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Segments

By segment

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Medical$50.6M-9.5%
Industrial$22M+5.8%

Other financials

Income statement

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Revenue$216.0M+1.5%
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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Gross margin33.6%-0.2pp
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.

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 profit?
Varex Imaging Corporation (VREX) reported gross profit of $72.6M in Q1 2026.
How has Varex Imaging Corporation's gross profit changed year-over-year?
Varex Imaging Corporation's gross profit decreased by 5.3% year-over-year, from $76.7M to $72.6M.
What is the long-term trend for Varex Imaging Corporation's gross profit?
Over 4 years (2021 to 2025), Varex Imaging Corporation's gross profit has grown at a 1.7% compound annual growth rate (CAGR), from $271.5M to $290.5M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.