Varex Imaging Income Statement

Financials in millions USD. Fiscal year is November - October.

Millions USD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 2, 2026	Oct '25 Oct 3, 2025	Sep '24 Sep 27, 2024	Sep '23 Sep 29, 2023	Sep '22 Sep 30, 2022	Oct '21 Oct 1, 2021
Revenue	854.4	844.6	811	893.4	859.4	818.1
Revenue Growth (YoY)	4.09%	4.14%	-9.22%	3.96%	5.05%	10.81%
Cost of Revenue	562.6	554.1	554.1	603.1	575.9	546.6
Gross Profit	291.8	290.5	256.9	290.3	283.5	271.5
Selling, General & Admin	132.2	133.3	137.8	128.4	118.3	125.5
Research & Development	89.3	91.1	87	84.8	77	71.9
Other Operating Expenses	93.9	93.9	-	-	-	-
Total Operating Expenses	315.4	318.3	224.8	213.2	195.3	197.4
Operating Income	-23.6	-27.8	32.1	77.1	88.2	74.1
Interest Income	7	8.5	7.3	3.7	0.4	0.1
Interest Expense	-35.4	-35.5	-30.2	-29.3	-39.8	-42.1
Other Non-Operating Income (Expense)	-5.9	-4.4	-4.2	-20.2	-4.3	-3.5
Total Non-Operating Income (Expense)	-34.3	-31.4	-27.1	-45.8	-43.7	-45.5
Pretax Income	-57.9	-59.2	5	31.3	44.5	28.6
Provision for Income Taxes	9.5	10.7	53.3	-16.6	13.7	10.7
Net Income	-67.7	-70.3	-48.8	47.4	30.3	17.4
Minority Interest in Earnings	0.3	0.4	0.5	0.5	0.5	0.5
Net Income to Common	-67.7	-70.3	-48.8	47.4	30.3	17.4
Net Income Growth	-	-	-	56.44%	74.14%	-
Shares Outstanding (Basic)	42	41	41	40	40	39
Shares Outstanding (Diluted)	44	41	41	50	42	40
Shares Change (YoY)	7.54%	1.47%	-18.89%	20.91%	3.23%	3.87%
EPS (Basic)	-1.63	-1.70	-1.20	1.18	0.76	0.44
EPS (Diluted)	-1.64	-1.70	-1.20	1.18	0.73	0.43
EPS Growth	-	-	-	61.64%	69.77%	-
Free Cash Flow	-13.3	18.8	20.4	87.7	-4.4	77.5
Free Cash Flow Growth	-	-7.84%	-76.74%	-	-	-
Free Cash Flow Per Share	-0.30	0.45	0.50	1.74	-0.11	1.92
Gross Margin	34.15%	34.39%	31.68%	32.49%	32.99%	33.19%
Operating Margin	-2.76%	-3.29%	3.96%	8.63%	10.26%	9.06%
Profit Margin	-7.89%	-8.28%	-5.96%	5.36%	3.58%	2.19%
FCF Margin	-1.56%	2.23%	2.52%	9.82%	-0.51%	9.47%
EBITDA	3.3	-0.6	63.2	110.3	121.8	111.4
EBITDA Margin	0.39%	-0.07%	7.79%	12.35%	14.17%	13.62%
EBIT	-23.6	-27.8	32.1	77.1	88.2	74.1
EBIT Margin	-2.76%	-3.29%	3.96%	8.63%	10.26%	9.06%
Effective Tax Rate	-16.41%	-18.07%	1066.00%	-53.04%	30.79%	37.41%

Updated Jan 2, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q