Varex Imaging Corp
For the period ended Jan 2, 2026. Filed Feb 10, 2026.
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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.
Jan 2, 2026 · Filed Feb 10, 2026
VREX$18.450.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| Three Months Ended | ||
|---|---|---|
| (In millions, except per share amounts) | January 2, 2026 | January 3, 2025 |
| Revenues, net | $209.6 | $199.8 |
| Cost of revenues | 139.8 | 131.3 |
| Gross profit | 69.8 | 68.5 |
| Operating expenses: | ||
| Research and development | 21.7 | 23.5 |
| Selling, general, and administrative | 32.7 | 33.8 |
| Total operating expenses | 54.4 | 57.3 |
| Operating income | 15.4 | 11.2 |
| Interest income | 0.6 | 2.1 |
| Interest expense | (7.9) | (8.0) |
| Other expense, net | (4.3) | (2.8) |
| Interest and other expense, net | (11.6) | (8.7) |
| Income before taxes | 3.8 | 2.5 |
| Income tax expense | 1.4 | 2.6 |
| Net income (loss) | 2.4 | (0.1) |
| Less: Net income attributable to noncontrolling interests | 0.1 | 0.2 |
| Net income (loss) attributable to Varex | $2.3 | $(0.3) |
| Net income (loss) per common share attributable to Varex | ||
| Basic | $0.06 | $(0.01) |
| Diluted | $0.05 | $(0.01) |
| Weighted average common shares outstanding | ||
| Basic | 41.8 | 41.1 |
| Diluted | 42.3 | 41.1 |
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