Accuray vs Inmode
Accuray and Inmode are similar in size: $402m and $370m of revenue in their latest fiscal years. Inmode grew faster (-6.2% against -12.3%). Inmode kept more of each dollar of sales as profit: a net margin of 25.3% against -12.2%.
| Latest fiscal year | AccurayARAY, 2026 | InmodeINMD, 2025 |
|---|---|---|
| Revenue | $402m | $370m |
| Revenue growth | -12.3% | -6.2% |
| Net income | −$49.2m | $93.8m |
| Operating margin | -6.6% | — |
| Net margin | -12.2% | 25.3% |
| Return on equity | -80.1% | 13.5% |
| Free cash flow | −$12.8m | $84.3m |
| Cash | $40.6m | $303m |
| Total debt | $182m | $0 |
| Debt to equity | 436.4% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $127m |
| Employees | 809 | — |
| Market value | $17.3m | $893m |
| Price vs our value range | — | Below our value range |
| Moat score | 26 (Weak) | — |
| Insider trades, 12 months | 4 buys, 0 sales | 0 buys, 0 sales |