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

Varex Imaging (VREX) has reported Gross Margin for 11 consecutive years, with 36.44% the latest figure, recorded in Q3 2026.

• On a quarterly basis, Gross Margin rose 319.0% year-over-year to 36.44% in Q3 2026; TTM through Jul 2026 was 34.32%, a 26.0% increase from a year earlier, with the FY2025 full-year figure at 34.39%, up 272.0% from the prior year.
• Gross Margin was 36.44% for Q3 2026 at Varex Imaging, up from 33.61% in the prior quarter.
• Over five years, Gross Margin peaked at 36.44% in Q3 2026 and troughed at 30.05% in Q4 2023.
• A 5-year average of 33.15% and a median of 33.11% in 2022 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin soared 423 bps in 2025 and slumped 242 bps in 2026, its largest moves.
• Over 5 years, Gross Margin stood at 30.79% in 2022, then retreated by 2 bps to 30.05% in 2023, then advanced by 9 bps to 32.62% in 2024, then climbed by 4 bps to 33.99% in 2025, then increased by 7 bps to 36.44% in 2026.
• The last three Gross Margin figures came in at 36.44% (Q3 2026), 33.61% (Q2 2026), and 33.3% (Q1 2026), per Business Quant data.