Varex Imaging Corp.
- VREX ยท Nasdaq
- Electronic Components, NEC
- Salt Lake City, UT
- 2,400 employees
- CIK 0001681622
Updated from SEC filings through
Top things to know
Executives
-
Sunny Sanyal President and CEO 4, 2025-12-17 - Shubham Maheshwari Chief Financial Officer 4, 2026-09-15
-
Karen L. Aranki Chief Human Resources Officer 4, 2026-08-18 -
Matthew Aaron Martinez Chief Legal Officer 4, 2025-12-12 - Karen Aranki Chief Human Resources Officer 10-K, 2025-11-18
- Matthew Martinez Chief Legal Officer and Corporate Secretary 10-K, 2025-11-18
What leadership is saying
“Third-quarter product sales before the IEEPA-related customer reimbursement adjustment were approximately $217 million, reflecting strong growth in Industrial and continued expansion in cargo and vehicle inspection systems”
Earnings press release (8-K Ex. 99.1), filed August 10, 2026
Varex Imaging Corp is a U.S. public company in electronic components, nec (SIC 3679), headquartered in Salt Lake City, UT. It trades as VREX on Nasdaq. Revenue was $845M in the fiscal year ending October 3, 2025, +4.1% from the year before. It reported about 2,400 employees. Sunny Sanyal is President and CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $845M 10-K, 2025-11-18 | $811M 10-K, 2024-11-19 | $893M 10-K, 2024-11-19 | $859M 10-K, 2024-11-19 | $818M 10-K, 2023-11-16 |
| Operating income | -$27.8M 10-K, 2025-11-18 | $32.1M 10-K, 2025-11-18 | $77.1M 10-K, 2025-11-18 | $88.2M 10-K, 2024-11-19 | $74.1M 10-K, 2023-11-16 |
| SG&A | $133M 10-K, 2025-11-18 | $138M 10-K, 2025-11-18 | $128M 10-K, 2025-11-18 | $118M 10-K, 2024-11-19 | $126M 10-K, 2023-11-16 |
| Net income | -$70.3M 10-K, 2025-11-18 | -$48.8M 10-K, 2025-11-18 | $47.4M 10-K, 2025-11-18 | $30.3M 10-K, 2024-11-19 | $17.4M 10-K, 2023-11-16 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Sunny Sanyal | President and CEO | 4, 2025-12-17 |
| Shubham Maheshwari | Chief Financial Officer | 4, 2026-09-15 |
| Karen L. Aranki | Chief Human Resources Officer | 4, 2026-08-18 |
| Matthew Aaron Martinez | Chief Legal Officer | 4, 2025-12-12 |
| Karen Aranki SVP, Chief Human Resources Officer | Chief Human Resources Officer | 10-K, 2025-11-18 |
| Matthew Martinez Chief Legal Officer | Chief Legal Officer and Corporate Secretary | 10-K, 2025-11-18 |
 Mark S. Jonaitis | Named Executives | 8-K, 2026-08-10 |
| Sunny S. Sanyal | Named Executives | 8-K, 2026-08-10 |
| Andrew J. Hartmann | Named Executives | 8-K, 2026-08-10 |
| Jesse Don Merkley | SVP and GM, Industrial | 3, 2026-03-27 |
| Victor Hugo Garcia | SVP, Regulatory and QA | 3, 2026-03-26 |
| Andrew Hartmann | SVP and GM, Detectors | 4, 2025-12-17 |
What Varex Imaging Corp does
Varex Imaging Corporation is a leading innovator, designer and manufacturer of X-ray imaging components including X-ray tubes, flat panel and photon counting detectors and accessories, linear accelerators, image software processing solutions, and stand-alone X-ray based systems in select application areas. Our components are used in medical diagnostic imaging, security inspection systems, and industrial quality inspection systems, as well as for analysis and measurement applications in industrial manufacturing applications.
Shares and governance
| Shares outstanding | 42.1 million (as of August 3, 2026) | 10-Q, August 10, 2026 |
|---|---|---|
| Public float | $339M (as of April 4, 2025) | 10-K, November 18, 2025 |
| Reportable segments | 2 (period ending July 3, 2026) | 10-Q, August 10, 2026 |
| Latest proxy statement | Meeting February 12, 2026 (filed December 29, 2025) | DEF 14A, December 29, 2025 |
| Auditor | Deloitte & Touche LLP (Salt Lake City, Utah) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 14, 2026 | Jay K. Kunkel Director | Sale | 8,121 | $150K | Form 4, September 15, 2026 |
| September 11, 2026 | Shubham Maheshwari Chief Financial Officer | Sale | 130,000 | $2.4M | Form 4, September 15, 2026 |
| March 20, 2026 | Jay K. Kunkel Director | Sale | 4,510 | $50K | Form 4, March 23, 2026 |
| September 19, 2025 | Karen L. Aranki Chief Human Resources Officer | Sale | 3,174 | $39K | Form 4, September 22, 2025 |
| August 14, 2025 | Jay K. Kunkel Director | Sale | 3,000 | $31K | Form 4, August 15, 2025 |
Recent 8-K events
- 8-K filed 2026-10-29
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-10-22
- Item 8.01 Other events
- 8-K filed 2026-08-10
- Item 1.01 Entry into a material definitive agreement
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-10
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-07
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-16
- Item 1.01 Entry into a material definitive agreement
- Item 1.02 Termination of a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 8.01 Other events
- 8-K filed 2026-02-13
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-02-10
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-11-18
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-09-11
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Varex Imaging Corp
- What does Varex Imaging Corp do?
- In its own words, from Item 1 of its 10-K: "Varex Imaging Corporation is a leading innovator, designer and manufacturer of X-ray imaging components including X-ray tubes, flat panel and photon counting detectors and accessories, linear accelerators, image software processing solutions, and stand-alone X-ray based systems in select application areas. Our components are used in medical diagnostic imaging, security inspection systems, and industrial quality inspection systems, as well as for analysis and measurement applications in industrial manufacturing applications."
- What is Varex Imaging Corp's revenue?
- $845M for the fiscal year ending October 3, 2025, from its 10-K filed November 18, 2025.
- Is Varex Imaging Corp profitable?
- Varex Imaging Corp reported net income of -$70.3M for the fiscal year ending October 3, 2025.
- How many employees does Varex Imaging Corp have?
- About 2,400 as of October 3, 2025, as stated in its annual report.
- Who is the CEO of Varex Imaging Corp?
- Sunny Sanyal, President and CEO, as named in a 4 filed December 17, 2025.
- Who is the CFO of Varex Imaging Corp?
- Shubham Maheshwari, Chief Financial Officer, as named in a 4 filed September 15, 2026.
- Where is Varex Imaging Corp headquartered?
- Salt Lake City, UT.
- What is Varex Imaging Corp's stock ticker?
- VREX on Nasdaq.
- What industry is Varex Imaging Corp in?
- Electronic Components, NEC, SIC code 3679.
- What is Varex Imaging Corp's website?
- vareximaging.com.
- When does Varex Imaging Corp report earnings next?
- November 17, 2026. Source: pg_future_events.
- Is Varex Imaging Corp a public company?
- Yes. Varex Imaging Corp files with the SEC under CIK 0001681622 and trades as VREX.
- Who audits Varex Imaging Corp?
- Deloitte & Touche LLP, Salt Lake City, Utah, as named in its latest annual report (10-K).
- How many shares of Varex Imaging Corp are outstanding?
- 42.1 million shares as of August 3, 2026, from its 10-Q filed August 10, 2026.
- What is Varex Imaging Corp's public float?
- $339M as of April 4, 2025, as reported on the cover of its 10-K filed November 18, 2025.
- How many business segments does Varex Imaging Corp report?
- 2 reportable segments for the period ending July 3, 2026, from its 10-Q filed August 10, 2026.
- When is Varex Imaging Corp's annual shareholder meeting?
- February 12, 2026, per its proxy statement (DEF 14A) filed December 29, 2025.
- Have Varex Imaging Corp insiders traded stock recently?
- Since August 14, 2025, officers and directors reported 5 open-market sales worth about $2.7M and 0 purchases on Forms 4 and 5. The most recent: Jay K. Kunkel (Director) sold 8,121 shares on September 14, 2026.