Varex Imaging (VREX) Cost of Revenue (2016 - 2026)
Varex Imaging's (VREX) quarterly Cost of Revenue came in at $133.8 million in Q3 2026, down 1.25% year-over-year from $135.5 million in Q3 2025, and down 6.69% quarter-over-quarter from $143.4 million in Q2 2026.
Analysis
Varex Imaging (VREX) Cost of Revenue (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Cost of Revenue for 11 consecutive years, with $133.8 million the latest figure, recorded in Q3 2026.
- On a quarterly basis, Cost of Revenue fell 1.25% year-over-year to $133.8 million in Q3 2026; TTM through Jul 2026 was $568.1 million, a 4.89% increase from a year earlier, with the FY2025 full-year figure at $554.1 million, changed 0.0% from the prior year.
- Cost of Revenue was $133.8 million for Q3 2026 at Varex Imaging, down from $143.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $156.9 million in Q3 2022 and troughed at $131.3 million in Q1 2025.
- A 5-year average of $142.8 million and a median of $141.6 million in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue increased 10.49% in 2023 and fell 9.71% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $142.3 million in 2022, then decreased by 6.61% to $132.9 million in 2023, then gained by 4.29% to $138.6 million in 2024, then advanced by 9.02% to $151.1 million in 2025, then retreated by 11.45% to $133.8 million in 2026.
- The last three Cost of Revenue figures came in at $133.8 million (Q3 2026), $143.4 million (Q2 2026), and $139.8 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.78 Bn | 27.67 Bn | 2.18 Bn | 2.25 Bn |
| 2 | Lantheus Holdings | 6.58 Bn | 5.99 Bn | 241.86 Mn | 146.33 Mn |
| 3 | Heartflow | 4.11 Bn | 3.74 Bn | 53.19 Mn | 10.89 Mn |
| 4 | Neogen | 2.60 Bn | 2.41 Bn | 107.80 Mn | 117.50 Mn |
| 5 | Butterfly Network | 1.99 Bn | 1.86 Bn | 23.29 Mn | 9.32 Mn |
| 6 | Ceribell | 921.90 Mn | 792.63 Mn | 25.94 Mn | 2.16 Mn |
| 7 | QuidelOrtho | 886.88 Mn | 763.48 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 133.80 Mn |
| 9 | Prenetics Global | 338.37 Mn | 279.32 Mn | 30.20 Mn | 16.29 Mn |
| 10 | CapsoVision | 319.60 Mn | 310.52 Mn | 1.87 Mn | 1.77 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 |