Varex Imaging Corp(VREX)Stock Analysis
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Rank #2,109 of 2,962 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
VREX Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for Varex Imaging Corp (VREX), a Technology sector company. 13F Pro's AI-powered ranking engine scores VREX at 40.3/100 on a 32-signal composite quality model, placing it at rank #2,109 of 2,962 stocks — the bottom half of the AI-ranked universe. Areas of concern include institutional flow (13.0) and free cash flow (23.1), which score below median versus the broader universe. Shareholder dilution risk is elevated at 41.4/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Varex Imaging Corp reports quarterly revenue of $210.5M, net income of $15.7M, free cash flow of $12.0M. Top institutional holders of VREX by reported 13-F value include PZENA INVESTMENT MANAGEMENT, BlackRock, Allspring Global Investments, based on the most recent SEC filings. VREX trades on the Nasdaq exchange and files with the SEC under CIK 1681622. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate VREX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Varex Imaging Corp directly from SEC EDGAR. Varex Imaging Corp's 13F Pro composite quality score has ranged between 27 and 48 since 2021, currently 40.3 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.
Revenue
Q2 2026
$210.5M
Net Income
Q2 2026
$15.7M
Free Cash Flow
Q2 2026
$12.0M
ROIC
Q2 2026
10.6%
D/E Ratio
Q2 2026
0.74
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
+4.1% YoYNet Income
-44.1% YoYOperating Income
-186.6% YoYEPS (Diluted)
-41.7% YoYTotal Assets
-8.8% YoYTotal Debt
-24.6% YoYOp. Cash Flow
-11.8% YoYFree Cash Flow
-7.8% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $844.6M +4.1% | $811.0M -9.2% | $893.4M +4.0% | $859.4M +5.0% | $818.1M +10.8% | $738.3M |
| Net Income | $-70.3M -44.1% | $-48.8M -203.0% | $47.4M +56.4% | $30.3M +74.1% | $17.4M +130.1% | $-57.9M |
| Operating Income | $-27.8M -186.6% | $32.1M -58.4% | $77.1M -12.6% | $88.2M +19.0% | $74.1M +319.9% | $-33.7M |
| EPS (Diluted) | $-1.70 -41.7% | $-1.20 -212.1% | $1.07 +46.6% | $0.73 +69.8% | $0.43 +128.9% | $-1.49 |
| Total Assets | $1.11B -8.8% | $1.21B -2.9% | $1.25B +5.5% | $1.18B +3.2% | $1.15B +0.7% | $1.14B |
| Total Debt | $369.0M -24.6% | $489.7M +10.3% | $444.1M +6.6% | $416.5M -4.8% | $437.3M -4.5% | $457.8M |
| Operating Cash Flow | $41.7M -11.8% | $47.3M -56.4% | $108.4M +541.4% | $16.9M -81.7% | $92.6M +601.5% | $13.2M |
| Free Cash Flow | $18.8M -7.8% | $20.4M -76.7% | $87.7M +662.6% | $11.5M -85.2% | $77.5M +852.4% | $-10.3M |
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13F Pro tracks comprehensive data for Varex Imaging Corp including:
Top Institutional Holders of VREX
PZENA INVESTMENT MANAGEMENT LLC
$45.3M4,344,381 shBlackRock, Inc.
$40.6M3,894,891 shAllspring Global Investments Holdings, LLC
$24.4M2,283,986 shNeuberger Berman Group LLC
$21.7M2,082,597 shLSV ASSET MANAGEMENT
$19.5M1,869,944 shVANGUARD CAPITAL MANAGEMENT LLC
$19.5M1,867,162 shRICE HALL JAMES & ASSOCIATES, LLC
$15.1M1,445,853 shACADIAN ASSET MANAGEMENT LLC
$11.9M1,140,888 shSTATE STREET CORP
$11.6M1,116,509 shGEODE CAPITAL MANAGEMENT, LLC
$11.5M1,097,969 sh
| Fund | Value | Shares |
|---|---|---|
| PZENA INVESTMENT MANAGEMENT LLC | $45.3M | 4,344,381 |
| BlackRock, Inc. | $40.6M | 3,894,891 |
| Allspring Global Investments Holdings, LLC | $24.4M | 2,283,986 |
| Neuberger Berman Group LLC | $21.7M | 2,082,597 |
| LSV ASSET MANAGEMENT | $19.5M | 1,869,944 |
| VANGUARD CAPITAL MANAGEMENT LLC | $19.5M | 1,867,162 |
| RICE HALL JAMES & ASSOCIATES, LLC | $15.1M | 1,445,853 |
| ACADIAN ASSET MANAGEMENT LLC | $11.9M | 1,140,888 |
| STATE STREET CORP | $11.6M | 1,116,509 |
| GEODE CAPITAL MANAGEMENT, LLC | $11.5M | 1,097,969 |
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Popular Research
Is VREX a good stock to buy?
13F Pro's AI-powered analysis of Varex Imaging Corp (VREX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for VREX are available on the VREX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. VREX is classified as a small company.
Which hedge funds own VREX?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling VREX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Varex Imaging Corp's investment landscape.