Varex Imaging VREX
NASDAQ VREX
$18.50 +0.01 (+0.05%)
As of: Sep 9, 2026 · 3:59 PM EDT

Varex Imaging (VREX) Operating Expenses (2016 - 2026)

Varex Imaging's (VREX) quarterly Operating Expenses came in at $53.9 million in Q3 2026, down 63.63% year-over-year from $148.2 million in Q3 2025, and down 7.39% quarter-over-quarter from $58.2 million in Q2 2026.

Analysis

Varex Imaging (VREX) Operating Expenses (2016 - 2026) Analysis & Trends

Varex Imaging (VREX) has reported Operating Expenses for 11 consecutive years, with $53.9 million the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Operating Expenses fell 63.63% year-over-year to $53.9 million in Q3 2026; TTM through Jul 2026 was $224.7 million, a 28.96% decrease from a year earlier, with the FY2025 full-year figure at $318.3 million, up 41.59% from the prior year.
  • Operating Expenses was $53.9 million for Q3 2026 at Varex Imaging, down from $58.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $148.2 million in Q3 2025 and troughed at $44.2 million in Q2 2022.
  • A 5-year average of $59.3 million and a median of $54.5 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 157.29% in 2025 and sank 63.63% in 2026, its largest moves.
  • Over 5 years, Operating Expenses stood at $50.3 million in 2022, then increased by 5.17% to $52.9 million in 2023, then grew by 6.24% to $56.2 million in 2024, then grew by 3.56% to $58.2 million in 2025, then slipped by 7.39% to $53.9 million in 2026.
  • The last three Operating Expenses figures came in at $53.9 million (Q3 2026), $58.2 million (Q2 2026), and $54.4 million (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE HealthCare Technologies 29.54 Bn 27.44 Bn 2.18 Bn 1.44 Bn
2 Lantheus Holdings 6.56 Bn 5.97 Bn 241.86 Mn 103.44 Mn
3 Heartflow 4.04 Bn 3.66 Bn 53.19 Mn 71.09 Mn
4 Neogen 2.59 Bn 2.41 Bn 107.80 Mn 104.70 Mn
5 Butterfly Network 1.96 Bn 1.84 Bn 23.29 Mn 36.95 Mn
6 Ceribell 928.74 Mn 799.48 Mn 25.94 Mn 45.92 Mn
7 QuidelOrtho 866.04 Mn 742.64 Mn - -
8 Varex Imaging 779.06 Mn 679.86 Mn 76.70 Mn 53.90 Mn
9 Prenetics Global 339.99 Mn 280.94 Mn 30.20 Mn -10.82 Mn
10 CapsoVision 318.60 Mn 309.52 Mn 1.87 Mn 9.45 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 53.90 Mn
Apr 3, 2026 58.20 Mn
Jan 2, 2026 54.40 Mn
Oct 3, 2025 58.20 Mn
Jul 4, 2025 148.20 Mn
Apr 4, 2025 54.60 Mn
Jan 3, 2025 57.30 Mn
Sep 27, 2024 56.20 Mn
Jun 28, 2024 57.60 Mn
Mar 29, 2024 58.10 Mn
Dec 29, 2023 52.90 Mn
Sep 29, 2023 53.70 Mn
Jun 30, 2023 52.10 Mn
Mar 31, 2023 57.10 Mn
Dec 30, 2022 50.30 Mn
Sep 30, 2022 49.90 Mn
Jul 1, 2022 50.40 Mn
Apr 1, 2022 44.20 Mn
Dec 31, 2021 50.80 Mn
Oct 1, 2021 49.10 Mn