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Espey Mfg & Electronics vs Varex Imaging: revenue, profit, margins and growth compared

Espey Mfg & Electronics brought in $46.1M of revenue in fiscal 2026, Varex Imaging $844.6M in fiscal 2025. Revenue changed by +4.9% at Espey Mfg & Electronics and +4.1% at Varex Imaging on the year before, so Espey Mfg & Electronics grew faster. Espey Mfg & Electronics kept 24.2% of its revenue as net profit, Varex Imaging -8.3%. Free cash flow was $2.6M at Espey Mfg & Electronics and $18.8M at Varex Imaging.

Side by side, latest fiscal year

ESPVREX
Fiscal year endedFY2026 (June 30, 2026)FY2025 (October 3, 2025)
Revenue$46.1M$844.6M
Revenue growth+4.9%+4.1%
Net income$11.2M-$70.3M
Net margin24.2%-8.3%
Free cash flow$2.6M$18.8M
Free cash flow margin5.6%2.2%
Earnings per share (diluted)$3.89-$1.70
Cash$19.4M$145M
Debtn/a$367.5M
Price to earnings16.9n/a
Market value$196.6M$776.7M
Dividend yield2.67%n/a
Rank by revenue in sector#451 of 530 · Technology#240 of 530 · Technology

Over the years

Revenue
ESP FY2019: $36.5MESP FY2020: $31.5MESP FY2021: $27.7MESP FY2022: $32.1MESP FY2023: $35.6MESP FY2024: $38.7MESP FY2025: $44MESP FY2026: $46.1MVREX FY2018: $773.4MVREX FY2019: $780.6MVREX FY2020: $738.3MVREX FY2021: $818.1MVREX FY2022: $859.4MVREX FY2023: $893.4MVREX FY2024: $811MVREX FY2025: $844.6MFY18FY19FY20FY21FY22FY23FY24FY25FY26
ESP $46.1MVREX $844.6M
Net income
ESP FY2019: $2.3MESP FY2020: $1.2MESP FY2021: -$181.5KESP FY2022: $1.3MESP FY2023: $3.7MESP FY2024: $5.8MESP FY2025: $8.1MESP FY2026: $11.2MVREX FY2018: $27.5MVREX FY2019: $15.5MVREX FY2020: -$57.9MVREX FY2021: $17.4MVREX FY2022: $30.3MVREX FY2023: $47.4MVREX FY2024: -$48.8MVREX FY2025: -$70.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
ESP $11.2MVREX -$70.3M
Net margin
ESP FY2019: 6.4%ESP FY2020: 3.7%ESP FY2021: -0.7%ESP FY2022: 3.9%ESP FY2023: 10.3%ESP FY2024: 15.0%ESP FY2025: 18.5%ESP FY2026: 24.2%VREX FY2018: 3.6%VREX FY2019: 2.0%VREX FY2020: -7.8%VREX FY2021: 2.1%VREX FY2022: 3.5%VREX FY2023: 5.3%VREX FY2024: -6.0%VREX FY2025: -8.3%FY18FY19FY20FY21FY22FY23FY24FY25FY26
ESP 24.2%VREX -8.3%
Revenue growth
ESP FY2020: -13.6%ESP FY2021: -12.0%ESP FY2022: +15.8%ESP FY2023: +10.9%ESP FY2024: +8.8%ESP FY2025: +13.5%ESP FY2026: +4.9%VREX FY2019: +0.9%VREX FY2020: -5.4%VREX FY2021: +10.8%VREX FY2022: +5.0%VREX FY2023: +4.0%VREX FY2024: -9.2%VREX FY2025: +4.1%FY19FY20FY21FY22FY23FY24FY25FY26
ESP +4.9%VREX +4.1%
Free cash flow
ESP FY2019: -$4.2MESP FY2020: $5.8MESP FY2021: $551.4KESP FY2022: $1.9MESP FY2023: $3.4MESP FY2024: $5.4MESP FY2025: $16.6MESP FY2026: $2.6MVREX FY2018: $64.9MVREX FY2019: $52.1MVREX FY2020: -$10.3MVREX FY2021: $77.5MVREX FY2022: -$4.4MVREX FY2023: $87.7MVREX FY2024: $20.4MVREX FY2025: $18.8MFY18FY19FY20FY21FY22FY23FY24FY25FY26
ESP $2.6MVREX $18.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Espey Mfg & Electronics and Varex Imaging

Which is bigger by revenue, Espey Mfg & Electronics or Varex Imaging?

Varex Imaging is bigger by revenue: $844.6M in fiscal 2025, against $46.1M for Espey Mfg & Electronics in fiscal 2026.

Which keeps more of its revenue as profit, Espey Mfg & Electronics or Varex Imaging?

Espey Mfg & Electronics had a net margin of 24.2% in fiscal 2026; Varex Imaging had -8.3% in fiscal 2025.

Which grew revenue faster, Espey Mfg & Electronics or Varex Imaging?

In their latest fiscal years revenue changed by +4.9% at Espey Mfg & Electronics and +4.1% at Varex Imaging.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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