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Varex Imaging Corporation VREX Medical — Foreign currency translation adjustments

Other segment segments

Industrial
-$100K-111%

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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 medical — foreign currency translation adjustments?
Varex Imaging Corporation (VREX) reported medical — foreign currency translation adjustments of -$100K in Q2 2026.
How has Varex Imaging Corporation's medical — foreign currency translation adjustments changed year-over-year?
Varex Imaging Corporation's medical — foreign currency translation adjustments decreased by 108.3% year-over-year, from $1.2M to -$100K.
What does medical — foreign currency translation adjustments mean?
Reflects the net gains or losses resulting from translating the financial statements of foreign medical segment operations into the reporting currency. It highlights the impact of exchange rate volatility on the segment's international business activities.

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