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% on a QoQ basis from 1.15% in Q1 2026.
Varex Imaging (VREX) has 11 years of Net Margin data on file, last reported at 3.7% in Q2 2026.
- Quarterly Net Margin fell 704.0% year-over-year to 3.7% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 9.62% (down 449.0% YoY) and the FY2025 annual result came in at 8.28%, down 232.0% from the prior year.
- Net Margin fell to 3.7% in Q2 2026 per VREX's latest filing, from 1.15% in the prior quarter.
- Across five years, Net Margin topped out at 13.72% in Q3 2023 and bottomed at 43.89% in Q3 2025.
- The 5-year median for Net Margin is 1.56% (2022), against an average of 1.59%.
- Peak annual rise in Net Margin reached 3012 bps in 2025, while the deepest fall reached 4461 bps in 2025.
- Tracing VREX's Net Margin over 5 years: stood at 1.56% in 2022, then sank by 114 bps to 0.21% in 2023, then plunged by 11677 bps to 24.79% in 2024, then surged by 121 bps to 5.33% in 2025, then slumped by 169 bps to 3.7% in 2026.
- Per Business Quant, the three latest VREX Net Margin figures stand at 3.7% (Q2 2026), 1.15% (Q1 2026), and 5.33% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 12.75% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.00% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 16.74% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 8.01% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | - |
| 10 | Varex Imaging | 419.42 Mn | 345.02 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% |
| Apr 2, 2021 | 1.57% |
| Jan 1, 2021 | -3.56% |
| Oct 2, 2020 | -15.41% |
| Jul 3, 2020 | -16.47% |
| Apr 3, 2020 | -0.91% |
| Jan 3, 2020 | -0.60% |
| Sep 27, 2019 | 4.05% |
| Jun 28, 2019 | -0.66% |
| Mar 29, 2019 | 3.01% |
| Dec 28, 2018 | 1.62% |
| Sep 28, 2018 | 0.20% |
| Jun 29, 2018 | 2.04% |
| Mar 30, 2018 | 6.11% |
| Dec 29, 2017 | 6.47% |
| Sep 29, 2017 | 6.95% |
| Jun 30, 2017 | 6.29% |
| Mar 31, 2017 | 9.69% |
| Dec 30, 2016 | 7.12% |
| Sep 30, 2016 | 12.90% |
| Jul 1, 2016 | 11.76% |
| Apr 1, 2016 | 9.88% |
| Jan 1, 2016 | 9.67% |