Varex Q3 FY26 GAAP EPS returns to profit at $0.37; revenue rises 4% to $211 million - VREX News | RalliesVarex Q3 FY26 GAAP EPS returns to profit at $0.37; revenue rises 4% to $211 million
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VREX• Q3 FY2026 results
- Varex Imaging reported Q3 FY2026 revenue up 4% year-over-year to USD 211 million, while GAAP net income was USD 0.37 per diluted share.
- GAAP gross margin widened 3.1 percentage points to 36.4%, with non-GAAP gross margin at 36.7%.
- GAAP operating margin improved to 10.8% from a loss a year earlier, while non-GAAP operating margin rose to 11.6% from 8.2%.
- Industrial revenue climbed to USD 77 million from USD 61 million, while Medical revenue eased to USD 134 million from USD 142 million.
- Operating cash flow was USD 21 million; the quarter included USD 17 million of U.S. Customs tariff refunds tied to IEEPA duties.
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