Varex Imaging (VREX)
Builds X-ray imaging components for medical, security, cargo, and industrial systems.
$18.48
After hours+0.01 (+0.05%)
At close$18.47(0.00%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Sep 2023 | Q1 FY24Dec 2023 | Q2 FY24Mar 2024 | Q3 FY24Jun 2024 | Q4 FY24Sep 2024 | Q1 FY25Jan 2025 | Q2 FY25Apr 2025 | Q3 FY25Jul 2025 | Q4 FY25Oct 2025 | Q1 FY26Jan 2026 | Q2 FY26Apr 2026 | Q3 FY26Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 227 | 190 | 206 | 209 | 206 | 200 | 213 | 203 | 229 | 210 | 216 | 211 |
| Cost of revenue | 149 | 133 | 140 | 142 | 139 | 131 | 136 | 136 | 151 | 140 | 143 | 134 |
| Gross profit | 78 | 57 | 66 | 67 | 67 | 69 | 77 | 68 | 78 | 70 | 73 | 77 |
| 54 | 53 | 58 | 58 | 56 | 57 | 55 | 148 | 58 | 54 | 58 | 54 | |
| Research & development | 22 | 21 | 23 | 22 | 22 | 24 | 22 | 21 | 24 | 22 | 22 | 23 |
| Selling, general & administrative | 32 | 32 | 36 | 36 | 34 | 34 | 33 | 33 | 34 | 33 | 36 | 31 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94 | 0 | 0 | 0 | 0 |
| Operating income | 24 | 4 | 8 | 9 | 11 | 11 | 22 | −81 | 20 | 15 | 14 | 23 |
| −23 | −5 | −5 | −9 | −8 | −9 | −11 | −6 | −6 | −12 | −21 | −7 | |
| Interest income | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 1 | 1 | 0 | 1 |
| Interest expense | 7 | 5 | 8 | 8 | 8 | 8 | 10 | 9 | 8 | 8 | 17 | 6 |
| Other non-operating income | 17 | −1 | 0 | 3 | 1 | 1 | 1 | −3 | −2 | 4 | 4 | 1 |
| Income before tax | 1 | −1 | 2 | 1 | 3 | 3 | 11 | −87 | 14 | 4 | −6 | 16 |
| Income tax expense | −31 | 0 | 1 | −1 | 52 | 3 | 4 | 3 | 2 | 1 | 2 | 0 |
| Net income from continuing operations | 32 | 0 | 2 | 2 | −50 | 0 | 7 | −89 | 12 | 2 | −8 | 16 |
| Net income | 32 | −1 | 1 | 1 | −50 | 0 | 7 | −89 | 12 | 2 | −8 | 16 |
| EPS, basic | $0.79 | −$0.01 | $0.03 | $0.03 | −$1.23 | −$0.01 | $0.17 | −$2.15 | $0.29 | $0.06 | −$0.19 | $0.37 |
| EPS, diluted | $0.63 | −$0.01 | $0.03 | $0.03 | −$1.23 | −$0.01 | $0.13 | −$2.15 | $0.29 | $0.05 | −$0.19 | $0.37 |
| Weighted average shares, basic | 40 | 41 | 41 | 41 | 41 | 41 | 41 | 42 | 42 | 42 | 42 | 42 |
| Weighted average shares, diluted | 51 | 41 | 41 | 41 | 41 | 41 | 51 | 42 | 42 | 42 | 42 | 43 |
| EBITDA | 16 | 14 | 17 | 14 | 17 | 18 | 28 | −71 | 29 | 19 | 18 | 22 |
| Depreciation & amortization | 9 | 9 | 9 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 0 |
| EBIT | 8 | 5 | 8 | 7 | 10 | 11 | 21 | −78 | 22 | 12 | 11 | 22 |
