Varex Imaging Corporation (VREX) Earnings History
Annual and quarterly earnings data from 2014 to 2025
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VREX EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
VREX Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 34.4% | -3.3% | -8.3% |
| 2024 | 31.7% | 4.0% | -5.9% |
| 2023 | 32.5% | 8.6% | 5.4% |
| 2022 | 33.0% | 10.3% | 3.5% |
| 2021 | 33.2% | 9.1% | 2.1% |
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Varex Imaging Corporation (VREX) Earnings Overview
As of May 8, 2026, Varex Imaging Corporation (VREX) reported trailing twelve-month net income of -$83M, reflecting -45.3% year-over-year growth. The company earned $-1.97 per diluted share over the past four quarters, with a net profit margin of -8.3%.
Looking at the long-term picture, VREX's historical earnings data spans multiple years. The company achieved its highest annual net income of $110M in fiscal 2014.
Varex Imaging Corporation is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including XRAY (-$628M net income, -16.3% margin), NNOX (-$56M net income, -474.3% margin), ATEC (-$125M net income, -18.8% margin), VREX has outperformed on profitability metrics. Compare VREX vs XRAY →
VREX Earnings vs Peers
Earnings metrics vs comparable public companies
VREX Historical Earnings Data (2014–2025)
12 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$70M | -47.4% | -$28M | $-1.70 | -8.3% | -3.3% |
| 2024 | -$48M | -199.0% | $32M | $-1.17 | -5.9% | 4.0% |
| 2023 | $48M | +59.1% | $77M | $0.96 | 5.4% | 8.6% |
| 2022 | $30M | +74.1% | $88M | $0.73 | 3.5% | 10.3% |
| 2021 | $17M | +130.1% | $74M | $0.43 | 2.1% | 9.1% |
| 2020 | -$58M | -473.5% | -$34M | $-1.49 | -7.8% | -4.6% |
| 2019 | $16M | -43.6% | $8M | $0.40 | 2.0% | 1.1% |
| 2018 | $28M | -46.7% | $45M | $0.72 | 3.6% | 5.8% |
| 2017 | $52M | -24.7% | $84M | $1.36 | 7.4% | 12.0% |
| 2016 | $69M | -14.4% | $109M | $1.78 | 11.0% | 17.6% |
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Start ComparisonVREX — Frequently Asked Questions
Quick answers to the most common questions about buying VREX stock.
Is VREX growing earnings?
VREX EPS fell to $-1.97, with earnings declining -45.3%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-83M.
What are VREX's profit margins?
Varex Imaging Corporation net margin is -8.3%, with operating margin at -3.3%. Below-average margins reflect competitive or cost pressures.
How consistent are VREX's earnings?
VREX earnings data spans 2014-2025. The declining earnings trend is -45.3% YoY. Historical data enables comparison across business cycles.