Varex Imaging Corp

For the period ended Jul 4, 2025. Filed Aug 7, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jul 4, 2025 · Filed Aug 7, 2025

VREX$18.450.0%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

	Three Months Ended		Nine Months Ended
(In millions, except per share amounts)	July 4, 2025	June 28, 2024	July 4, 2025	June 28, 2024
Revenues, net	$203.0	$209.1	$615.7	$605.3
Cost of revenues	135.5	142.2	403.0	415.5
Gross profit	67.5	66.9	212.7	189.8
Operating expenses:
Research and development	21.4	22.0	66.9	65.1
Selling, general, and administrative	32.9	35.6	99.3	103.5
Impairment of goodwill	93.9	—	93.9	—
Total operating expenses	148.2	57.6	260.1	168.6
Operating (loss) income	(80.7)	9.3	(47.4)	21.2
Interest income	2.5	1.8	7.5	5.5
Interest expense	(9.4)	(7.4)	(27.6)	(22.6)
Other income (expense), net	1.0	(2.9)	(5.8)	(1.6)
Interest and other expense, net	(5.9)	(8.5)	(25.9)	(18.7)
(Loss) income before taxes	(86.6)	0.8	(73.3)	2.5
Income tax expense (benefit)	2.5	(0.7)	8.8	(0.2)
Net (loss) income	(89.1)	1.5	(82.1)	2.7
Less: Net income attributable to noncontrolling interests	—	0.1	0.4	0.4
Net (loss) income attributable to Varex	$(89.1)	$1.4	$(82.5)	$2.3
Net (loss) income per common share attributable to Varex
Basic	$(2.15)	$0.03	$(2.00)	$0.06
Diluted	$(2.15)	$0.03	$(2.00)	$0.06
Weighted average common shares outstanding
Basic	41.5	40.9	41.3	40.7
Diluted	41.5	41.2	41.3	41.2

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.