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Varex Imaging

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World’s largest independent supplier of medical x-ray tubes

Salt Lake City, United StatesFounded 2017Health Tech & Medtech

Valuation $782M Market cap · 2026

Revenue $866M Latest reported FY

EBITDA $122M Latest reported FY

About Varex Imaging

Varex Imaging Corporation is a company that specializes in the design, manufacture, and sale of X-ray imaging components. The company operates through two segments: Medical and Industrial. The Medical segment designs, manufactures, and sells X-ray imaging components for use in a range of applications, including radiographic or fluoroscopic imaging, mammography, and computed tomography. The Industrial segment develops and markets products for use in security and industrial inspection applications, such as cargo screening at ports and borders and non-destructive testing of manufactured products.

The company's clients include original equipment manufacturers (OEMs) of medical and industrial imaging systems, as well as independent service companies and distributors. Varex Imaging makes money by selling its products to these customers. The company operates in a global market, with a presence in North America, Europe, and Asia.

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At a glance

Status: Listed
Founded: 2017
Headquarters: Salt Lake City, United States
Listing: IPO 2017
Employees: 1,369
Open positions: 32
Dealroom signal: 50.4/100
Industry: Health
Sub-industry: Medical Devices
Sector: Health Tech & Medtech, Image Recognition, Hard Tech, DT and LS
Technology: Artificial Intelligence, Big Data, Deep Tech, Computer Vision
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn X

Knowledge graph

Founder mafia, market maps, research and news connected to this company by Dealroom

Funding history

7 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
ACQUISITION✓Exit	Aug 2026	$1.1B	$1.1B	Teledyne Technologies	↗
POST IPO DEBT✓Debt	Mar 2026	$490M	—	Zions Bancorporation	↗

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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth	EBITDA	Margin	Profit	Margin	R&D
2026	$866M	+2.5%	$122M	14%	$20M	2.3%	$91M
2025	$845M	+4.1%	$98M	11.6%	−$70M	-8.3%	$91M
2024	$811M	-9.2%	$63M	7.8%	−$48M	-5.9%	$87M
2023	$893M	+4%	$61M	6.8%			$85M
2022	$859M	+5%	$84M	9.8%
2021	$818M	+10.8%	$71M	8.6%
2020	$738M	—	−$38M	-5.1%

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Growth signals

Varex Imaging website traffic

Latest recorded traffic for Varex Imaging is 41K monthly website visits, up 10.8% over the last three months. Varex Imaging's team grew 68.8% over the past year.

Latest monthly visits41K 3-month web change+10.8% 1-year team growth+68.8%

Monthly website visitsDec 2018–Aug 2026

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Open positions

Openings linked to this company in Dealroom

Accounting SpecialistCalamba-9 · Accounting · Oct 2, 2026 Site SupportSalt Lake City, Utah, United States, Northern America, Americas · CSM & Support · Oct 1, 2026 Field Service Engineer Security & Inspection ProductsMasqaţ, Oman · Other · Sep 30, 2026 Systems Test EngineerPioneer Road, Glendale, Salt Lake City, Salt Lake County, Utah, 84104, United States · Backend Development · Sep 28, 2026 Customs & Trade CompliancePioneer Road, Glendale, Salt Lake City, Salt Lake County, Utah, 84104, United States · Legal · Sep 25, 2026 Supplier QA EngineerPune, India, Southern Asia, Asia · Other · Sep 25, 2026 Network Engineer IISalt Lake City, Utah, United States, Northern America, Americas · Backend Development · Sep 25, 2026 Inventory Team LeaderSalt Lake City, Utah, United States, Northern America, Americas · Logistics · Sep 22, 2026

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