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VI

Varex Imaging Corporation (VREX)

NASDAQ • Healthcare

$18.42
+$0.01 (+0.1%)
Market closed

Last close at October 23, 2026 at 20:00 UTC

Open$18.41
Day Range$18.4 - $18.42
Avg. Volume (3M)511K
Market Cap$782.1M
P/E Ratio35.4
52 Week Range
$9.09$18.63
Next EarningsIn 23 daysNov 17, 2026

Metrics Over Time

Where the Money Goes

Q3 2026
Revenueeverything earned$210.5M100%
Gross Profitminus cost of goods$76.7M36%
Operating Incomeminus R&D and overhead$22.8M11%
Net Incomeminus taxes and the rest$15.7M7%

In plain terms: out of every $100 in revenue, Varex Imaging Corporation keeps $7 as net profit.

Fundamentals & Financials

Revenue (TTM)
$865M
Net Income (TTM)
$22.1M
EPS (TTM)
$0.52
ROA (TTM)
2.01%
Current Ratio
3.38

TTM is calculated as the sum of the four most recently completed quarters. This is a standard approach when monthly or real-time data is not available.

Earnings

+35.7%Q1 2026$0.19
-4.5%Q2 2026$0.21
+47.5%Q3 2026$0.31
Next

Nov 17

in 23 daysQ4 2026

% — EPS deviation from the forecast (beat / miss); quarters without a forecast show the reported EPS

Latest report — Q3 2026
Beat +47.5%

Varex Imaging’s adjusted EPS topped expectations even as revenue trailed consensus, with results for the third fiscal quarter of 2026 reported August 10, 2026 showing adjusted EPS of $0.31 topping the $0.21 estimate (+47.5%) while revenue of $210.5 million trailed the $215.5 million estimate (-2.3%). On a year-over-year basis, revenue rose ~4% to about $210.5 million, up from roughly $203.0 million a year ago, with the business spanning Medical and Industrial imaging components and software. Profitability held at a gross margin of roughly 36% and an operating margin near 11%, alongside gross profit of about $76.7 million and operating income of roughly $22.8 million. The quarter generated operating cash flow of about $21.0 million. For the next period, consensus calls for EPS of $0.33 on revenue of $229.8 million.

Next report — what to expect

Varex Imaging Corporation (VREX) reports on November 17, 2026. Wall Street expects EPS of $0.33 on revenue of $229.8 million. For trailing context, revenue grew +3.7% year over year last quarter. Varex has beaten EPS in 7 of 8 most recent quarters, keeping attention on any deviation from those expectations.

View full earnings history

About Varex Imaging Corporation

Varex Imaging Corporation, listed on NASDAQ as VREX, makes components and software used in medical imaging and inspection systems across the healthcare equipment field. The company generated $844.6 million in FY2025 revenue. Its business centers on X-ray hardware and related software sold into medical and industrial imaging workflows.

Name
Varex Imaging Corporation
CEO
Sunny S. Sanyal
Industry
Healthcare
Year Founded
2016
Employees
2,500

Today's Snapshot

AI-generated

VREX closed slightly higher at 18.42, while its sector was weaker. Trading was lighter than usual, with volume about two-thirds of its usual level.

Trading Volume

Below 10d avg (588.0K)

368K

vs S&P 500 Today

Outperforming Market

+0.57%

Updated: October 23, 2026 at 20:25 UTC

Technical Indicators

4 Buy3 Neutral1 Sell
VREX presents a nuanced buy signal driven by a strong underlying trend and long-term moving-average support even as short-term averages show mild weakness. ADX signals a robust trend, and the stock trades above its 100- and 200-day averages, which supports the broader bullish case, while shorter-term SMAs sit slightly above current price, reflecting near-term consolidation. Momentum readings are mixed, with RSI steady but CCI negative, and volume via OBV is a headwind, suggesting caution on follow-through. Volatility is low, indicating a tight trading range. Technical takeaway: Buy — solid long-term trend and moving-average support counterbalanced by short-term consolidation and weak volume.
All signals
  • EMA (5 indicators)$14.49 - $18.42
    Buy
  • RSI (14)61.10
    Neutral
  • Stochastic %K (14, 3, 3)44.44
    Neutral
  • MACD Level (12, 26)0.10
    Neutral
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