Varex Imaging (VREX) Net Income (2016 - 2026)

Varex Imaging's (VREX) quarterly Net Income came in at -$8.0 million in Q2 2026, down 212.68% year-on-year from $7.1 million in Q2 2025, and down 433.33% on a QoQ basis from $2.4 million in Q1 2026.

Varex Imaging (VREX) Net Income (2016 - 2026) Analysis & Trends

Varex Imaging (VREX) has 11 years of Net Income data on file, last reported at -$8.0 million in Q2 2026.

  • On a quarterly basis, Net Income fell 212.68% year-over-year to -$8.0 million in Q2 2026; TTM through Apr 2026 was -$82.5 million, a 94.12% decrease from a year earlier, with the FY2025 full-year figure at -$69.9 million, down 44.72% from the prior year.
  • Net Income for Q2 2026 stood at -$8.0 million, down from $2.4 million in the prior quarter.
  • Over the last five years, Net Income for VREX reached as high as $31.2 million in Q3 2023 and fell as low as -$89.1 million in Q3 2025.
  • Historically, Net Income has averaged -$2.7 million across 5 years, with a median of $3.2 million in 2022.
  • Across the five-year window, Net Income slumped 6040.0% in 2025 and jumped 2500.0% in 2026, its largest moves.
  • Year by year, Net Income stood at $3.2 million in 2022, then sank by 112.5% to -$400000.0 in 2023, then sank by 12650.0% to -$51.0 million in 2024, then soared by 123.92% to $12.2 million in 2025, then slumped by 165.57% to -$8.0 million in 2026.
  • Per Business Quant data, the three most recent Net Income figures were -$8.0 million in Q2 2026, $2.4 million in Q1 2026, and $12.2 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 1.08 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 745.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 1.26 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 1.34 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn -
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 199.50 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 170.93 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 411.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Varex Imaging 450.24 Mn 375.84 Mn 72.60 Mn -8.00 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 -8.00 Mn
Jan 2, 2026 2.40 Mn
Oct 3, 2025 12.20 Mn
Jul 4, 2025 -89.10 Mn
Apr 4, 2025 7.10 Mn
Jan 3, 2025 -100,000.00
Sep 27, 2024 -51.00 Mn
Jun 28, 2024 1.50 Mn
Mar 29, 2024 1.60 Mn
Dec 29, 2023 -400,000.00
Sep 29, 2023 31.20 Mn
Jun 30, 2023 9.20 Mn
Mar 31, 2023 4.30 Mn
Dec 30, 2022 3.20 Mn
Sep 30, 2022 13.20 Mn
Jul 1, 2022 8.40 Mn
Apr 1, 2022 7.60 Mn
Dec 31, 2021 1.60 Mn
Oct 1, 2021 8.80 Mn
Jul 2, 2021 12.20 Mn