Varex Imaging Corp
For the period ended Apr 3, 2026. Filed May 7, 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.
Apr 3, 2026 · Filed May 7, 2026
VREX$18.450.0%Stored close · as of Nov 10, 2026
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Condensed Consolidated Balance Sheets
| (In millions, except share and per share amounts) | April 3, 2026 | October 3, 2025 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $85.3 | $145.0 |
| Marketable securities | 3.0 | 10.1 |
| Accounts receivable, net of allowance for credit losses of $1.7 million and $2.1 million at April 3, 2026 and October 3, 2025, respectively | 148.1 | 156.6 |
| Inventories, net | 346.7 | 299.4 |
| Prepaid expenses and other current assets | 42.5 | 30.7 |
| Total current assets | 625.6 | 641.8 |
| Property, plant, and equipment, net | 163.4 | 157.8 |
| Goodwill | 197.8 | 198.4 |
| Intangible assets, net | 13.2 | 14.0 |
| Investments in privately-held companies | 20.0 | 24.5 |
| Deferred tax assets | 2.9 | 2.9 |
| Operating lease assets | 29.0 | 29.4 |
| Other assets | 37.5 | 38.6 |
| Total assets | $1,089.4 | $1,107.4 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $96.4 | $69.9 |
| Accrued liabilities and other current liabilities | 61.1 | 98.4 |
| Current operating lease liabilities | 4.7 | 4.4 |
| Current maturities of long-term debt, net | 18.6 | 1.5 |
| Deferred revenues | 14.5 | 13.0 |
| Total current liabilities | 195.3 | 187.2 |
| Long-term debt, net | 329.0 | 366.0 |
| Deferred tax liabilities | 5.8 | 5.5 |
| Operating lease liabilities | 23.0 | 24.0 |
| Other long-term liabilities | 48.2 | 38.1 |
| Total liabilities | 601.3 | 620.8 |
| Stockholders' equity: | ||
| Preferred stock, $0.01 par value: 20,000,000 shares authorized, none issued | — | — |
| Common stock, $0.01 par value: 150,000,000 shares authorized | ||
| Shares issued and outstanding: 42,146,485 and 41,689,672 at April 3, 2026 and October 3, 2025, respectively | 0.4 | 0.4 |
| Additional paid-in capital | 491.1 | 483.3 |
| Accumulated other comprehensive loss | (5.6) | (5.2) |
| Accumulated deficit | (11.7) | (5.9) |
| Total Varex stockholders' equity | 474.2 | 472.6 |
| Noncontrolling interests | 13.9 | 14.0 |
| Total stockholders' equity | 488.1 | 486.6 |
| Total liabilities and stockholders' equity | $1,089.4 | $1,107.4 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.