VREX
Varex Imaging Corp
NASDAQ: VREX · HEALTHCARE · MEDICAL DEVICES
$11.03
-8.62% today
Updated 2026-04-29
Market cap
$505.97M
P/E ratio
—
P/S ratio
0.59x
EPS (TTM)
$-1.64
Dividend yield
—
52W range
$7 – $15
Volume
0.3M
Varex Imaging Corp (VREX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $669.80M | $685.20M | $632.30M | $620.10M | $698.10M | $773.40M | $780.60M | $738.30M | $818.10M | $859.40M | $893.40M | $811.00M | $844.60M |
| Revenue growth (YoY) | — | +2.3% | -7.7% | -1.9% | +12.6% | +10.8% | +0.9% | -5.4% | +10.8% | +5.0% | +4.0% | -9.2% | +4.1% |
| Cost of revenue | $401.70M | $406.60M | $381.70M | $371.70M | $444.60M | $519.50M | $523.90M | $548.10M | $546.60M | $575.90M | $603.10M | $554.10M | $554.10M |
| Gross profit | $268.10M | $278.60M | $250.60M | $248.40M | $253.50M | $253.90M | $256.70M | $190.20M | $271.50M | $283.50M | $290.30M | $256.90M | $290.50M |
| Gross margin | 40.0% | 40.7% | 39.6% | 40.1% | 36.3% | 32.8% | 32.9% | 25.8% | 33.2% | 33.0% | 32.5% | 31.7% | 34.4% |
| R&D | $35.90M | $40.00M | $50.40M | $53.50M | $67.30M | $83.00M | $78.10M | $78.90M | $71.90M | $77.00M | $84.80M | $87.00M | $91.10M |
| SG&A | — | $102.60M | $70.20M | $85.80M | $102.50M | $126.40M | $128.10M | $142.00M | $125.50M | $118.30M | $128.40M | $137.80M | $133.30M |
| Operating income | $168.80M | $176.00M | $127.50M | $109.10M | $83.70M | $44.50M | $8.20M | $-33.70M | $74.10M | $88.20M | $77.10M | $32.10M | $-27.80M |
| Operating margin | 25.2% | 25.7% | 20.2% | 17.6% | 12.0% | 5.8% | 1.1% | -4.6% | 9.1% | 10.3% | 8.6% | 4.0% | -3.3% |
| EBITDA | $180.60M | $185.20M | $141.10M | $122.20M | $111.10M | $89.70M | $83.90M | $-8.70M | $104.50M | $114.50M | $94.70M | $62.90M | $3.50M |
| EBITDA margin | 27.0% | 27.0% | 22.3% | 19.7% | 15.9% | 11.6% | 10.7% | -1.2% | 12.8% | 13.3% | 10.6% | 7.8% | 0.4% |
| EBIT | $170.50M | $175.10M | $128.80M | $106.90M | $83.70M | $47.50M | $44.70M | $-48.20M | $67.20M | $80.90M | $61.50M | $31.80M | $-23.70M |
| Interest expense | $400000.00 | $900000.00 | $1.20M | $1.90M | $12.30M | $21.70M | $21.10M | $31.40M | $43.40M | $41.00M | $29.30M | $31.10M | $35.50M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $109.60M | $110.10M | $80.00M | $68.50M | $51.60M | $27.50M | $15.50M | $-57.90M | $17.40M | $30.30M | $48.20M | $-47.70M | $-70.30M |
| Net income growth (YoY) | — | +0.5% | -27.3% | -14.4% | -24.7% | -46.7% | -43.6% | -473.5% | +130.1% | +74.1% | +59.1% | -199.0% | -47.4% |
| Profit margin | 16.4% | 16.1% | 12.7% | 11.0% | 7.4% | 3.6% | 2.0% | -7.8% | 2.1% | 3.5% | 5.4% | -5.9% | -8.3% |