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

Varex Imaging (VREX) has 11 years of Gross Margin data on file, last reported at 33.61% in Q2 2026.

• Gross Margin for Q2 2026 came in at 33.61%, down 242.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 33.55% (down 19.0% YoY), and the FY2025 annual result was 34.39%, up 272.0% from the prior year.
• Gross Margin improved to 33.61% in Q2 2026 per VREX's latest filing, from 33.3% in the prior quarter.
• Over five years, Gross Margin peaked at 36.03% in Q2 2025 and troughed at 30.05% in Q4 2023.
• A 5-year average of 32.96% and a median of 32.98% in 2022 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2025 and 2026: Gross Margin jumped 423 bps in 2025, then sank 242 bps in 2026.
• A 5-year view of Gross Margin shows it stood at 30.79% in 2022, then decreased by 2 bps to 30.05% in 2023, then increased by 9 bps to 32.62% in 2024, then advanced by 4 bps to 33.99% in 2025, then retreated by 1 bps to 33.61% in 2026.
• Business Quant data shows VREX's Gross Margin at 33.61% in Q2 2026, 33.3% in Q1 2026, and 33.99% in Q4 2025.