VREX logo

VAREX IMAGING CORP

VREXNASDAQ
πŸ† #2281 by market capEarnings Nov 17US Equity
$18.58β–² $0.12 (+0.65%)
Live
1hβ€”
24hβ–² 0.7%
7dβ–² 50.0%
14dβ–² 69.8%
30dβ–² 72.0%
1yβ–² 75.6%
🏦Market Cap
$782M
Small Cap
πŸ“ˆRevenue Growth (YoY)
+3.6%
Slowing
πŸ“ŠGross Margin
33.5%
Moderate
πŸ’΅FCF Margin
2.2%
Thin
βš–οΈP/S Ratio
0.6x
Cheap
Otter Score
67
Fair

Trading Snapshot

Day Range
$18.42 – $18.86
52-Week Range
$8.42 – $18.49
Volume
$3.18B
Avg Volume
$2.51B
Shares Outstanding
42.1M
Next Earnings
Oct 28, 2026

Fundamentals Snapshot

Annual Revenue
$845M
Last Q Revenue
$211M
P/E Ratio
β€”
P/S Ratio
0.6x
EPS (TTM)
$-1.99
Dividend Yield
β€”

Why Investors Own VREX

  • βœ“High-growth profile β€” revenue up +54.8% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 49% gross margin and 26% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$845Mβ–² +61.2% YoY
Gross Margin (TTM)
48.7%β–² +0.1% YoY
Operating Income (TTM)
$222Mβ–² +61.2% YoY
Free Cash Flow (TTM)
$221Mβ–² +61.2% YoY

About VAREX IMAGING CORP

Varex Imaging Corporation (VREX) specializes in the development and production of X-ray imaging components. Its operations are divided into two primary divisions: Medical and Industrial. Within the Medical segment, Varex provides a comprehensive range of X-ray imaging components. These include essential hardware like X-ray tubes, digital detectors, and high-voltage connectors, alongside sophisticated software solutions for image processing, 3D reconstruction, and computer-aided diagnostics. The segment also supplies critical ancillary devices such as collimators, generators, and automatic exposure control mechanisms. These medical products serve a wide spectrum of applications, from general diagnostic imaging like radiography and fluoroscopy, to specialized areas such as mammography, computed tomography (CT), cardiac procedures, dental imaging, and surgical applications. They are also vital for radiation therapy, oncology, and advanced computer-aided detection systems. The Industrial segment focuses on providing X-ray technology for security and industrial inspection. Its offerings include Linatron X-ray accelerators, X-ray tubes, digital detectors, and high-voltage connectors. These components are crucial for diverse applications such as airport security scanning, cargo screening at border crossings, and nondestructive testing across various industries. Varex distributes its products through multiple channels, including direct sales to end-users, partnerships with imaging system Original Equipment Manufacturers (OEMs), independent service providers, and a network of distributors. With a significant global footprint, the company maintains operations across North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Established in 2016, Varex Imaging Corporation is headquartered in Salt Lake City, Utah.

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Otter Score Breakdown

β“˜
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
67/100

Analyst Ratings

β“˜
Consensus
Buy
11 analysts
Strong Buy4
Buy5
Hold2
Sell0
Strong Sell0
Ratings as of Aug 2026

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