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Varex Imaging Corporation VREX Industrial — Foreign currency translation adjustments

Other segment segments

Medical
-$100K-108%

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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:GoodwillForeignCurrencyTranslationGainLoss.

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)MedicalIndustrialTotal
Balance at October 3, 2025$79.8$118.6$198.4
Foreign currency translation adjustments(0.3)(0.5)(0.8)
Balance at July 3, 2026$79.5$118.1$197.6
MedicalIndustrialTotal
Balance at July 3, 2026
Goodwill$173.4$118.1$291.5
Accumulated impairment losses(93.9)(93.9)
Total goodwill$79.5$118.1$197.6

Item 1. Unaudited Financial Statements

FAQ

What is Varex Imaging Corporation's industrial — foreign currency translation adjustments?
Varex Imaging Corporation (VREX) reported industrial — foreign currency translation adjustments of -$100K in Q2 2026.
How has Varex Imaging Corporation's industrial — foreign currency translation adjustments changed year-over-year?
Varex Imaging Corporation's industrial — foreign currency translation adjustments decreased by 111.1% year-over-year, from $900K to -$100K.
What does industrial — foreign currency translation adjustments mean?
Reflects the impact of exchange rate fluctuations on the financial results of the industrial segment's international operations. This adjustment accounts for the conversion of foreign-denominated financial statements into the reporting currency. It provides insight into the segment's exposure to global currency volatility.

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