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Varex Imaging Corporation VREX Industrial — Cost of revenues

Other segment segments

Medical
$85.7M-10.2%

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Other financials

Income statement

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Revenue$210.5M+3.7%
Gross profit$76.7M+13.6%
Operating income$22.8M+128%
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$778.02M+91.8%
Enterprise value$1.06B+59.1%
P/S0.9×+0.4×

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:CostOfGoodsAndServicesSold.

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)Three Months Ended / July 3, 2026Three Months Ended / July 4, 2025Nine Months Ended / July 3, 2026Nine Months Ended / July 4, 2025
Total revenues, net210.5203.0636.1615.7
Cost of revenues
Medical85.795.4290.1288.4
Industrial48.140.1126.9114.6
Total cost of revenues133.8135.5417.0403.0
Gross profit
Medical48.346.7144.9152.1
Industrial28.420.874.260.6

Item 1. Unaudited Financial Statements

FAQ

What is Varex Imaging Corporation's industrial — cost of revenues?
Varex Imaging Corporation (VREX) reported industrial — cost of revenues of $48.1M in Q2 2026.
How has Varex Imaging Corporation's industrial — cost of revenues changed year-over-year?
Varex Imaging Corporation's industrial — cost of revenues increased by 20.0% year-over-year, from $40.1M to $48.1M.
What is the long-term trend for Varex Imaging Corporation's industrial — cost of revenues?
Over 2 years (2023 to 2025), Varex Imaging Corporation's industrial — cost of revenues has grown at a 9.3% compound annual growth rate (CAGR), from $135.3M to $161.6M.
What does industrial — cost of revenues mean?
The direct costs incurred to produce and deliver the industrial segment's products, including materials, labor, and manufacturing overhead. This metric is critical for evaluating the production efficiency and cost management of the industrial business. Changes in this figure relative to revenue highlight shifts in manufacturing margins.

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