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Other financials

Income statement

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Revenue$210.5M+3.7%
Gross profit$76.7M+13.6%
Net income$15.7M+118%
EPS (diluted)$0.37+117%

Balance sheet

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Cash & equivalents$101.1M-27.0%
Total debt$378.9M-4.4%
Total equity$496.6M+9.1%
Total assets$1.1B+2.5%

Cash flow

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Operating cash flow$21.0M+173%
CapEx$9.0M+42.9%
Free cash flow-$7.7M-179%

Valuation

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Market cap$523.04M+91.8%
Enterprise value$800.84M+59.1%
P/S0.6×+0.3×

Profitability

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Gross margin34.3%+0.3pp
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×-0.1×
Current ratio3.4×-0.1×

Where this comes from

Reported directly by Varex Imaging Corporation in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Varex Imaging Corporation’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:51 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001681622-26-000063
(In millions, except per share amounts)Three Months Ended / July 3, 2026Three Months Ended / July 4, 2025Nine Months Ended / July 3, 2026Nine Months Ended / July 4, 2025
Selling, general, and administrative30.632.999.399.3
Impairment of goodwill93.993.9
Total operating expenses53.9148.2166.5260.1
Operating income (loss)22.8(80.7)52.6(47.4)
Interest income0.92.51.97.5
Interest expense(5.8)(9.4)(30.9)(27.6)
Other (expense) income, net(1.7)1.0(10.0)(5.8)
Interest and other expense, net(6.6)(5.9)(39.0)(25.9)

Item 1. Unaudited Financial Statements

FAQ

What is Varex Imaging Corporation's operating income?
Varex Imaging Corporation (VREX) reported operating income of $22.8M in Q2 2026.
How has Varex Imaging Corporation's operating income changed year-over-year?
Varex Imaging Corporation's operating income increased by 128.3% year-over-year, from -$80.7M to $22.8M.
What is the long-term trend for Varex Imaging Corporation's operating income?
Over 3 years (2021 to 2024), Varex Imaging Corporation's operating income has grown at a -24.3% compound annual growth rate (CAGR), from $74.1M to $32.1M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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