Stocks Technology VREX
NASDAQ · TechnologyVarex Imaging Corp (VREX)
Varex Imaging Corp brought in $865M of revenue over the twelve months to July 3, 2026, up 5.3% from a year earlier. Net income was $22.1M, a net margin of 2.6%. Operating cash flow minus capital spending left $18.8M of free cash flow in fiscal 2025. At July 3, 2026 it held $99.2M in cash against $347.1M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 10, 2026.
Key facts about Varex Imaging Corp
- Net worth
- Varex Imaging Corp has a market value (market cap) of $776.3M at the latest share price, and shareholders' equity of $496.6M on its balance sheet at July 3, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $844.6M (+4.1% year on year), with a net loss of $70.3M. Over the 12 months to July 3, 2026: revenue $865M, net income $22.1M.
- Cash flow
- In fiscal 2025 operations brought in $41.7M of cash; after $22.9M of capital spending, free cash flow was $18.8M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 10, 2026 and covers the period to July 3, 2026. Open on SEC EDGAR
- Next earnings report
- Varex Imaging Corp's next report is expected around November 17, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
What Varex Imaging Corp does
Varex Imaging Corp is registered with the SEC under industry code SIC 3679 (Electronic Components, NEC). Its shares trade on NASDAQ under the ticker VREX.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $844.6M | -$70.3M | -$1.70 | $18.8M |
| 2024 | $811M | -$48.8M | -$1.20 | $20.4M |
| 2023 | $893.4M | $47.4M | $1.07 | $87.7M |
| 2022 | $859.4M | $30.3M | $0.73 | -$4.4M |
| 2021 | $818.1M | $17.4M | $0.43 | $77.5M |
| 2020 | $738.3M | -$57.9M | -$1.49 | -$10.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where VREX ranks in Technology
Latest SEC filings
What Varex Imaging Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026Shareholder vote results 8-K/A
- October 29, 2026
- October 22, 2026Additional proxy material DEFA14A
- October 22, 2026Other event 8-K
- October 7, 2026Passive stake changed SCHEDULE 13G/A
- October 5, 2026Passive stake changed SCHEDULE 13G/A
- September 21, 2026Merger proxy statement DEFM14A
- September 8, 2026Form PREM14A filing PREM14A
- August 12, 2026Additional proxy material DEFA14A
- August 10, 2026Additional proxy material DEFA14A
What is VREX worth? A DCF from its reported cash flow
Insider trades
What the people running Varex Imaging Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $2.6M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 14, 2026 | Kunkel Jay K.Director | Sold | 8,121 | $150.1K |
| September 11, 2026 | Maheshwari ShubhamChief Financial Officer | Exercised options | 160,944 | $2.2M |
| September 11, 2026 | Maheshwari ShubhamChief Financial Officer | Sold | 130,000 | $2.4M |
| August 14, 2026 | Aranki Karen LChief Human Resources Officer | Exercised options | 3,974 | - |
| August 14, 2026 | Aranki Karen LChief Human Resources Officer | Shares withheld for tax | 1,145 | $21.2K |
| March 20, 2026 | Kunkel Jay K.Director | Sold | 4,510 | $50.2K |
| February 9, 2026 | Kunkel Jay K.Director | Exercised options | 8,483 | - |
| February 9, 2026 | Guertin Timothy EDirector | Exercised options | 8,483 | - |
Who owns VREX
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Pzena Investment Management LLC13G, passive | 10.2% | July 3, 2025 |
| Vanguard Capital Management13G, passive | 5.1% | July 31, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 187 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Pzena Investment Management LLC | 4,344,381 | +352,101 |
| BlackRock, Inc. | 3,894,891 | +77,061 |
| Allspring Global Investments Holdings, LLC | 2,283,986 | -363,277 |
| Neuberger Berman Group LLC | 2,082,597 | +157,648 |
| Vanguard Capital Management LLC | 1,867,162 | +46,826 |
| Rice Hall James & Associates, LLC | 1,445,853 | +171,035 |
| State Street Corp | 1,116,509 | +50,200 |
| Geode Capital Management, LLC | 1,097,969 | +57,740 |
| Dimensional Fund Advisors LP | 1,007,886 | -549,891 |
| Cooke & Bieler LP | 999,151 | -303,861 |
| Vanguard Portfolio Management LLC | 952,392 | +31,785 |
| D. E. Shaw & Co., Inc. | 925,254 | -10,579 |
| Royce & Associates LP | 872,793 | +107,680 |
| Ameriprise Financial Inc | 813,018 | +688,940 |
| Charles Schwab Investment Management Inc | 711,428 | -89,653 |
| J. Goldman & Co LP | 595,844 | new |
| Frontier Capital Management Co LLC | 535,000 | -615,007 |
| Jacobs Levy Equity Management, Inc | 479,785 | -39,352 |
| Aqr Capital Management LLC | 468,637 | -158,467 |
| Two Sigma Investments, LP | 463,111 | -117,961 |
Insiders
11 insiders reported holding 684,846 shares in total, about $12.6M at the last price.
| Holder | Shares |
|---|---|
| Sanyal SunnyPresident and CEO, Director | 231,892 |
| Maheshwari ShubhamChief Financial Officer | 139,972 |
| Jonaitis Mark S.SVP and GM, X-Ray Sources | 77,341 |
| Rosebrough Walter M JrDirector | 52,654 |
| Tsingos Christine ADirector | 42,655 |
| Chertoff Jocelyn DDirector | 42,194 |
| Hartmann AndrewSVP and GM, Detectors | 36,182 |
| Guertin Timothy EDirector | 26,777 |
| Kunkel Jay K.Director | 15,329 |
| Bardwell KathleenDirector | 12,102 |
Questions about VREX
What does Varex Imaging Corp do?
Varex Imaging Corp is a company in the Technology sector, listed on NASDAQ as VREX. Its shares trade on NASDAQ under the ticker VREX.
What is Varex Imaging Corp's net worth?
Varex Imaging Corp has a market value (market cap) of $776.3M at the latest share price, and shareholders' equity of $496.6M on its balance sheet at July 3, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Varex Imaging Corp profitable?
Yes. Over the twelve months to July 3, 2026 it reported net income of $22.1M on revenue of $865M, a net margin of 2.6%.
How much revenue does Varex Imaging Corp make?
Over the twelve months to July 3, 2026 Varex Imaging Corp reported revenue of $865M. That is 5.3% more than a year earlier.
When did Varex Imaging Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 10, 2026. It covers the period to July 3, 2026. Its newest filing of any kind is the shareholder vote results from October 29, 2026.
When is Varex Imaging Corp's next earnings report?
Varex Imaging Corp's next report is expected around November 17, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Varex Imaging Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.