Varex Imaging Quarterly Income Statement
NASDAQ: VREXTechnologyIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Varex Imaging revenue and earnings
In the quarter ended Jul 3, 2026, Varex Imaging generated $210.5 million in revenue, up 3.7% from the same quarter a year earlier. Net income was $15.7 million, for a net margin of 7.5% versus a median of 1.1% in the prior 5 quarters. Gross margin was 36.4% (up from 33.3%) and operating margin 10.8%.
Diluted earnings per share came in at $0.37.
Summary generated from market data by MetaCap's automated system. Methodology
Varex Imaging income statement (quarterly)
| Quarter (USD) | Q3 20262026-07-03 | Q2 20262026-04-03 | Q1 20262026-01-02 | Q4 20252025-10-03 | Q3 20252025-07-04 | Q2 20252025-04-04 | Q1 20252025-01-03 | Q4 20242024-09-27 | Q3 20242024-06-28 | Q2 20242024-03-29 | Q1 20242023-12-29 | Q4 20232023-09-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 210.50M | 216.00M | 209.60M | 228.90M | 203.00M | 212.90M | 199.80M | 205.70M | 209.10M | 206.20M | 190.00M | 227.40M |
| Revenue growth (YoY) | +3.69% | +1.46% | +4.90% | +11.28% | -2.92% | +3.25% | +5.16% | -9.54% | -9.95% | -9.64% | -7.59% | -1.73% |
| Cost of Revenue | 133.80M | 143.40M | 139.80M | 151.10M | 135.50M | 136.20M | 131.30M | 138.60M | 142.20M | 140.40M | 132.90M | 149.40M |
| Gross Profit | 76.70M | 72.60M | 69.80M | 77.80M | 67.50M | 76.70M | 68.50M | 67.10M | 66.90M | 65.80M | 57.10M | 78.00M |
| Operating Expenses | 53.90M | 58.20M | 54.40M | 58.20M | 148.20M | 54.60M | 57.30M | 56.20M | 57.60M | 58.10M | 52.90M | 53.70M |
| Research & Development | 23.30M | 22.20M | 21.70M | 24.20M | 21.40M | 22.00M | 23.50M | 21.90M | 22.00M | 22.60M | 20.50M | 21.80M |
| Selling, General & Admin | 30.60M | 36.00M | 32.70M | 34.00M | 32.90M | 32.60M | 33.80M | 34.30M | 35.60M | 35.50M | 32.40M | 31.90M |
| Operating Income | 22.80M | 14.40M | 15.40M | 19.60M | -80.70M | 22.10M | 11.20M | 10.90M | 9.30M | 7.70M | 4.20M | 24.30M |
| Interest Expense | 5.80M | 17.20M | 7.90M | 7.90M | 9.40M | 10.20M | 8.00M | 7.60M | 7.40M | 7.90M | 7.30M | 7.20M |
| Other Income (Expense) | -6.60M | -20.80M | -11.60M | -5.50M | -5.90M | -11.30M | -8.70M | -8.40M | -8.50M | -5.40M | -4.80M | -23.30M |
| Pretax Income | 16.20M | -6.40M | 3.80M | 14.10M | -86.60M | 10.80M | 2.50M | 2.50M | 800.00K | 2.30M | -600.00K | 1.00M |
| Income Tax | 300.00K | 1.60M | 1.40M | 1.90M | 2.50M | 3.70M | 2.60M | 53.50M | -700.00K | 700.00K | -200.00K | -30.20M |
| Net Income | 15.70M | -8.10M | 2.30M | 12.20M | -89.10M | 6.90M | -300.00K | -51.10M | 1.40M | 1.40M | -500.00K | 31.10M |
| Net Income growth (YoY) | — | -217.39% | — | — | -6464.29% | +392.86% | — | -264.31% | -84.62% | -65.85% | -116.13% | +137.40% |
| EPS (Basic) | 0.37 | -0.19 | 0.06 | 0.29 | -2.15 | 0.17 | -0.01 | -1.25 | 0.03 | 0.03 | -0.01 | 0.77 |
| EPS (Diluted) | 0.37 | -0.19 | 0.05 | 0.29 | -2.15 | 0.17 | -0.01 | -1.25 | 0.03 | 0.03 | -0.01 | 0.68 |
| Shares Outstanding (Basic) | 42.10M | 42.00M | 41.80M | — | 41.50M | 41.40M | 41.10M | — | 40.90M | 40.70M | 40.60M | — |
| Shares Outstanding (Diluted) | 42.60M | 42.00M | 42.30M | — | 41.50M | 51.20M | 41.10M | — | 41.20M | 41.20M | 40.60M | — |
| EBITDA | 28.70M | 20.10M | 21.10M | 25.20M | -74.90M | 27.70M | 17.40M | 16.50M | 14.60M | 12.90M | 9.30M | 29.60M |
| Gross Margin | 36.44% | 33.61% | 33.30% | 33.99% | 33.25% | 36.03% | 34.28% | 32.62% | 31.99% | 31.91% | 30.05% | 34.30% |
| Operating Margin | 10.83% | 6.67% | 7.35% | 8.56% | -39.75% | 10.38% | 5.61% | 5.30% | 4.45% | 3.73% | 2.21% | 10.69% |
| Net Margin | 7.46% | -3.75% | 110.00% | 5.33% | -43.89% | 3.24% | -15.00% | -24.84% | 67.00% | 68.00% | -26.00% | 13.68% |
This table shows 12 quarterly periods of Varex Imaging's income statement, from Q3 2026 back to Q4 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow VREX's reporting calendar. What is a income statement?