Varex Imaging Corp $VREX

Health Care

$18.44
+0.04 (+0.22%)
As of Oct 20, 2026, 12:57 PM EDT
Price history
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Varex Imaging Corp (VREX) is trading up at $18.44 (+0.22%), as of the latest quote. It is a Russell 2000 constituent in the Health Care sector.

Varex Imaging Corp revenue & net income history (FY2016–FY2025)

RevenueNet incomeNet margin (right axis, %)
$893.4M$411.6M−$70.3MFY2016 revenue: $620.1MFY2016 net income: $68.5M · Net margin 11.0%'16FY2017 revenue: $698.1MFY2017 net income: $51.6M · Net margin 7.4%'17FY2018 revenue: $773.4MFY2018 net income: $27.5M · Net margin 3.6%'18FY2019 revenue: $780.6MFY2019 net income: $15.5M · Net margin 2.0%'19FY2020 revenue: $738.3MFY2020 net income: −$57.9M · Net margin −7.8%'20FY2021 revenue: $818.1MFY2021 net income: $17.4M · Net margin 2.1%'21FY2022 revenue: $859.4MFY2022 net income: $30.3M · Net margin 3.5%'22FY2023 revenue: $893.4MFY2023 net income: $47.4M · Net margin 5.3%'23FY2024 revenue: $811.0MFY2024 net income: −$48.8M · Net margin −6.0%'24FY2025 revenue: $844.6MFY2025 net income: −$70.3M · Net margin −8.3%'250%10%20%30%FY2016 net margin: 11.0%FY2017 net margin: 7.4%FY2018 net margin: 3.6%FY2019 net margin: 2.0%FY2020 net margin: −7.8% (off the scale, which stops at −2.4%)FY2021 net margin: 2.1%FY2022 net margin: 3.5%FY2023 net margin: 5.3%FY2024 net margin: −6.0% (off the scale, which stops at −2.4%)FY2025 net margin: −8.3% (off the scale, which stops at −2.4%)
Varex Imaging Corp annual financial statements
FY2016Sep 2016FY2017Sep 2017FY2018Sep 2018FY2019Sep 2019FY2020Oct 2020FY2021Oct 2021FY2022Sep 2022FY2023Sep 2023FY2024Sep 2024FY2025Oct 2025
Income statement
Revenue$620.1M$698.1M$773.4M$780.6M$738.3M$818.1M$859.4M$893.4M$811.0M$844.6M
Growth (year over year)−1.9%+12.6%+10.8%+0.9%−5.4%+10.8%+5.0%+4.0%−9.2%+4.1%
Gross profit$248.4M$253.5M$253.9M$256.7M$190.2M$271.5M$283.5M$290.3M$256.9M$290.5M
Gross margin40.1%36.3%32.8%32.9%25.8%33.2%33.0%32.5%31.7%34.4%
Operating income$109.1M$83.7M$44.5M$45.7M−$33.7M$74.1M$88.2M$77.1M$32.1M−$27.8M
Operating margin17.6%12.0%5.8%5.9%−4.6%9.1%10.3%8.6%4.0%−3.3%
Net income$68.5M$51.6M$27.5M$15.5M−$57.9M$17.4M$30.3M$47.4M−$48.8M−$70.3M
Net margin11.0%7.4%3.6%2.0%−7.8%2.1%3.5%5.3%−6.0%−8.3%
EPS (diluted)$1.82$1.36$0.72$0.40−$1.49$0.43$0.73$1.07−$1.20−$1.70
Balance sheet
Cash and equivalents$36.5M$83.3M$51.9M$29.9M$100.6M$144.6M$89.4M$152.6M$168.7M$145.0M
Total assets$622.4M$1.04B$987.9M$1.04B$1.14B$1.15B$1.18B$1.25B$1.21B$1.11B
Total liabilities$86.1M$649.9M$548.5M$580.2M$673.7M$651.0M$637.7M$668.6M$670.4M$620.8M
Long-term debt$0$463.9M$364.8M$364.4M$452.8M$431.7M$412.3M$441.1M$397.1M$366.0M
Shareholders' equity$526.0M$379.0M$426.2M$444.9M$451.7M$483.3M$533.4M$567.7M$529.1M$472.6M
Cash flow
Operating cash flow$74.2M$75.2M$85.3M$71.9M$13.2M$92.6M$16.9M$108.4M$47.3M$41.7M
Capital expenditure$28.9M$20.2M$20.4M$19.8M$23.5M$15.1M$21.3M$20.7M$26.9M$22.9M
Free cash flow$45.3M$55.0M$64.9M$52.1M−$10.3M$77.5M−$4.40M$87.7M$20.4M$18.8M

From Varex Imaging Corp's 10-K and 10-Q filings with the SEC; its fiscal year ends in October. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Varex Imaging Corp

Headquarters
Salt Lake City, Utah From SEC filings, Oct 2026

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