Varex Imaging Corp
VREXNasdaq
$10.55
↓ -2.0%Jul 17 close · end-of-day
Price
1Y↑ +35.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$443.1M
Enterprise Value
$702.4M
P/E
—
P/S
0.5
P/B
0.9
EV/EBITDA
—
PEG
—
FCF Yield
-7.0%
Dividend Yield
—
Revenue (TTM)
$857.5M
Net Income (TTM)
-$82.7M
Free Cash Flow (TTM)
-$30.8M
Gross Margin
33.6%
Operating Margin
-3.6%
Net Margin
-9.6%
ROE
-17.4%
ROIC
-3.4%
Debt / Equity
0.7
Net Cash
-$259.3M
Return 1Y
+34.4%
Company profile
Varex Imaging Corporation designs and manufactures X-ray imaging components. The company operates in two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-rays tubes, digital detectors, high voltage connectors, image-processing software and workstations, 3D reconstruction and computer-aided diagnostic software.
- CEO
- Sunny S. Sanyal
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 2,300
- Headquarters
- Utah
- Website
- vareximaging.com
Earnings
VREX Q2 2026 Earnings
Period ends 2026-04-03
MetricActualYoY
Revenue$216.0M↑ +1.5%
Diluted EPS-$0.19↓ -211.8%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $738.3M | $818.1M | $859.4M | $893.4M | $811.0M | $844.6M |
| Gross profit | $190.2M | $271.5M | $283.5M | $290.3M | $256.9M | $290.5M |
| Operating income | -$33.7M | $74.1M | $88.2M | $77.1M | $32.1M | -$27.8M |
| Net income | -$57.9M | $17.4M | $30.3M | $47.4M | -$48.8M | -$70.3M |
| Diluted EPS | -$1.49 | $0.43 | $0.73 | $1.07 | -$1.20 | -$1.70 |
| Operating cash flow | $13.2M | $92.6M | $16.9M | $108.4M | $47.3M | $41.7M |
| Free cash flow | -$10.3M | $77.5M | -$4.4M | $87.7M | $20.4M | $18.8M |
| Gross margin | 25.8% | 33.2% | 33.0% | 32.5% | 31.7% | 34.4% |
| Operating margin | -4.6% | 9.1% | 10.3% | 8.6% | 4.0% | -3.3% |
| Net margin | -7.8% | 2.1% | 3.5% | 5.3% | -6.0% | -8.3% |
| Line item | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $209.1M | $205.7M | $199.8M | $212.9M | $203.0M | $228.9M | $209.6M | $216.0M |
| Gross profit | $66.9M | $67.1M | $68.5M | $76.7M | $67.5M | $77.8M | $69.8M | $72.6M |
| Operating income | $9.3M | $10.9M | $11.2M | $22.1M | -$80.7M | $19.6M | $15.4M | $14.4M |
| Net income | $1.4M | -$51.1M | -$300,000.00 | $6.9M | -$89.1M | $12.2M | $2.3M | -$8.1M |
| Diluted EPS | $0.03 | -$1.25 | -$0.01 | $0.17 | -$2.15 | $0.29 | $0.05 | -$0.19 |
| Operating cash flow | $8.0M | $25.9M | $9.5M | $16.6M | $7.7M | $7.9M | -$16.1M | -$1.5M |
| Free cash flow | $3.3M | $19.9M | $5.3M | $9.8M | $1.4M | $2.3M | -$26.8M | -$7.7M |
| Gross margin | 32.0% | 32.6% | 34.3% | 36.0% | 33.3% | 34.0% | 33.3% | 33.6% |
| Operating margin | 4.4% | 5.3% | 5.6% | 10.4% | -39.8% | 8.6% | 7.3% | 6.7% |
| Net margin | 0.7% | -24.8% | -0.2% | 3.2% | -43.9% | 5.3% | 1.1% | -3.8% |
Company news
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.