Varex Imaging Corporation (VREX)

Nasdaq: VREX · Electronic Components, NEC · Salt Lake City, UT · filing with the SEC since 2016

Grade4.5

◀ Past 4.7● Present 4.9▶ Future 3.7

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in October.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Oct 3, 2025	Sep 27, 2024	Sep 29, 2023	Sep 30, 2022	Oct 1, 2021	Oct 2, 2020	Sep 27, 2019	Sep 28, 2018	Sep 29, 2017	Sep 30, 2016
Report filed	Nov 18, 2025	Nov 19, 2024	Nov 16, 2023	Nov 18, 2022	Nov 19, 2021	Nov 30, 2020	Dec 20, 2019	Nov 27, 2018	Dec 13, 2017	·
Revenue	844.6	811.0	893.4	859.4	818.1	738.3	780.6	773.4	698.1	620.1
Cost of revenue	554.1	554.1	603.1	575.9	546.6	548.1	523.9	519.5	444.6	371.7
Gross profit	290.5	256.9	290.3	283.5	271.5	190.2	256.7	253.9	253.5	248.4
Research and development	91.1	87.0	84.8	77.0	71.9	78.9	78.1	83.0	67.3	53.5
Selling, general and administrative	133.3	137.8	128.4	118.3	125.5	142.2	128.1	123.4^r	102.5	85.8
Total operating expenses	318.3	224.8	213.2	195.3	197.4	223.9	211.0	209.4	169.8	139.3
Operating income	-27.8	32.1	77.1	88.2	74.1	-33.7	45.7	44.5	83.7	109.1
Interest expense	35.5	30.2	29.3	39.8	42.1	31.4	21.1	21.7	12.3	1.9
Interest and investment income	8.5	7.3	3.7	0.4	0.1	0.1	0.1	0.2	0.2	0.3
Share of profit of equity-method investments	-2.3	-1.0	-1.4	-3.0	-3.4	-2.1	-2.3	3.9	1.3	-1.6
Other income (expense), net	-4.4	-4.2	-20.2	-4.3	-3.5	-7.6	-3.2	2.7	3.2	-2.5
Total non-operating income (expense)	-31.4	-27.1	-45.8	-43.7	-45.5	-38.9	-24.2	-18.8	-8.9	-4.1
Income before income taxes	-59.2	5.0	31.3	44.5	28.6	-72.6	21.5	25.7	74.8	105.0
Income tax expense	10.7	53.3^r	-16.6^r	13.7	10.7	-15.2	5.7	-2.6	22.8	36.0
Net income including non-controlling interests	-69.9	-48.3^r	47.9^r	30.8	17.9	-57.4	15.8	28.3	52.0	69.0
Net income to non-controlling interests	0.4	0.5	0.5	0.5	0.5	0.5	0.3	0.8	0.4	0.5
Net income	-70.3	-48.8^r	47.4^r	30.3	17.4	-57.9	15.5	27.5	51.6	68.5
Net income to common shareholders	·	·	·	30.3	17.4	-57.9	·	·	·	·
Earnings per share, basic	-1.70	-1.20^r	1.18^r	0.76	0.44	-1.49	0.41	0.73	1.37	1.83
Earnings per share, diluted	-1.70	-1.20^r	1.07^r	0.73	0.43	-1.49	0.40	0.72	1.36	1.82
Weighted average shares, basic	41.4	40.8	40.3	39.8	39.3	38.8	38.2	37.9	37.6	37.4
Weighted average shares, diluted	41.4	40.8	50.3	41.6	40.3	38.8	38.6	38.4	38.0	37.7

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton VREX · research, not advice