Financial insights of VREX

MyFinsight

For the quarter ending 2026-01-02, VREX made $209,600K in revenue. $2,300K in net income. Net profit margin of 1.10%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2026-01-02	2025-10-03	2025-07-04	2025-04-04
Revenues, net	209,600	214,350	203,000	212,900
Cost of revenues	139,800	141,200	135,500	136,200
Gross profit	69,800	73,150	67,500	76,700
Research and development	21,700	23,850	21,400	22,000
Selling, general, and administrative	32,700	33,900	32,900	32,600
Impairment of goodwill	-	0	93,900	-
Total operating expenses	54,400	57,750	148,200	54,600
Operating income	15,400	15,400	-80,700	22,100
Interest income	600	1,550	2,500	2,900
Interest expense	7,900	7,950	9,400	10,200
Other expense, net	-4,300	-700	1,000	-4,000
Interest and other expense, net	-11,600	-7,100	-5,900	-11,300
Income before taxes	3,800	8,300	-86,600	10,800
Income tax expense	1,400	2,250	2,500	3,700
Net income (loss)	2,400	6,050	-89,100	7,100
Less net income attributable to noncontrolling interests	100	100	0	200
Net income (loss) attributable to varex	2,300	5,950	-89,100	6,900

Basic (in shares)	41,800,000	-20,750,000	41,500,000	41,400,000
Basic net income (loss) per share attributable to varex (in usd per share)	0.06	0.14	-2.15	0.17
Diluted (in shares)	42,300,000	-25,650,000	41,500,000	51,200,000
Diluted net income (loss) per share attributable to varex (in usd per share)	0.05	0.14	-2.15	0.17