Varex Imaging (VREX) Cost of Revenue (2016 - 2026)
Varex Imaging (VREX) posted Cost of Revenue of $133.8 million for fiscal Q3 2026 (quarter ended Jul 3, 2026), down 1.3% from $135.5 million a year earlier and down 6.7% from the prior quarter.
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Analysis
Varex Imaging (VREX) Cost of Revenue (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jul 3, 2026, Cost of Revenue at Varex Imaging was $568.1 million, up 4.9% year-over-year; for FY2025 (ended Oct 3, 2025), it came in at $554.1 million, unchanged from FY2024.
- Annual Cost of Revenue shows a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- In prior fiscal years, Varex Imaging's Cost of Revenue was $554.1 million in FY2024 (-8.1%), $603.1 million in FY2023 (+4.7%), $575.9 million in FY2022 (+5.4%) and $546.6 million in FY2021 (-0.3%).
- The fiscal Q3 2026 figure stands as the lowest quarterly Cost of Revenue since fiscal Q1 2025.
- On a year-over-year basis, Cost of Revenue increased in three of the last eight quarters, with growth averaging 0.4%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was fiscal Q4 2021, with growth of 20.8%; the weakest was fiscal Q2 2024, with a decline of 9.7%.
- According to Business Quant data, Cost of Revenue for the three prior fiscal quarters was $143.4 million (Q2 2026), $139.8 million (Q1 2026) and $151.1 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.11 Bn |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 5.33 Bn |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 2.65 Bn |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 931.90 Mn |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 3.42 Bn |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 2.09 Bn |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 1.59 Bn |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 392.40 Mn |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 2.67 Bn |
| 10 | Varex Imaging | 778.05 Mn | 323.75 Mn | 76.70 Mn | 133.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 133.80 Mn |
| Apr 3, 2026 | 143.40 Mn |
| Jan 2, 2026 | 139.80 Mn |
| Oct 3, 2025 | 151.10 Mn |
| Jul 4, 2025 | 135.50 Mn |
| Apr 4, 2025 | 136.20 Mn |
| Jan 3, 2025 | 131.30 Mn |
| Sep 27, 2024 | 138.60 Mn |
| Jun 28, 2024 | 142.20 Mn |
| Mar 29, 2024 | 140.40 Mn |
| Dec 29, 2023 | 132.90 Mn |
| Sep 29, 2023 | 149.40 Mn |
| Jun 30, 2023 | 155.90 Mn |
| Mar 31, 2023 | 155.50 Mn |
| Dec 30, 2022 | 142.30 Mn |
| Sep 30, 2022 | 156.90 Mn |
| Jul 1, 2022 | 141.10 Mn |
| Apr 1, 2022 | 143.90 Mn |
| Dec 31, 2021 | 134.00 Mn |
| Oct 1, 2021 | 150.70 Mn |
API Access
Varex Imaging Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VREX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "VREX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VREX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();