v3.26.1
SEGMENT INFORMATION (Tables)
 9 Months Ended
Jul. 03, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information related to the Company’s segments is as follows:
Three Months EndedNine Months Ended
(In millions)July 3, 2026July 4, 2025July 3, 2026July 4, 2025
Revenues, net
Medical$134.0 $142.1 $435.0 $440.5 
Industrial76.5 60.9 201.1 175.2 
Total revenues, net210.5 203.0 636.1 615.7 
Cost of revenues
Medical85.795.4290.1 288.4 
Industrial48.140.1126.9 114.6 
Total cost of revenues133.8 135.5 417.0 403.0 
Gross profit
Medical48.3 46.7 144.9 152.1 
Industrial28.4 20.8 74.2 60.6 
Total gross profit76.7 67.5 219.1 212.7 
Total operating expenses53.9 148.2 166.5 260.1 
Interest and other expense, net(6.6)(5.9)(39.0)(25.9)
Income (loss) before taxes16.2 (86.6)13.6 (73.3)
Income tax expense0.3 2.5 3.3 8.8 
Net income (loss)15.9 (89.1)10.3 (82.1)
Less: Net income attributable to noncontrolling interests0.2 — 0.4 0.4 
Net income (loss) attributable to Varex$15.7 $(89.1)$9.9 $(82.5)