---
schema_version: "secwatch.filing_event.v1"
accession: "0001681622-26-000051"
form_type: "8-K"
ticker: "VREX"
cik: "0001681622"
company_name: "Varex Imaging Corp"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:51:06.990946+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001681622-26-000051
- form_type: 8-K
- ticker: VREX
- cik: 0001681622
- company_name: Varex Imaging Corp
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1681622/000168162226000051/0001681622-26-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1681622/000168162226000051/vrex-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001681622-26-000051
- JSON: https://secwatch.observer/filing/0001681622-26-000051.json
- Plain text: https://secwatch.observer/filing/0001681622-26-000051.txt

## Source-grounded claims
- claim_id: 07752b8970752bbd147834e2c427fe399776042b
  claim: 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.
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1681622/000168162226000051/0001681622-26-000051-index.htm
- claim_id: 636e83bb8744eb443115dcb473adbb04003c23f2
  claim: 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.
  evidence_excerpt: 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*
  evidence_url: https://www.sec.gov/Archives/edgar/data/1681622/000168162226000051/0001681622-26-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.