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Varex Imaging Corporation VREX Inventory write-downs

Inventory write-downs at other companies

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iRadimedIRMD
$15K+139%
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Methode ElectronicsMEI
$4.8M-63.1%
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Mirion TechnologiesMIR
$300K-40.0%

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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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

Reported directly by Varex Imaging Corporation in its filing.

Tagged under the XBRL concept us-gaap:InventoryWriteDown.

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 inventory write-downs?
Varex Imaging Corporation (VREX) reported inventory write-downs of $1.6M in Q1 2026.
How has Varex Imaging Corporation's inventory write-downs changed year-over-year?
Varex Imaging Corporation's inventory write-downs increased by 45.5% year-over-year, from $1.1M to $1.6M.
What is the long-term trend for Varex Imaging Corporation's inventory write-downs?
Over 3 years (2022 to 2025), Varex Imaging Corporation's inventory write-downs has grown at a -16.0% compound annual growth rate (CAGR), from $6.4M to $3.8M.
What does inventory write-downs mean?
This represents the non-cash charge taken to reduce the carrying value of inventory when its market value falls below cost due to obsolescence, damage, or declining demand. It serves as a key indicator of inventory management efficiency and potential risks in the supply chain or product lifecycle. High or frequent write-downs may signal poor demand forecasting or ineffective inventory control.