Varex Imaging Corporation (VREX) — Financial statements
Income statement, balance sheet, and cash flow for Varex Imaging Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 845↑4.1% | 811↓9.2% | 893↑4.0% | 859↑5.0% | 818 | |
| Cost of Revenue | 554↑0.0% | 554↓8.1% | 603↑4.7% | 576↑5.4% | 547 | |
| Gross Profit | 291↑13.1% | 257↓11.5% | 290↑2.4% | 284↑4.4% | 272 | |
| Operating Expenses | ||||||
| R&D Expenses | 91↑4.7% | 87↑2.6% | 85↑10.1% | 77↑7.1% | 72 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 133↓3.3% | 138↑7.3% | 128↑8.5% | 118↓5.7% | 126 | |
| Other Expenses | 94 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 318↑41.6% | 225↑5.4% | 213↑9.2% | 195↓1.1% | 197 | |
| Total Costs & Expenses | 872↑12.0% | 779↓4.6% | 816↑5.8% | 771↑3.7% | 744 | |
| Operating Results | ||||||
| Operating Income | -28↓186.6% | 32↓58.4% | 77↓12.6% | 88↑19.0% | 74 | |
| Depreciation & Amortization | 27↓12.5% | 31↓6.3% | 33↓1.2% | 34↓9.9% | 37 | |
| EBITDA | 4↓94.4% | 63↓33.6% | 95↓17.3% | 115↑9.6% | 105 | |
| EBIT | -24↓174.5% | 32↓48.3% | 62↓24.0% | 81↑20.4% | 67 | |
| Interest & Other Income | ||||||
| Net Interest Income | -27↓13.4% | -24↑7.0% | -26↑36.9% | -41↑6.2% | -43 | |
| Interest Income | 9↑16.4% | 7↑97.3% | 4↑825.0% | 0.40↑300.0% | 0.10 | |
| Interest Expense | 36↑14.1% | 31↑6.1% | 29↓28.5% | 41↓5.5% | 43 | |
| Non-Operating Income | -4↓1466.7% | 0.30↓98.1% | 16↑113.7% | 7↑5.8% | 7 | |
| Other Income / Expenses | -31↓15.9% | -27↑40.8% | -46↓4.8% | -44↑4.0% | -46 | |
| Income Before Tax | -59↓1284.0% | 5↓84.0% | 31↓29.7% | 45↑55.6% | 29 | |
| Income Tax Expense | 11↓79.5% | 52↑414.5% | -17↓221.2% | 14↑28.0% | 11 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -70↓48.1% | -47↓198.5% | 48↑55.5% | 31↑72.1% | 18 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -70↓47.4% | -48↓200.6% | 47↑56.4% | 30↑74.1% | 17 | |
| Bottom-Line Net Income | -70↓47.4% | -48↓200.6% | 47↑56.4% | 30↑74.1% | 17 | |
| EPS (Basic) | -1.70↓45.3% | -1.17↓197.5% | 1.20↑57.9% | 0.76↑72.7% | 0.44 | |
| EPS (Diluted) | -1.70↓45.3% | -1.17↓221.9% | 0.96↑31.5% | 0.73↑69.8% | 0.43 | |
| Weighted Average Shares | 41↑1.5% | 41↑1.2% | 40↑1.3% | 40↑1.3% | 39 | |
| Weighted Average Diluted Shares | 41↑1.5% | 41↓18.9% | 50↑20.9% | 42↑3.2% | 40 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.