Varex delivered Q1 FY2026 revenue of 209600000 dollars, up 5% year over year, with operating income of 15400000 dollars and net income attributable to Varex of 2300000 dollars, reflecting improved operating leverage and growth in Industrial revenue.
Total revenue increased 5% year over year to 209600000 dollars.
Industrial segment revenue grew 17% year over year to 64800000 dollars.
GAAP operating income rose to 15400000 dollars with a 7.3% margin.
Non-GAAP diluted EPS increased to 0.19 dollars from 0.10 dollars a year ago.
For Q2 FY2026, Varex expects revenue between 210000000 and 225000000 dollars and non-GAAP diluted EPS between 0.15 and 0.25 dollars.
Visualization of income flow from segment revenue to net income
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