SuperworthVarex Imaging profit margin VREX
Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.
- Net margin, 12 months
- 2.6%
- Operating margin, 12 months
- 8.3%
- Net margin on a year earlier
- +18.8 pts
- Peer median
- 1.9%
Over the twelve months to Jul 3, 2026, Varex Imaging kept 2.6% of its revenue as net profit, with an operating margin of 8.3% and a gross margin of 34.3%.
Five years earlier its net margin was −2.3%.
The median for 10 electronic components stocks of a similar size is 1.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −8.3% | −3.3% | 34.4% |
| FY2024 | −6.0% | 4.0% | 31.7% |
| FY2023 | 5.4% | 8.6% | 32.5% |
| FY2022 | 3.5% | 10.3% | 33.0% |
| FY2021 | 2.1% | 9.1% | 33.2% |
| FY2020 | −7.8% | −4.6% | 25.8% |
| FY2019 | 2.0% | 5.9% | 32.9% |
| FY2018 | 3.5% | 5.8% | 32.8% |
| FY2017 | 7.4% | 12.1% | 36.3% |
| FY2016 | 11.0% | 17.6% | 40.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 2.6% | +18.8 pts | 8.3% | |
| Q2 FY26 | −9.6% | −4.4 pts | −3.7% | |
| Q1 FY26 | −7.9% | −2.0 pts | −2.8% | |
| Q4 FY25 | −8.3% | −2.3 pts | −3.3% | |
| Q3 FY25 | −16.3% | −20.4 pts | −4.4% | |
| Q2 FY25 | −5.2% | −10.1 pts | 6.5% | |
| Q1 FY25 | −5.9% | −11.0 pts | 4.8% | |
| Q4 FY24 | −6.0% | −11.4 pts | 4.0% | |
| Q3 FY24 | 4.1% | +0.8 pts | 5.5% | |
| Q2 FY24 | 4.9% | +1.7 pts | 7.1% | |
| Q1 FY24 | 5.1% | +1.4 pts | 7.8% | |
| Q4 FY23 | 5.4% | +1.9 pts | 8.6% |
Against its peers
Companies in Hardware, Equipment & Parts nearest Varex Imaging's size, closest first, today.
| Company | Profit margin |
|---|---|
| VREXVarex Imaging | 2.6% |
| TRNSTranscat | 1.0% |
| FEIMFrequency Electronics | 3.7% |
| MLABMesa Laboratories | 1.9% |
| VPGVishay Precision | 1.2% |
| KEKimball Electronics | 2.0% |
| ALNTAllient | 5.0% |
| CTSCTS | 12.4% |
| MPTIM-tron Industries | 16.3% |
| BHEBenchmark Electronics | 1.9% |
| INTTIntest | 0.8% |
| Peer median | 1.9% |
Where Varex Imaging ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Varex Imaging
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.