About Varex
Varex is a company based in Salt Lake City (United States) founded in 2017. The company has 2,300 employees as of September 30, 2024. Varex has completed 1 acquisition, including Direct Conversion. Varex offers products and services including X-ray Tubes, X-ray Detectors, High Voltage Interconnect, and Software Solutions. Varex operates in a competitive market with competitors including Siemens Healthineers, Olympus, Lantheus, Carestream and United Imaging Healthcare, among others.
- Headquarter Salt Lake City, United States
- Employees 2300 as on 30 Sep, 2024
- Stage Public
-
Sectors
Healthcare
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Varex Imaging Corporation
-
Annual Revenue
$844.6 M (USD)4.14as on Sep 30, 2025
-
Net Profit
-$70.3 M (USD)-44.06as on Sep 30, 2025
-
EBITDA
$93.3 M (USD)47.63as on Sep 30, 2025
-
Latest Funding Round
$175 M (USD), Post-IPO
Jun 05, 2020
-
Investors
Not available
-
Employee Count
2300
as on Sep 30, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Varex
Varex is a publicly listed company on the NASDAQ with ticker symbol VREX in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Varex
Varex offers a comprehensive portfolio of products and services, including X-ray Tubes, X-ray Detectors, High Voltage Interconnect, and Software Solutions.
Components for X-ray imaging in diagnostics and procedures
Detectors used in medical and industrial scanning applications
Connectors for X-ray systems in various sectors
Software for X-ray image processing and analysis
People of Varex
Unlock access to complete
Software Development Team
40 people
Leadership Team
15 people
Product Management Team
11 people
Senior Team
11 people
Finance and Accounting
11 people
Operations Team
6 people
Sales and Marketing
5 people
Electrical Team
4 people
Unlock access to complete
Funding Insights of Varex
Investments & Acquisitions by Varex
Varex has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Direct Conversion.
Investment portfolio details for Varex
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Developer of photon counting direct conversion based digital X-ray imaging systems
|
Locked | Locked | 2016 | Locked |
Complete acquisition details for Varex
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Varex
Detailed financials for Varex
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Varex Comparisons
Peer comparison for Varex
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Varex
Varex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Siemens Healthineers, Olympus, Lantheus, Carestream and United Imaging Healthcare, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
AI-based medical diagnostics are developed for healthcare applications.
|
|
| Locked | Locked | Locked |
Manufacturer of imaging and surgical products
|
|
| Locked | Locked | Locked |
Developer of diagnostic imaging agents and targeted therapeutics
|
|
| Locked | Locked | Locked |
Developer of diagnostic imaging and healthcare information technology systems for hospital use
|
|
| Locked | Locked | Locked |
Provider of portfolio of imaging devices for diagnostic and treatment purposes
|
Detailed competitors of Varex
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Varex
Complete news archive for Varex
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Varex
Varex was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Varex is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
As of Sep 30, 2024, the latest employee count at Varex is 2,300.
Annual revenue of Varex is $844.6M as on Sep 30, 2025.
Founded in 2017 and based in Salt Lake City, United States, imaging components are produced by the company for security and industrial applications. Products encompass replacement and OEM X-ray tubes, flat panel detectors, software solutions, high voltage connections, collimators, bucky systems, and AEC sensors. Operations focus on providing these devices to support diagnostic and inspection needs across relevant sectors.
Varex's top competitors include Olympus, Siemens Healthineers and United Imaging Healthcare.
Varex offers X-ray Tubes, X-ray Detectors, High Voltage Interconnect, and Software Solutions.
Yes, Varex is publicly traded on NASDAQ under the ticker symbol VREX.
Varex has made 1 acquisition, including Direct Conversion.
The ticker symbol of Varex is VREX on NASDAQ.