Varian Medical Systems

Varian Medical Systems, Inc. is the leading manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. The Company supplies informatics software for managing comprehensive cancer clinics, radiotherapy centers and medical oncology practices. Varian is a premier supplier of tubes and digital detectors for X-ray imaging in medical, scientific, and industrial applications and also supplies X-ray imaging products for cargo screening and industrial inspection. 
The Halcyon system is Varian’s newest cancer treatment device, engineered to simplify and enhance virtually every aspect of image-guided volumetric intensity-modulated radiotherapy (IMRT). Halcyon combines fast volumetric imaging and dose delivery with the power of Eclipse treatment planning system in a transformative platform.

Company Growth (employees)
Palo Alto, US
Size (employees)
7,800 (est)
Varian Medical Systems was founded in 1948 and is headquartered in Palo Alto, US

Varian Medical Systems Office Locations

Varian Medical Systems has an office in Palo Alto
Palo Alto, US (HQ)
3100 Hansen Way

Varian Medical Systems Data and Metrics

Varian Medical Systems Financial Metrics

Varian Medical Systems's revenue was reported to be $655 m in Q2, 2017

Revenue (Q2, 2017)

655 m

Gross profit (Q2, 2017)

275.3 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

56 m

EBIT (Q2, 2017)

89.8 m

Market capitalization (21-Sep-2017)

9.7 b

Cash (31-Mar-2017)

705.5 m
Varian Medical Systems's current market capitalization is $9.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


2.9 b3 b3.1 b3.2 b

Revenue growth, %


Cost of goods sold

1.7 b1.7 b1.8 b1.9 b

Gross profit

1.2 b1.3 b1.3 b1.4 b
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017


747.7 m737.9 m759.4 m784 m758.8 m789.4 m763.3 m655 m

Cost of goods sold

424 m410.8 m436.9 m469 m441.5 m443 m428.8 m379.7 m

Gross profit

323.7 m327 m322.5 m315 m317.2 m346.4 m334.5 m275.3 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


1.1 b849.3 m845.5 m843.5 m

Accounts Receivable

4.4 m1.3 m


535.2 m572.3 m612.6 m639.7 m

Current Assets

2.7 b2.5 b2.5 b2.6 b
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017


926 m904.4 m862.2 m951.4 m961.1 m835.9 m814.7 m705.5 m


586.1 m630.9 m651.8 m640.1 m653.3 m682.5 m661.6 m453.7 m

Current Assets

2.6 b2.6 b2.6 b2.6 b2.8 b2.5 b2.4 b2.1 b


328.6 m335.3 m334.8 m343.4 m374.4 m372.5 m375.1 m252.6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

438.2 m403.7 m412 m402.7 m

Depreciation and Amortization

62.9 m62.5 m68.5 m64.2 m

Accounts Receivable

(43.3 m)(74.5 m)(79.4 m)(168.3 m)


(76.4 m)(43.3 m)(41.6 m)(27.7 m)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

107.1 m93.3 m106 m113.6 m97 m98.9 m21 m56 m


640.1 m653.3 m682.5 m661.6 m453.7 m

Accounts Payable

180.5 m174.2 m180.3 m174.8 m144 m
USDY, 2017


84 k

Financial Leverage

2.4 x
Show all financial metrics

Varian Medical Systems Market Value History

Varian Medical Systems Median Salaries

Source: 202 public H-1B filings from Varian Medical Systems

Traffic Overview of Varian Medical Systems

Varian Medical Systems Online and Social Media Presence

Varian Medical Systems Company Life and Culture

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