Varex Imaging (VREX) Operating Expenses (2016 - 2026)
Varex Imaging's (VREX) quarterly Operating Expenses came in at $58.2 million in Q2 2026, up 6.59% year-on-year from $54.6 million in Q2 2025, and up 6.99% on a QoQ basis from $54.4 million in Q1 2026.
Varex Imaging (VREX) Operating Expenses (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has 11 years of Operating Expenses data on file, last reported at $58.2 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 6.59% year-over-year to $58.2 million in Q2 2026; TTM through Apr 2026 was $319.0 million, a 41.34% increase from a year earlier, with the FY2025 full-year figure at $318.3 million, up 41.59% from the prior year.
- Operating Expenses for Q2 2026 stood at $58.2 million, up from $54.4 million in the prior quarter.
- Over the last five years, Operating Expenses for VREX reached as high as $148.2 million in Q3 2025 and fell as low as $44.2 million in Q2 2022.
- Historically, Operating Expenses has averaged $59.6 million across 5 years, with a median of $54.6 million in 2025.
- Across the five-year window, Operating Expenses slipped 9.43% in 2022 and surged 157.29% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $50.3 million in 2022, then climbed by 5.17% to $52.9 million in 2023, then advanced by 6.24% to $56.2 million in 2024, then advanced by 3.56% to $58.2 million in 2025, then increased by 0.0% to $58.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $58.2 million in Q2 2026, $54.4 million in Q1 2026, and $58.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 785.50 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 495.00 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -668.50 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | -47.00 Mn |
| 10 | Varex Imaging | 450.24 Mn | 375.84 Mn | 72.60 Mn | 58.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 2, 2021 | 48.40 Mn |