Growth Metrics

Varex Imaging (VREX) Gross Margin (2016 - 2026)

Varex Imaging has reported Gross Margin over the past 11 years, most recently at 33.3% for Q1 2026.

  • Quarterly Gross Margin fell 98.0% to 33.3% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 34.15% through Jan 2026, up 146.0% year-over-year, with the annual reading at 34.39% for FY2025, 272.0% up from the prior year.
  • Gross Margin was 33.3% for Q1 2026 at Varex Imaging, down from 33.99% in the prior quarter.
  • Over five years, Gross Margin peaked at 36.03% in Q2 2025 and troughed at 30.05% in Q4 2023.
  • The 5-year median for Gross Margin is 32.92% (2023), against an average of 32.91%.
  • Year-over-year, Gross Margin tumbled -181bps in 2022 and then skyrocketed 423bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 30.79% in 2022, then decreased by -2bps to 30.05% in 2023, then rose by 9bps to 32.62% in 2024, then grew by 4bps to 33.99% in 2025, then fell by -2bps to 33.3% in 2026.
  • Per Business Quant, the three most recent readings for VREX's Gross Margin are 33.3% (Q1 2026), 33.99% (Q4 2025), and 33.25% (Q3 2025).