Varex Imaging Corp income statement

In fiscal 2025, Varex Imaging Corp reported revenue of $845m, up 4.1% on the year before, operating income of −$27.8m (a -3.3% margin) and net income of −$70.3m, or −$1.70 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Varex Imaging Corp: income statement, annual
Fiscal year	2015Oct 2015	2016Sept 2016	2017Sept 2017	2018Sept 2018	2019Sept 2019	2020Oct 2020	2021Oct 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Oct 2025	LTMJul 2026
Revenue	632	620	698	773	781	738	818	859	893	811	845	865
Cost of revenue	382	372	445	520	524	548	547	576	603	554	554	568
Gross profit	251	248	254	254	257	190	272	284	290	257	291	297
Research and development	50	54	67	83	78	79	72	77	85	87	91	91
Selling, general and administrative	73	86	103	123	128	142	126	118	128	138	133	133
Operating income	128	109	84	45	46	−34	74	88	77	32	−28	72
Interest expense	1	2	12	22	21	31	42	40	29	30	36	39
Income before tax	128	105	75	26	22	−73	29	45	31	5	−59	28
Income tax	47	36	23	−3	6	−15	11	14	−17	53	11	5
Net income	80	69	52	28	16	−58	17	30	47	−49	−70	22
Diluted EPS	$2.12	$1.82	$1.36	$0.72	$0.40	−$1.49	$0.43	$0.73	$1.07	−$1.20	−$1.70	$0.56
Diluted shares (average)	38m	38m	38m	38m	39m	39m	40m	42m	50m	41m	41m	40m
EBITDA	137	119	101	71	69	−11	95	107	97	53	−5	95

US$ millions unless shown otherwise. Fiscal quarters.

Varex Imaging Corp: income statement, quarterly
Quarter	2024 Q4Sept 2024	2025 Q1Jan 2025	2025 Q2Apr 2025	2025 Q3Jul 2025	2025 Q4Oct 2025	2026 Q1Jan 2026	2026 Q2Apr 2026	2026 Q3Jul 2026
Revenue	206	200	213	203	229	210	216	211
Cost of revenue	139	131	136	136	151	140	143	134
Gross profit	67	69	77	68	78	70	73	77
Research and development	22	24	22	21	24	22	22	23
Selling, general and administrative	34	34	33	33	34	33	36	31
Operating income	11	11	22	−81	20	15	14	23
Interest expense	8	8	10	9	8	8	17	6
Income before tax	3	3	11	−87	14	4	−6	16
Income tax	54	3	4	3	2	1	2	0
Net income	−51	−0	7	−89	12	2	−8	16
Diluted EPS	−$1.26	−$0.01	$0.17	−$2.15	$0.30	$0.05	−$0.19	$0.37
EBITDA	17	17	28	−75	25	21	20	29

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Varex Imaging Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Varex Imaging Corp.