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Side-by-side financial comparison of LGL GROUP INC (LGL) and Varex Imaging Corp (VREX). Click either name above to swap in a different company.

Varex Imaging Corp is the larger business by last-quarter revenue ($209.6M vs $803.0K, roughly 261.0× LGL GROUP INC). Varex Imaging Corp runs the higher net margin — 1.1% vs -3.4%, a 4.5% gap on every dollar of revenue. On growth, LGL GROUP INC posted the faster year-over-year revenue change (23.0% vs 4.9%). Over the past eight quarters, LGL GROUP INC's revenue compounded faster (43.1% CAGR vs 0.8%).

LGL Group Inc is a global electronic components manufacturer that designs, produces and markets high-performance frequency control products, radio frequency components and integrated circuit solutions. It primarily serves aerospace, defense, telecommunications, industrial and medical technology end markets, supplying specialized parts with strict reliability requirements.

Varex Imaging Corp is a global supplier of advanced imaging components and solutions, including X-ray tubes, digital flat panel detectors, and image processing software. Its products serve medical imaging, radiation oncology, and industrial non-destructive testing segments, with customers across key global markets.

LGL vs VREX — Head-to-Head

Bigger by revenue
VREX
VREX
261.0× larger
VREX
$209.6M
$803.0K
LGL
Growing faster (revenue YoY)
LGL
LGL
+18.1% gap
LGL
23.0%
4.9%
VREX
Higher net margin
VREX
VREX
4.5% more per $
VREX
1.1%
-3.4%
LGL
Faster 2-yr revenue CAGR
LGL
LGL
Annualised
LGL
43.1%
0.8%
VREX

Income Statement — Q4 2025 vs Q1 2026

Metric
LGL
LGL
VREX
VREX
Revenue
$803.0K
$209.6M
Net Profit
$-27.0K
$2.3M
Gross Margin
33.3%
Operating Margin
14.8%
7.3%
Net Margin
-3.4%
1.1%
Revenue YoY
23.0%
4.9%
Net Profit YoY
-113.4%
866.7%
EPS (diluted)
$-0.02
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LGL
LGL
VREX
VREX
Q1 26
$209.6M
Q4 25
$803.0K
$228.9M
Q3 25
$661.0K
$203.0M
Q2 25
$491.0K
$212.9M
Q1 25
$498.0K
$199.8M
Q4 24
$653.0K
Q3 24
$650.0K
$205.7M
Q2 24
$531.0K
$209.1M
Net Profit
LGL
LGL
VREX
VREX
Q1 26
$2.3M
Q4 25
$-27.0K
$12.2M
Q3 25
$772.0K
$-89.1M
Q2 25
$-51.0K
$6.9M
Q1 25
$-6.0K
$-300.0K
Q4 24
$202.0K
Q3 24
$72.0K
$-51.1M
Q2 24
$137.0K
$1.4M
Gross Margin
LGL
LGL
VREX
VREX
Q1 26
33.3%
Q4 25
34.0%
Q3 25
33.3%
Q2 25
36.0%
Q1 25
34.3%
Q4 24
Q3 24
32.6%
Q2 24
32.0%
Operating Margin
LGL
LGL
VREX
VREX
Q1 26
7.3%
Q4 25
14.8%
8.6%
Q3 25
18.2%
-39.8%
Q2 25
-6.3%
10.4%
Q1 25
8.2%
5.6%
Q4 24
37.5%
Q3 24
21.2%
5.3%
Q2 24
44.6%
4.4%
Net Margin
LGL
LGL
VREX
VREX
Q1 26
1.1%
Q4 25
-3.4%
5.3%
Q3 25
116.8%
-43.9%
Q2 25
-10.4%
3.2%
Q1 25
-1.2%
-0.2%
Q4 24
30.9%
Q3 24
11.1%
-24.8%
Q2 24
25.8%
0.7%
EPS (diluted)
LGL
LGL
VREX
VREX
Q1 26
$0.05
Q4 25
$-0.02
$0.29
Q3 25
$0.14
$-2.15
Q2 25
$-0.01
$0.17
Q1 25
$0.00
$-0.01
Q4 24
$0.05
Q3 24
$0.01
$-1.25
Q2 24
$0.02
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LGL
LGL
VREX
VREX
Cash + ST InvestmentsLiquidity on hand
$41.5M
$125.6M
Total DebtLower is stronger
$367.6M
Stockholders' EquityBook value
$43.5M
$476.9M
Total Assets
$46.8M
$1.1B
Debt / EquityLower = less leverage
0.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LGL
LGL
VREX
VREX
Q1 26
$125.6M
Q4 25
$41.5M
$155.1M
Q3 25
$41.6M
$152.6M
Q2 25
$41.8M
$223.0M
Q1 25
$41.9M
$212.6M
Q4 24
$41.6M
Q3 24
$41.6M
$200.5M
Q2 24
$41.1M
$190.0M
Total Debt
LGL
LGL
VREX
VREX
Q1 26
$367.6M
Q4 25
$367.5M
Q3 25
$367.5M
Q2 25
$567.2M
Q1 25
$567.0M
Q4 24
Q3 24
$443.4M
Q2 24
$443.1M
Stockholders' Equity
LGL
LGL
VREX
VREX
Q1 26
$476.9M
Q4 25
$43.5M
$472.6M
Q3 25
$39.8M
$455.3M
Q2 25
$39.1M
$549.7M
Q1 25
$39.2M
$540.2M
Q4 24
$39.2M
Q3 24
$39.0M
$529.1M
Q2 24
$38.9M
$581.2M
Total Assets
LGL
LGL
VREX
VREX
Q1 26
$1.1B
Q4 25
$46.8M
$1.1B
Q3 25
$43.3M
$1.1B
Q2 25
$43.0M
$1.4B
Q1 25
$43.3M
$1.3B
Q4 24
$43.1M
Q3 24
$42.5M
$1.2B
Q2 24
$42.2M
$1.3B
Debt / Equity
LGL
LGL
VREX
VREX
Q1 26
0.77×
Q4 25
0.78×
Q3 25
0.81×
Q2 25
1.03×
Q1 25
1.05×
Q4 24
Q3 24
0.84×
Q2 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LGL
LGL
VREX
VREX
Operating Cash FlowLast quarter
$-355.0K
$-16.1M
Free Cash FlowOCF − Capex
$-26.8M
FCF MarginFCF / Revenue
-12.8%
Capex IntensityCapex / Revenue
5.1%
Cash ConversionOCF / Net Profit
-7.00×
TTM Free Cash FlowTrailing 4 quarters
$-13.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LGL
LGL
VREX
VREX
Q1 26
$-16.1M
Q4 25
$-355.0K
$7.9M
Q3 25
$275.0K
$7.7M
Q2 25
$-190.0K
$16.6M
Q1 25
$340.0K
$9.5M
Q4 24
$-17.0K
Q3 24
$528.0K
$25.9M
Q2 24
$203.0K
$8.0M
Free Cash Flow
LGL
LGL
VREX
VREX
Q1 26
$-26.8M
Q4 25
$2.3M
Q3 25
$1.4M
Q2 25
$9.8M
Q1 25
$5.3M
Q4 24
Q3 24
$19.9M
Q2 24
$3.3M
FCF Margin
LGL
LGL
VREX
VREX
Q1 26
-12.8%
Q4 25
1.0%
Q3 25
0.7%
Q2 25
4.6%
Q1 25
2.7%
Q4 24
Q3 24
9.7%
Q2 24
1.6%
Capex Intensity
LGL
LGL
VREX
VREX
Q1 26
5.1%
Q4 25
2.4%
Q3 25
3.1%
Q2 25
3.2%
Q1 25
2.1%
Q4 24
Q3 24
2.9%
Q2 24
2.2%
Cash Conversion
LGL
LGL
VREX
VREX
Q1 26
-7.00×
Q4 25
0.65×
Q3 25
0.36×
Q2 25
2.41×
Q1 25
Q4 24
-0.08×
Q3 24
7.33×
Q2 24
1.48×
5.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LGL
LGL

Segment breakdown not available.

VREX
VREX

Medical Segment$144.8M69%
Industrial Segment$64.8M31%

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