Varex Announces Q1 2026 Financial Results

The medical imaging components manufacturer reports earnings for the first quarter of fiscal year 2026.

Published on Feb. 10, 2026

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Varex Imaging Corporation, a leading manufacturer of medical imaging components and subsystems, announced its financial results for the first quarter of fiscal year 2026. The company reported net earnings of $25.4 million, or $0.64 per diluted share, on revenues of $214.7 million for the quarter ended January 3, 2026.

Why it matters

Varex is a major supplier of critical components used in medical imaging equipment like CT scanners, mammography systems, and X-ray machines. The company's quarterly financial performance provides insight into the overall health of the medical imaging industry and can signal broader trends in healthcare technology.

The details

Varex's Q1 2026 results showed a 3.2% increase in revenues compared to the same period in the prior fiscal year. The company attributed the revenue growth to higher demand for its imaging components, particularly in the Americas and Asia Pacific regions. Gross margin for the quarter was 34.5%, up from 33.2% in the prior year's Q1.

  • Varex reported financial results for the first quarter of fiscal year 2026, which ended on January 3, 2026.

The players

Varex Imaging Corporation

A leading global manufacturer of medical imaging components and subsystems used in equipment like CT scanners, mammography systems, and X-ray machines.

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The takeaway

Varex's solid Q1 2026 financial performance indicates continued strong demand for medical imaging equipment and components, which is a positive sign for the overall healthcare technology sector.