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Varex Imaging Corporation VREX Medical — Gross Profit

Other segment segments

Industrial
$22M+5.8%

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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:GrossProfit.

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 medical — gross profit?
Varex Imaging Corporation (VREX) reported medical — gross profit of $50.6M in Q1 2026.
How has Varex Imaging Corporation's medical — gross profit changed year-over-year?
Varex Imaging Corporation's medical — gross profit decreased by 9.5% year-over-year, from $55.9M to $50.6M.
What is the long-term trend for Varex Imaging Corporation's medical — gross profit?
Over 4 years (2021 to 2025), Varex Imaging Corporation's medical — gross profit has grown at a -0.4% compound annual growth rate (CAGR), from $203.2M to $200.1M.
What does medical — gross profit mean?
The residual profit remaining after deducting the direct cost of revenues from the medical segment's net sales. It measures the fundamental profitability of the segment's manufacturing and service operations before accounting for operating expenses.