Varex Imaging VREX
NASDAQ VREX
$18.50 +0.01 (+0.08%)
As of: Sep 9, 2026 · 1:00 PM EDT

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

Varex Imaging's (VREX) quarterly Net Margin came in at 7.55% in Q3 2026, up 5145.0% year-over-year from 0.14% in Q3 2025, and up 303.94% quarter-over-quarter from 3.7% in Q2 2026.

Analysis

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

Varex Imaging (VREX) has reported Net Margin for 11 consecutive years, with 7.55% the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Net Margin rose 5145.0% year-over-year to 7.55% in Q3 2026; TTM through Jul 2026 was 2.6%, a 1881.0% increase from a year earlier, with the FY2025 full-year figure at 8.28%, down 232.0% from the prior year.
  • Net Margin was 7.55% for Q3 2026 at Varex Imaging, up from 3.7% 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 1.08% and a median of 1.72% in 2022 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin plunged 4461 bps in 2025 and jumped 5145 bps in 2026, its largest moves.
  • Over 5 years, Net Margin stood at 1.56% in 2022, then plunged by 114 bps to 0.21% in 2023, then tumbled by 11677 bps to 24.79% in 2024, then soared by 121 bps to 5.33% in 2025, then jumped by 42 bps to 7.55% in 2026.
  • The last three Net Margin figures came in at 7.55% (Q3 2026), 3.7% (Q2 2026), and 1.15% (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 GE HealthCare Technologies 29.83 Bn 27.72 Bn 2.18 Bn 10.84%
2 Lantheus Holdings 6.58 Bn 5.99 Bn 241.86 Mn 19.33%
3 Heartflow 4.12 Bn 3.74 Bn 53.19 Mn -24.57%
4 Neogen 2.59 Bn 2.41 Bn 107.80 Mn -4.66%
5 Butterfly Network 1.99 Bn 1.86 Bn 23.29 Mn -39.59%
6 Ceribell 924.18 Mn 794.92 Mn 25.94 Mn -68.58%
7 QuidelOrtho 887.56 Mn 764.16 Mn - -
8 Varex Imaging 779.06 Mn 679.86 Mn 76.70 Mn 7.55%
9 Prenetics Global 338.23 Mn 279.18 Mn 30.20 Mn -19.15%
10 CapsoVision 320.10 Mn 311.02 Mn 1.87 Mn -205.35%
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 7.55%
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%