Varex Imaging (VREX) Net Income (2016 - 2026)
Varex Imaging (VREX) posted quarterly Net Income of -$8.0 million for Q2 2026, down 212.68% year-over-year from $7.1 million in Q2 2025, and down 433.33% quarter-over-quarter from $2.4 million in Q1 2026.
Varex Imaging (VREX) Net Income (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Net Income for 11 consecutive years, with -$8.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Income fell 212.68% year-over-year to -$8.0 million; the TTM figure through Apr 2026 stood at -$82.5 million (down 94.12% YoY), while the FY2025 annual figure was -$69.9 million, down 44.72% from the prior year.
- Net Income fell to -$8.0 million in Q2 2026 per VREX's latest filing, from $2.4 million in the prior quarter.
- Across five years, Net Income topped out at $31.2 million in Q3 2023 and bottomed at -$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.
- Annual changes were most pronounced in 2025 — Net Income plunged 6040.0% — and 2026, when it soared 2500.0%.
- Varex Imaging's 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 jumped by 123.92% to $12.2 million in 2025, then slumped by 165.57% to -$8.0 million in 2026.
- Business Quant data shows VREX's Net Income at -$8.0 million in Q2 2026, $2.4 million in Q1 2026, and $12.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 202.72 Bn | 197.12 Bn | 7.27 Bn | 928.00 Mn |
| 2 | Stryker | 126.42 Bn | 122.94 Bn | 4.50 Bn | 1.28 Bn |
| 3 | Medtronic | 119.75 Bn | 110.53 Bn | 6.41 Bn | 1.26 Bn |
| 4 | Boston Scientific | 74.13 Bn | 73.60 Bn | 3.85 Bn | 905.00 Mn |
| 5 | Edwards Lifesciences | 51.78 Bn | 47.53 Bn | 1.35 Bn | 241.40 Mn |
| 6 | Dexcom | 35.29 Bn | 33.34 Bn | 830.00 Mn | 249.10 Mn |
| 7 | GE HealthCare Technologies | 33.95 Bn | 31.85 Bn | 2.18 Bn | 574.00 Mn |
| 8 | Koninklijke Philips | 26.22 Bn | 22.90 Bn | 4.55 Bn | 618.38 Mn |
| 9 | Steris | 23.21 Bn | 22.73 Bn | 684.20 Mn | 201.00 Mn |
| 10 | Varex Imaging | 779.69 Mn | 680.49 Mn | 76.70 Mn | 15.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 15.90 Mn |
| 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 |