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Varex Imaging Corporation VREX Q4 2025 Annual earnings

Reported November 18, 2025 · After market close

Revenue$228.9MBeat by $23.1M
EPS$0.37Beat by $0.19
Revenue estimate$205.8M
EPS estimate$0.18

Next report

Nov 17, 2026 (in 2 months)
Revenue estimate$229.8M
EPS estimate$0.33

Financials

Q4 2025

Income statement

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Revenue$228.9M+11.3%
Gross profit$77.8M+15.9%

Balance sheet

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Cash & equivalents$147.1M-13.7%
Total debt$401.9M-15.7%
Total equity$472.6M-10.7%
Total assets$1.1B-8.8%

Cash flow

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Operating cash flow$7.9M-69.5%
CapEx$5.6M-6.7%
Free cash flow$2.3M-88.4%

Valuation & ratios

Valuation

as of 10/03/25
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Market cap$485.38M-9.6%
Enterprise value$740.18M-12.2%
P/S0.6×-0.1×

Profitability

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Gross margin34.4%+2.7pp
FCF margin2.2%-0.3pp

Returns & leverage

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Debt / equity0.9×-0.1×
Current ratio3.4×+0.1×

Segments

By geography

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Other$93.8M+3.6%
EMEA$83.1M+15.9%
APAC$74.1M+8.5%
Americas$71.7M+9.1%

By segment

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Medical$152.1M+5.3%
Industrial$76.8M+25.3%

FAQ

When did Varex Imaging Corporation report Q4 2025 earnings?
Varex Imaging Corporation (VREX) reported Q4 2025 earnings on November 18, 2025 after market close.
What were Varex Imaging Corporation's Q4 2025 revenue and EPS?
Varex Imaging Corporation reported revenue of $228.9M and eps of $0.37 for Q4 2025.
Did Varex Imaging Corporation beat estimates in Q4 2025?
Revenue beat the consensus estimate of $205.8M by $23.1M. EPS beat the consensus estimate of $0.18 by $0.19.
How did Varex Imaging Corporation's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 11.3% from $205.7M a year earlier and eps grew 94.7% from $0.19.
Where can I find Varex Imaging Corporation's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001681622-25-000106) and the 10-K periodic report (0001681622-25-000108) directly on SEC EDGAR. The filing index links above go to sec.gov.