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VREX

Varex Imaging·NASDAQ
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VREX fundamentals

Varex Imaging (VREX) released its earnings on Nov 18, 2025: revenue was 229.00M (YoY +11.33%), beat estimates; EPS was 0.37 (YoY +94.74%), beat estimates.
Revenue / YoY
229.00M
+11.33%
EPS / YoY
0.37
+94.74%
Report date
Nov 18, 2025
VREX Earnings Call Summary for Q4,2025
  • Revenue Growth: Q4 2025 revenue $229 million (+11% YoY), Industrial segment up 25% to $77 million. Full-year revenue $845 million (+4% YoY).
  • Margin Expansion: Non-GAAP gross margin 34% (130bps YoY), full-year 35% (+230bps). Tariff-related costs passed to customers.
  • Strategic Wins: $55 million cargo systems orders, 15 systems shipped globally. India detector production ramping up.
  • China Recovery: Customers project 2026 orders stronger than 2024/2025, driven by rural healthcare expansion.
  • Photon Counting Momentum: 2026 demo planned to showcase clinical value and workflow improvements.
  • Financial Strength: Cash $155 million, net debt leverage 1.8x (lowest since spin-off). Q1 2026 guidance: Revenue $200-215 million, EPS $0.05-0.25.
EPS
Revenue

Revenue & Expenses

VREX has released its 2025 Q4 earnings report, with revenue of 228.90M, reflecting a YoY change of 11.28%, and net profit of 12.20M, showing a YoY change of 123.92%. The Sankey diagram below clearly presents VREX's revenue sources and cost distribution.

Key Indicators

Varex Imaging (VREX) key financial stats and ratios, covering profitability, financial health, and leverage.
Varex Imaging (VREX)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Varex Imaging (VREX)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Varex Imaging (VREX)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Varex Imaging (VREX) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Varex Imaging (VREX) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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