Growth Metrics

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

Varex Imaging (VREX) has disclosed Gross Margin for 11 consecutive years, with 33.3% as the latest value 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 for Q1 2026 was 33.3% at Varex Imaging, down from 33.99% in the prior quarter.
  • The five-year high for Gross Margin was 36.03% in Q2 2025, with the low at 30.05% in Q4 2023.
  • Average Gross Margin over 5 years is 32.91%, with a median of 32.92% recorded in 2023.
  • The sharpest move saw Gross Margin crashed -181bps in 2022, then surged 423bps in 2025.
  • Over 5 years, Gross Margin stood at 30.79% in 2022, then dropped by -2bps to 30.05% in 2023, then increased by 9bps to 32.62% in 2024, then rose by 4bps to 33.99% in 2025, then decreased by -2bps to 33.3% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 33.3%, 33.99%, and 33.25% for Q1 2026, Q4 2025, and Q3 2025 respectively.