Varex Q2 revenue $216M (+1% YoY), GAAP EPS -$0.19; guides FY26 rev $860-880M, non-GAAP EPS $0.80-1.00

Varex Imaging Corp

2026-Q2 EPS reported -$0.14 revenue$425,600,000

Revenue $216M (+1% YoY); Medical $156M, Industrial $60M.
GAAP net loss $0.19/diluted share; Non-GAAP net income $0.21/diluted share.
Non-GAAP gross margin 34% (down from 36% YoY); cash outflows ops $2M; cash $88M (down from $155M).
FY26 guidance: revenue $860-880M, non-GAAP EPS $0.80-1.00; Q3FY26 rev $210-225M, non-GAAP EPS $0.15-0.30.
CEO cites momentum in CT, cargo, photon counting detectors; tariff refunds not assumed in guidance.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Varex Imaging Corp reported third quarter of fiscal year 2026 results: revenue between $210 million and $225 million, EPS Non-GAAP net earnings per diluted share is expected to be between $0.15 and $0.30. Guidance initiated.

Period: third quarter of fiscal year 2026
Revenue: between $210 million and $225 million
EPS: Non-GAAP net earnings per diluted share is expected to be between $0.15 and $0.30
Guidance: initiated
Result: guidance update

Exact text from the filing

Guidance for the third quarter of fiscal year 2026 is as follows: • Revenues are expected to be between $210 million and $225 million • Non-GAAP net earnings per diluted share is expected to be between $0.15 and $0.30

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Varex Imaging Corp reported second quarter fiscal year 2026 results: revenue $216 million, EPS GAAP net loss $0.19 per diluted share | Non-GAAP net income* $0.21 per diluted share. Guidance reaffirmed.

Period: second quarter fiscal year 2026
Revenue: $216 million
EPS: GAAP net loss $0.19 per diluted share | Non-GAAP net income* $0.21 per diluted share
Guidance: reaffirmed
Result: preliminary results

Exact text from the filing

CITY, May 7, 2026 – 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*

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Source: SEC EDGAR

accession 0001681622-26-000051

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