Varex Imaging Corp Income Statement
VREX|9 years of annual SEC 10-K data (FY2017-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 9 fiscal years. All figures from audited SEC 10-K filings.
Varex Imaging Corp reported $893M in revenue and $47M in net income for FY2025. Revenue has grown at a 4.4% compound annual rate over the past 8 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $893.4M | $859.4M | $818.1M | $738.3M | $780.6M | $773.4M | $698.1M | $620.1M | $632.3M |
| Cost of Revenue | $603.1M | $575.9M | $546.6M | $548.1M | $523.9M | $519.5M | $444.6M | $371.7M | $381.7M |
| Gross Profit | $290.3M | $283.5M | $271.5M | $190.2M | $256.7M | $253.9M | $253.5M | $248.4M | $250.6M |
| SG&A Expense | $128.4M | $118.3M | $125.5M | $142.2M | $128.1M | $123.4M | $102.5M | $85.8M | $72.7M |
| R&D Expense | $84.8M | $77.0M | $71.9M | $78.9M | $78.1M | $83.0M | $67.3M | $53.5M | $50.4M |
| Operating Income | $77.1M | $88.2M | $74.1M | -$33.7M | $45.7M | $44.5M | $83.7M | $109.1M | $127.5M |
| Interest Expense | - | - | $42.1M | $31.4M | $21.1M | $21.7M | $12.3M | $1.9M | $1.2M |
| Income Tax | -$16.6M | $13.7M | $10.7M | -$15.2M | $5.7M | -$2.6M | $22.8M | $36.0M | $46.8M |
| Net Income | $47.4M | $30.3M | $17.4M | -$57.9M | $15.5M | $27.5M | $51.6M | $68.5M | $80.0M |
| EPS (Basic) | $1.18 | $0.76 | $0.44 | -$1.49 | $0.41 | $0.73 | $1.37 | $1.83 | $2.14 |
| EPS (Diluted) | $1.07 | $0.73 | $0.43 | -$1.49 | $0.40 | $0.72 | $1.36 | $1.82 | $2.12 |
| Shares Outstanding | 41.1M | 40.5M | 40.1M | 39.4M | 39.1M | 38.4M | 38.0M | 37.6M | 37.6M |
| Gross Margin | 32.5% | 33.0% | 33.2% | 25.8% | 32.9% | 32.8% | 36.3% | 40.1% | 39.6% |
| Operating Margin | 8.6% | 10.3% | 9.1% | -4.6% | 5.9% | 5.8% | 12.0% | 17.6% | 20.2% |
| Profit Margin | 5.3% | 3.5% | 2.1% | -7.8% | 2.0% | 3.6% | 7.4% | 11.1% | 12.7% |