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Varex Imaging VREX · USD

Health Care · US listing · 🇺🇸 United States

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18.45

+0.05%

Close of 9 Nov 2026, in USD

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About Varex Imaging

From its filings with the US Securities and Exchange Commission

SEC filings

Varex Imaging is based in Salt Lake City, Utah and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker VREX. The SEC classifies its business as electronic components, nec. In the fiscal year to 3 October 2025, it reported revenue of $844.6m and a net loss of $70.3m. At that date it held total assets of $1.11bn and shareholders' equity of $472.6m. By business, Medical brought in 70.2% of revenue, followed by Industrial at 29.8%.

In its own words

Varex Imaging Corporation is a leading innovator, designer and manufacturer of X-ray imaging components including X-ray tubes, flat panel and photon counting detectors and accessories, linear accelerators, image software processing solutions, and stand-alone X-ray based systems in select application areas. Our components are used in medical diagnostic imaging, security inspection systems, and industrial quality inspection systems, as well as for analysis and measurement applications in industrial manufacturing applications. Global OEMs incorporate our X-ray imaging components into their systems to detect, diagnose, protect, irradiate, and inspect. Varex has approximately 2,400 full-time equivalent employees, located at engineering, manufacturing, and service center sites in North America, Europe, and Asia.

Our products are sold in three geographic regions: the Americas, EMEA, and APAC. The Americas includes North America (primarily the United States) and Latin America. EMEA includes Europe, the Middle East, India, and Africa. APAC includes Asia (other than India) and Australia. Revenues by region are based on the known final destination of products sold.

Quoted from its 10-K, filed 18 Nov 2025. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Health Care Equipment & Supplies
Listed since
20 Jan 2017
Employees
2,400
Head office
1678 S. PIONEER ROAD, SALT LAKE CITY, UT, 84104
Incorporated in
DE
Classification
Electronic Components, NEC
Filer status
Accelerated filer

Leadership

Pay as last reported

  • Mr. Walter RosebroughIndependent Chairman of the Board$286,994
  • Mr. Sunny SanyalPresident, Chief Executive Officer, Director, since 2017$4.6m
  • Mr. Shubham MaheshwariChief Financial Officer$1.9m
  • Ms. Karen ArankiChief Human Resources Officer$1.2m
  • Mr. Andrew HartmannSenior Vice President, General Manager - Detectors$1.3m
  • Mr. Mark JonaitisSenior Vice President, General Manager - X-Ray Sources$1.2m
  • Mr. Matthew MartinezChief Legal Officer and Corporate Secretary
  • Ms. Kathleen BardwellIndependent Director$252,994
  • Dr. Jocelyn ChertoffIndependent Director$252,994
  • Mr. Timothy GuertinIndependent Director$254,994
  • Mr. Jay KunkelIndependent Director$251,994
  • Ms. Christine TsingosIndependent Director$267,994

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
89
Environment
99
Social
99
Governance
69
Direct emissions (scope 1)
4,856 t
Energy emissions (scope 2)
11,725 t
Value chain emissions (scope 3)
146 t
Women in the workforce
23.36083%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Varex Imaging Corp possesses several strengths that contribute to its success:
  • Despite its strengths, Varex Imaging Corp also faces certain weaknesses:
  • Varex Imaging Corp can leverage the following opportunities to fuel its future growth:
  • Varex Imaging Corp should be aware of the following threats that could impact its business:

Weaknesses

  • Despite its strengths, Varex Imaging Corp also faces certain weaknesses:
  • Varex Imaging Corp can leverage the following opportunities to fuel its future growth:
  • Varex Imaging Corp should be aware of the following threats that could impact its business:

Opportunities

  • Varex Imaging Corp can leverage the following opportunities to fuel its future growth:
  • Varex Imaging Corp should be aware of the following threats that could impact its business:

Threats

  • Varex Imaging Corp should be aware of the following threats that could impact its business:

Sources and methodology

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