Varex Imaging
VREX · NASDAQ · Healthcare
$18.45
$0.02 (-0.11%) today
Market Cap
$590.00M
24h Volume
$7.2M
P/E Ratio
29.6
52w High
$18.58
52w Low
$9.32
Est. AI Revenue
12%
7-Day Sparkline (Static)
Company facts
Performance
About Varex Imaging
Varex Imaging makes the components inside imaging machines. It sells X-ray tubes, detectors, and imaging software to the manufacturers of medical CT and radiography systems, plus industrial inspection and cargo screening customers. Revenue comes from supplying these original equipment makers.
AI enhances its component portfolio: AI-enabled X-ray detectors, smart imaging software, CT components, and AI-assisted industrial inspection tools that help machines find defects and read images more accurately.
Founded in 2017 and headquartered in Salt Lake City, Utah, Varex trades on the NASDAQ, employs roughly 2,100 people, and is led by CEO Sunny Sanyal.
Varex Imaging in the AI buildout
Varex sits in the AI Healthcare layer as a component supplier whose products increasingly carry AI features. Its AI-enhanced detectors and imaging software make medical and industrial imaging systems smarter, but customers buy tubes and detectors for imaging performance, not AI. Revenue tracks medical equipment and cargo screening demand, which keeps its buildout exposure minor. Supercycle scores Varex's AI exposure at 12 out of 100.
VREX is tracked in AI Healthcare, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
VREX trades at $18.45, 99% of the way up its 52-week range of $9.32 to $18.58.
Market cap
Market capitalization is $590.00M, with an AI Exposure Score of 12 out of 100.
Valuation vs peers
Its P/E ratio of 29.6 is in line with the AI Healthcare category median of 29.6.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Varex Imaging do?
Varex makes X-ray tubes, detectors, and imaging software sold to medical imaging equipment manufacturers and industrial inspection customers. Its components sit inside CT, radiography, and cargo screening systems.
How is Varex Imaging exposed to AI?
Lightly. Supercycle scores it 12 out of 100. AI-enhanced imaging software is a product feature, while revenue tracks demand for medical equipment and cargo screening rather than AI adoption.
What are Varex's main products?
AI X-ray detectors, smart imaging AI software, CT AI components, and industrial AI inspection tools. All are components and software supplied to imaging equipment makers rather than end products.
Where is Varex headquartered and who leads it?
Varex Imaging is headquartered in Salt Lake City, Utah, and led by CEO Sunny Sanyal. The company was founded in 2017, trades on the NASDAQ, and employs roughly 2,100 people.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.