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Other financials

Income statement

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Revenue$216.0M+1.5%
Gross profit$72.6M-5.3%
Operating income$14.4M-34.8%
Net income-$8.1M-217%
EPS (diluted)-$0.19-212%

Balance sheet

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Cash & equivalents$87.7M-73.6%
Total debt$380.6M-36.2%
Total equity$474.2M-13.7%
Total assets$1.1B-19.8%

Cash flow

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Operating cash flow-$1.5M-109%
CapEx$6.2M-8.8%
Free cash flow-$7.7M-179%

Valuation

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Market cap$433.69M+34.8%
Enterprise value$726.59M+24.0%
P/S0.5×+0.1×

Profitability

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Operating margin-4.4%-9.9pp
Net margin-16.3%-20.3pp
FCF margin-3.6%-8.2pp

Returns & leverage

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Return on equity-25.8%-31.8pp
Debt / equity0.8×-0.3×
Current ratio3.2×-0.8×

Where this comes from

Calculated from Varex Imaging Corporation’s reported figures.

Based on trailing twelve months.

The official record: Varex Imaging Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Varex Imaging Corporation's gross margin?
Varex Imaging Corporation (VREX) reported gross margin of 33.6% in Q1 2026.
How has Varex Imaging Corporation's gross margin changed year-over-year?
Varex Imaging Corporation's gross margin decreased by 0.6% year-over-year, from 33.7% to 33.6%.
What is the long-term trend for Varex Imaging Corporation's gross margin?
Over 5 years (2020 to 2025), Varex Imaging Corporation's gross margin has grown at a 6.0% compound annual growth rate (CAGR), from 25.8% to 34.4%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.