$45.7M
Q2 24
$9.9M
$35.2M
Q1 24
$-8.1M
$39.4M
Free Cash Flow
ARAY
ARAY
VTS
VTS
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
Q1 24
$-8.9M
FCF Margin
ARAY
ARAY
VTS
VTS
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%
Q1 24
-8.8%
Capex Intensity
ARAY
ARAY
VTS
VTS
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%
Q1 24
0.8%
Cash Conversion
ARAY
ARAY
VTS
VTS
Q4 25
Q3 25
Q2 25
-8.64×
2.68×
Q1 25
6.56×
Q4 24
0.71×
Q3 24
2.62×
Q2 24
2.92×
3.22×
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%

VTS
VTS

Oil Reserves$54.5M93%
Natural Gas Reserves$4.2M7%

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