Name: VREX Income Statement - Varex Imaging Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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VREX - Varex Imaging Corp.

USD | NASDAQ | Technology

VREX Income Statement - Varex Imaging Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q2 FY 26	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16
Revenues
Revenues	216.0	209.6	228.9	203.0	212.9	199.8	205.7	209.1	206.2	190.0	227.4	232.2	228.2	205.6	231.4	214.5

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015
Revenues
Revenues	857.5	844.6	811.0	893.4	859.4	818.1	738.3	780.6	773.4	698.1	620.1	632.3
Cost of Revenue	569.8	554.1	554.1	603.1	575.9	546.6	548.1	523.9	519.5	444.6	371.7	381.7
Gross Profit	287.7	290.5	256.9	290.3	283.5	271.5	190.2	256.7	253.9	253.5	248.4	250.6
Operating Expenses
Research & Development	89.5	91.1	87.0	84.8	77.0	71.9	78.9	78.1	83.0	67.3	53.5	50.4
Selling General & Administrative	135.6
Operating Income
Operating Income	(31.3)	(27.8)	32.1	77.1	88.2	74.1	(33.7)	45.7	44.5	83.7	109.1	127.5
Non-Operating
Interest Income	4.5	8.5	7.3	3.7	0.4	0.1	0.1	0.1	0.2	0.2	0.3	0.5
Interest Expense	42.4	35.5
Tax & Net
Income Tax Expense	7.4	10.7	53.3	(16.6)	13.7	10.7	(15.2)	5.7	(2.6)	22.8	36.0	46.8
Net Income From Continuing Ops	(82.5)
Per Share
EPS Basic	(1.97)	(1.70)	(1.20)	1.18	0.76	0.44	(1.49)	0.41	0.73	1.37	1.83	2.14
EPS Diluted	(1.97)	(1.70)
Supplementary Data
EBITDA	-	(4.6)	53.3	96.6	107.2	94.6	(11.4)	69.2	70.5	100.6	118.9	137.1
EBIT	(31.3)	(27.8)

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	22.2	21.7	24.2	21.4	22.0	23.5	21.9	22.0	22.6	20.5	21.8	20.0	23.0	20.0	20.2	20.2	18.9	17.7	17.8	19.2	18.2	16.7	17.3	19.0	20.9	21.7	19.6	20.9	18.8	18.8	20.8	20.5	22.0	19.7	21.9	17.7	14.4	13.3	13.9	14.0
Selling General & Administrative	36.0	32.7	34.0	32.9	32.6	33.8	34.3	35.6	35.5	32.4	31.9	32.1	34.1	30.3	29.7	30.2
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	-	5.7	-	-	-	6.2	-	-	-	5.1	-	-	-	4.6	-	-
Amortization of Intangibles	1.1	1.1	1.1	1.0	1.0	0.9	1.0	1.7	3.6	3.6	3.5	3.4	3.4	3.4	3.4	3.7	3.7
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	58.2	54.4	58.2	148.2	54.6	57.3	56.2	57.6	58.1	52.9	53.7	52.1	57.1	50.3	49.9	50.4

Operating Income
Operating Income	14.4	15.4	19.6	(80.7)	22.1	11.2	10.9	9.3	7.7	4.2	24.3	24.2	15.6	13.0	24.6	23.0	26.6	14.0	26.5	25.7	15.8	6.1	(12.9)	(26.8)	1.4	4.6	16.2	4.6	14.5	10.4	6.4	7.3	17.2	13.6	26.1	15.5	23.5	18.6	32.9	28.4

Per Share
EPS Basic	(0.19)	0.06	-	(2.15)	0.17	(0.01)	-	0.03	0.03	(0.01)	-	0.23	0.10	0.08	-	0.21	0.19	0.04	-	0.31	0.08	(0.16)	-	(0.73)	(0.05)	(0.03)	-	(0.04)	0.15	0.08	-	0.10	0.32	0.30	-	0.28	0.40	0.30	-	0.47
EPS Diluted	(0.19)	0.05	-	(2.15)	0.17	(0.01)	-	0.03	0.03	(0.01)	-	0.21	0.10	0.08	-	0.20	0.18	0.03
Shares Basic	42.0	41.8	-	41.5	41.4	41.1	-	40.9	40.7	40.6	-	40.4	40.2	40.1	-	39.9	39.7	39.5
Shares Diluted	42.0	42.3	-	41.5	51.2	41.1	-	41.2	41.2	40.6	-	50.4	40.5	40.6	-	40.5	42.2	43.9

Supplementary Data
EBITDA	-	21.1	-	-	-	17.4	-	-	-	9.3	-	-	-	17.6	-	-	-	18.8	-	-	-	11.3	-	-	-	9.8	-	-	-	20.2	-	-	-	18.5	-	-	-	21.7	-	-
EBIT	14.4	15.4	19.6	(80.7)	22.1	11.2	10.9	9.3	7.7	4.2	24.3	24.2	15.6	13.0	24.6	23.0	26.6	14.0	26.5

Non-Operating
Interest Income	0.4	0.6	1.0	2.5	2.9	2.1	1.8	1.8	1.8	1.9	1.6	0.9	0.7	0.5	0.2	0.1	0.1	0.0	-	0.0	0.0	-	-	0.0	0.1	-	0.0	0.0	0.1	0.0	0.1	0.0	0.0	0.1	0.0	0.1	0.0	0.1	0.0	0.1
Interest Expense	17.2	7.9	7.9	9.4	10.2	8.0	7.6	7.4	7.9	7.3	7.2	7.3	7.3	7.5	9.4	9.4	11.1	9.9
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	(20.8)	(11.6)	(5.5)	(5.9)	(11.3)	(8.7)	(8.4)	(8.5)	(5.4)	(4.8)	(23.3)	(7.1)	(7.8)	(7.6)	(10.5)	(9.5)	(13.0)
Pre-Tax Income	(6.4)	3.8	14.1	(86.6)	10.8	2.5	2.5	0.8	2.3	(0.6)	1.0	17.1	7.8	5.4	14.1	13.5	13.6

Tax & Net
Income Tax Expense	1.6	1.4	1.9	2.5	3.7	2.6	53.5	(0.7)	0.7	(0.2)	(30.2)	7.9	3.5	2.2	0.9	5.1	6.0	1.7	6.0	3.1	0.0	1.6	(4.3)	(11.6)	0.7	0.0	2.0	0.7	1.9	1.1	(0.4)	(1.3)	3.4	(4.3)	3.2	5.1	7.4	7.1	9.6	9.3
Net Income From Continuing Ops	(8.0)	2.4	12.2	(89.1)	7.1	(0.1)	(51.0)	1.5	1.6	(0.4)	31.2	9.2	4.3	3.2	13.2	8.4	7.6
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	(8.0)	2.4	12.2	(89.1)	7.1	(0.1)	(51.0)	1.5	1.6	(0.4)	31.2	9.2	4.3	3.2	13.2	8.4	7.6
Net Income Attributable To Parent	(8.1)	2.3	12.2	(89.1)	6.9	(0.3)	(51.1)	1.4	1.4	(0.5)	31.1	9.1	4.1	3.1	13.1	8.2
Less: Minority Interest	0.1	0.1	0.0	0.0	0.2	0.2	0.1	0.1	0.2	0.1	0.1	0.1	0.2	0.1	0.1	0.2	0.0
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	(8.1)	2.3	12.2	(89.1)	6.9	(0.3)	(51.1)	1.4	1.4	(0.5)	31.1	9.1	4.1	3.1	13.1