Varex Imaging
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Varex Imaging's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 9% to $811,000,000. Profit margin reached -6%. Total operating expenses were $224,800,000.
Profit Margin
| 2015 | 632.3M | 80M | 12.65% |
|---|---|---|---|
| 2016 | 620.1M | 68.5M | 11.05% |
| 2017 | 698.1M | 51.6M | 7.39% |
| 2018 | 773.4M | 27.5M | 3.56% |
| 2019 | 780.6M | 15.5M | 1.99% |
| 2020 | 738.3M | -56.6M | -7.67% |
| 2021 | 818.1M | 17.4M | 2.13% |
| 2022 | 859.4M | 30.3M | 3.53% |
| 2023 | 893.4M | 48.2M | 5.4% |
| 2024 | 811M | -47.7M | -5.88% |
VREX Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 811M | 893.4M | 859.4M | 818.1M | 738.3M | 780.6M | 773.4M | 698.1M | 620.1M | 632.3M |
Cost of revenue | 554.1M | 603.1M | 575.9M | 546.6M | 548.1M | 523.9M | 519.5M | 444.6M | 371.7M | 381.7M |
Gross profit | 256.9M | 290.3M | 283.5M | 271.5M | 190.2M | 256.7M | 253.9M | 253.5M | 248.4M | 250.6M |
Operating exp. | ||||||||||
Research and development | 87M | 84.8M | 77M | 71.9M | 78.9M | 78.1M | 83M | 67.3M | 53.5M | 50.4M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 224.8M | 213.2M | 195.3M | 197.4M | 221.1M | 206.2M | 209.4M | 169.8M | 139.3M | 123.1M |
Operating income | 32.1M | 77.1M | 50.7M | 33.4M | -30.9M | 8.2M | 44.5M | 83.7M | 109.1M | 127.5M |
Other income (expenses), net | -27.1M | -45.8M | -6.2M | -4.8M | -38.9M | 13.3M | 2.7M | -8.9M | -2.5M | 100K |
Income before tax | 5M | 31.3M | 44.5M | 28.6M | -71.8M | 21.5M | 25.7M | 74.8M | 105M | 127.6M |
Income tax expense | 52.2M | -17.4M | 13.7M | 10.7M | -15.2M | 5.7M | -2.6M | 22.8M | 36M | 46.8M |
Net income | -47.7M | 48.2M | 30.3M | 17.4M | -56.6M | 15.5M | 27.5M | 51.6M | 68.5M | 80M |
Earnings per share | ||||||||||
Basic EPS | -1.17 | 1.2 | 0.76 | 0.44 | -1.46 | 0.41 | 0.73 | 1.37 | 1.79 | 2.09 |
Diluted EPS | -1.17 | 0.96 | 0.73 | 0.43 | -1.46 | 0.4 | 0.72 | 1.36 | 1.78 | 2.08 |
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