Varex Imaging (VREX) Net Margin (2016 - 2026)
Varex Imaging (VREX) reported Net Margin of 3.7% for Q2 2026, down 704.0% year-over-year from 0.61% in Q2 2025, and down 423.46% quarter-over-quarter from 1.15% in Q1 2026.
Varex Imaging (VREX) Net Margin (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has 11 years of Net Margin data on file, last reported at 3.7% in Q2 2026.
- Net Margin for Q2 2026 came in at 3.7%, down 704.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 9.62% (down 449.0% YoY), and the FY2025 annual result was 8.28%, down 232.0% from the prior year.
- Net Margin declined to 3.7% in Q2 2026 per VREX's latest filing, from 1.15% in the prior quarter.
- Over five years, Net Margin peaked at 13.72% in Q3 2023 and troughed at 43.89% in Q3 2025.
- A 5-year average of 1.59% and a median of 1.56% in 2022 frame the typical range for Net Margin.
- On a YoY basis, Net Margin climbed as much as 3012 bps in 2025 and fell as far as 4461 bps in 2025.
- A 5-year view of Net Margin shows it stood at 1.56% in 2022, then tumbled by 114 bps to 0.21% in 2023, then slumped by 11677 bps to 24.79% in 2024, then jumped by 121 bps to 5.33% in 2025, then plunged by 169 bps to 3.7% in 2026.
- Business Quant data shows VREX's Net Margin at 3.7% in Q2 2026, 1.15% in Q1 2026, and 5.33% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 12.75% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.00% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 16.74% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 8.01% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | - |
| 10 | Varex Imaging | 441.84 Mn | 367.44 Mn | 72.60 Mn | -3.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | -3.70% |
| Jan 2, 2026 | 1.15% |
| Oct 3, 2025 | 5.33% |
| Jul 4, 2025 | -43.89% |
| Apr 4, 2025 | 3.33% |
| Jan 3, 2025 | -0.05% |
| Sep 27, 2024 | -24.79% |
| Jun 28, 2024 | 0.72% |
| Mar 29, 2024 | 0.78% |
| Dec 29, 2023 | -0.21% |
| Sep 29, 2023 | 13.72% |
| Jun 30, 2023 | 3.96% |
| Mar 31, 2023 | 1.88% |
| Dec 30, 2022 | 1.56% |
| Sep 30, 2022 | 5.70% |
| Jul 1, 2022 | 3.92% |
| Apr 1, 2022 | 3.54% |
| Dec 31, 2021 | 0.80% |
| Oct 1, 2021 | 3.89% |
| Jul 2, 2021 | 5.78% |