Varex Imaging Corporation (VREX)

NASDAQ: VREX · Real-Time Price · USD

18.46

+6.05 (48.75%)

At close: Aug 10, 2026, 4:00 PM EDT

18.43

-0.03 (-0.16%)

Pre-market: Aug 11, 2026, 7:06 AM EDT

Varex Imaging Financials Overview

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

Millions USD. Fiscal year is Nov - Oct.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 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	865	844.6	811	893.4	859.4	818.1
Revenue Growth	5.31%	4.14%	-9.22%	3.96%	5.05%	10.81%
Gross Profit	296.9	290.5	256.9	290.3	283.5	271.5
Operating Income	72.2	-27.8	32.1	77.1	88.2	74.1
Net Income	22.1	-70.3	-48.8	47.4	30.3	17.4
Earnings Per Share	0.52	-1.70	-1.20	1.18	0.73	0.43
EPS Growth	-	-	-	61.64%	69.77%	-

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Medical	592.6	581.7	673.3	674.7	643.8
Industrial	252	229.3	220.1	184.7	174.3
Total	844.6	811	893.4	859.4	818.1

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 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
Cash & Investments	99.2	155.1	200.5	193.9	89.4	144.6
Total Debt	373.6	395.9	470.4	469.5	436.4	459.4
Net Cash (Debt)	-274.4	-240.8	-269.9	-275.6	-347	-314.8
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.51	-5.82	-6.62	-5.48	-8.34	-7.81

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 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
Operating Cash Flow	11.3	41.7	47.3	108.4	16.9	92.6
Capital Expenditures	-31.5	-22.9	-26.9	-20.7	-21.3	-15.1
Free Cash Flow	-20.2	18.8	20.4	87.7	-4.4	77.5
Free Cash Flow Growth	-	-7.84%	-76.74%	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 3, 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
Gross Margin	34.32%	34.39%	31.68%	32.49%	32.99%	33.19%
Operating Margin	8.35%	-3.29%	3.96%	8.63%	10.26%	9.06%
Pretax Margin	3.20%	-7.01%	0.62%	3.50%	5.18%	3.50%
Profit Margin	2.60%	-8.28%	-5.96%	5.36%	3.58%	2.19%
FCF Margin	-2.34%	2.23%	2.52%	9.82%	-0.51%	9.47%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 11, 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
PE Ratio	35.50	-	-	15.92	28.96	66.47
Forward PE	18.34	15.56	21.77	13.82	15.90	21.54
P/FCF Ratio	-	26.48	24.01	8.68	-	14.54
PS Ratio	0.90	0.59	0.60	0.85	0.99	1.38