ViewRay, Inc. designs, manufactures, and markets the MRIdian radiation therapy system to address the key limitations of existing external-beam radiation therapy technologies. MRIdian employs MRI-based technology to provide real-time imaging that clearly defines the targeted tumor from the surrounding soft tissue and other critical organs during radiation treatment. MRIdian allows physicians to record the level of radiation exposure that the tumor has received and adapt the prescription as needed. The Company believes this combination of enhanced visualization, on-line adapting and accurate dose recording will significantly improve the safety and efficacy of radiation therapy, leading to better outcomes for patients.
Oakwood Village, US
Size (employees)
106 (est)
ViewRay was founded in 2004 and is headquartered in Oakwood Village, US

Key People/Management at ViewRay

Chris Raanes

Chris Raanes

President and CEO
Gopinath Kuduvalli

Gopinath Kuduvalli

Vice President of Engineering
Stephen Strunk

Stephen Strunk

Vice President of Manufacturing

ViewRay Office Locations

ViewRay has offices in Oakwood Village, Cleveland and Mountain View
Oakwood Village, US (HQ)
2 Thermo Fisher Way
Cleveland, US
2 Thermo Fisher Way
Mountain View, US
800 West El Camino Real
Mountain View, US
815 E Middlefield Rd
Show all (4)

ViewRay Financials and Metrics

ViewRay Financials

ViewRay's revenue was reported to be $22.2 m in FY, 2016

Revenue (Q2, 2017)

698 k

Gross profit (Q2, 2017)

(128 k)

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

(8.4 m)

EBIT (Q2, 2017)

(12.7 m)

Market capitalization (22-Dec-2017)

301.2 m

Cash (30-Jun-2017)

53.9 m


291.7 m
ViewRay's current market capitalization is $301.2 m.
USDFY, 2014FY, 2015FY, 2016


6.4 m10.4 m22.2 m

Revenue growth, %


Cost of goods sold

9.2 m14.5 m25.9 m

Gross profit

(2.8 m)(4.2 m)(3.6 m)
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


5.3 m5.5 m299 k357 k1.2 m698 k

Cost of goods sold

6.1 m6.5 m863 k1.2 m1 m826 k

Gross profit

(775 k)(1.1 m)(564 k)(826 k)185 k(128 k)

Gross profit Margin, %

USDFY, 2014FY, 2015FY, 2016


11.1 m20.7 m14.2 m

Accounts Receivable

904 k830 k4.2 m


8.2 m8.1 m8.1 m

Current Assets

28.4 m43.6 m35.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


32.1 m5.7 m9.4 m14.6 m49.3 m53.9 m

Accounts Receivable

1 k830 k1.7 m300 k3.3 m1.8 m


2.5 k2.5 k2.5 k9.6 m11.9 m11.2 m10.4 m10.2 m15.4 m

Current Assets

52.3 m26.5 m34.5 m42.6 m78.2 m92.9 m
USDFY, 2014FY, 2015FY, 2016

Net Income

(33.8 m)(45 m)(50.6 m)

Depreciation and Amortization

1 m1.3 m1.7 m

Accounts Receivable

74 k(3.4 m)


(703 k)(1.7 m)
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(1.6 k)(30.9 m)(14.1 m)(28 m)

Depreciation and Amortization

913 k

Accounts Receivable

903 k830 k1.7 m300 k3.3 m


2.5 k(2.4 m)11.9 m11.2 m10.4 m10.2 m
Y, 2017


-22.9 x
Show all financial metrics

ViewRay Operating Metrics

ViewRay's Backlog was reported to be 133.2 m in FY, 2016
FY, 2016


133.2 m

Patents (foreign)


Patents (US)


Patents Pending

Show all operating metrics

ViewRay Market Value History

ViewRay Revenue Breakdown

ViewRay Median Salaries

Source: 17 public H-1B filings from ViewRay

ViewRay's Web-traffic and Trends

ViewRay Online and Social Media Presence

ViewRay Company Life and Culture

You may also be interested in