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Discontinued — last reported Q2 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

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$471.62M+59.8%
Enterprise value$764.52M+38.2%
P/S0.6×+0.2×

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 source filing: Varex Imaging Corporation’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 4:22 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001681622-26-000052

FAQ

What is Varex Imaging Corporation's net debt?
Varex Imaging Corporation (VREX) reported net debt of $292.9M in Q1 2026.
How has Varex Imaging Corporation's net debt changed year-over-year?
Varex Imaging Corporation's net debt increased by 10.9% year-over-year, from $264.2M to $292.9M.
What is the long-term trend for Varex Imaging Corporation's net debt?
Over 5 years (2020 to 2025), Varex Imaging Corporation's net debt has grown at a -7.8% compound annual growth rate (CAGR), from $383M to $254.8M.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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