Varex Announces Financial Results for Second Quarter Fiscal Year 2026
Varex Imaging Corporation announced its financial results for the second quarter of fiscal year 2026, reporting revenues of $216 million. The GAAP gross margin stood at 34%, with an operating margin of 7%. The company experienced a GAAP net loss of $0.19 per diluted share, while the non-GAAP net income was $0.21 per diluted share. Despite cash outflows from operations amounting to $2 million, demand remained solid during the quarter.
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 m