Varex Imaging (VREX) Intangibles (2016 - 2026)
Varex Imaging (VREX) reported Intangibles of $12.4 million for fiscal Q3 2026 (quarter ended Jul 3, 2026), down 17.3% from $15 million a year earlier and down 6.1% from the prior quarter.
Varex Imaging (VREX) Intangibles (2016 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 3, 2025), Varex Imaging posted Intangibles of $14 million, down 13.0% from FY2024.
- Intangibles has declined for six consecutive fiscal years, with a five-year compound annual growth rate of -27.0% (FY2020 to FY2025).
- By fiscal year, Intangibles came in at $16.1 million in FY2024 (-28.1%), $22.4 million in FY2023 (-33.3%), $33.6 million in FY2022 (-33.7%) and $50.7 million in FY2021 (-24.9%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Intangibles in data going back to fiscal Q4 2016.
- Year over year, Intangibles gained in 1 of the last eight quarters, with an average decline of 16.1%.
- The high point for year-over-year Intangibles in five years was fiscal Q1 2026 (growth of 3.5%); the low point was fiscal Q2 2024 (a decline of 37.0%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $13.2 million (Q2 2026), $14.7 million (Q1 2026) and $14 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.99 Bn | 237.02 Bn | 4.88 Bn | 18.61 Bn |
| 2 | Abbott Laboratories | 175.01 Bn | 145.44 Bn | 7.27 Bn | 17.21 Bn |
| 3 | Danaher | 164.93 Bn | 148.74 Bn | 3.61 Bn | 21.36 Bn |
| 4 | Intuitive Surgical | 151.84 Bn | 131.26 Bn | 1.96 Bn | 1.14 Bn |
| 5 | Medtronic | 119.05 Bn | 84.30 Bn | 6.34 Bn | 10.24 Bn |
| 6 | Stryker | 113.89 Bn | 100.00 Bn | 4.50 Bn | 5.74 Bn |
| 7 | Boston Scientific | 65.37 Bn | 60.13 Bn | 3.85 Bn | 6.92 Bn |
| 8 | Becton Dickinson | 53.36 Bn | 50.51 Bn | 2.32 Bn | 448.00 Mn |
| 9 | Edwards Lifesciences | 50.83 Bn | 34.83 Bn | 1.35 Bn | 1.38 Bn |
| 10 | Varex Imaging | 775.48 Mn | 307.28 Mn | 76.70 Mn | 12.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 12.40 Mn |
| Apr 3, 2026 | 13.20 Mn |
| Jan 2, 2026 | 14.70 Mn |
| Oct 3, 2025 | 14.00 Mn |
| Jul 4, 2025 | 15.00 Mn |
| Apr 4, 2025 | 15.30 Mn |
| Jan 3, 2025 | 14.20 Mn |
| Sep 27, 2024 | 16.10 Mn |
| Jun 28, 2024 | 16.40 Mn |
| Mar 29, 2024 | 18.20 Mn |
| Dec 29, 2023 | 22.10 Mn |
| Sep 29, 2023 | 22.40 Mn |
| Jun 30, 2023 | 25.50 Mn |
| Mar 31, 2023 | 28.90 Mn |
| Dec 30, 2022 | 31.70 Mn |
| Sep 30, 2022 | 33.60 Mn |
| Jul 1, 2022 | 37.40 Mn |
| Apr 1, 2022 | 42.10 Mn |
| Dec 31, 2021 | 46.40 Mn |
| Oct 1, 2021 | 50.70 Mn |
Varex Imaging Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=VREX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "VREX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=VREX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();