Varex Imaging Corporation (VREX) Tops Q2 EPS by 1c, Beats on Revenue; Offers FY26 Guidance

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Varex Announces Financial Results for Second Quarter Fiscal Year 2026

May 7, 2026 4:05 PM EDT

SALT LAKE CITY--(BUSINESS WIRE)-- Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the second quarter fiscal year 2026.

Q2FY26 Summary

Revenues $216 million GAAP gross margin 34% | Non-GAAP gross margin* 34% GAAP operating margin 7% | Non-GAAP operating margin* 9% GAAP net loss $0.19 per diluted share | Non-GAAP net income* $0.21 per diluted share Cash outflows from operations of $2 million

"Demand remained solid in the second quarter, with continued momentum across both our Medical and Industrial businesses driven by global CT,... More