Varex Imaging (VREX) Operating Income (2016 - 2026)
Varex Imaging's (VREX) quarterly Operating Income came in at $22.8 million in Q3 2026, up 128.25% year-over-year from $10.0 million in Q3 2025, and up 58.33% quarter-over-quarter from $14.4 million in Q2 2026.
Analysis
Varex Imaging (VREX) Operating Income (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Operating Income for 11 consecutive years, with $22.8 million the latest figure, recorded in Q3 2026.
- On a quarterly basis, Operating Income rose 128.25% year-over-year to $22.8 million in Q3 2026; TTM through Jul 2026 was $72.2 million, a 297.81% increase from a year earlier, with the FY2025 full-year figure at -$27.8 million, down 186.6% from the prior year.
- Operating Income was $22.8 million for Q3 2026 at Varex Imaging, up from $14.4 million in the prior quarter.
- Over five years, Operating Income peaked at $26.6 million in Q2 2022 and troughed at -$80.7 million in Q3 2025.
- A 5-year average of $11.6 million and a median of $15.5 million in 2023 frame the typical range for Operating Income.
- The widest YoY moves for Operating Income: up 187.01% in 2025, down 967.74% in 2025.
- Over 5 years, Operating Income stood at $13.0 million in 2022, then sank by 67.69% to $4.2 million in 2023, then soared by 159.52% to $10.9 million in 2024, then soared by 79.82% to $19.6 million in 2025, then rose by 16.33% to $22.8 million in 2026.
- The last three Operating Income figures came in at $22.8 million (Q3 2026), $14.4 million (Q2 2026), and $15.4 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.54 Bn | 27.44 Bn | 2.18 Bn | 739.00 Mn |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn | 100.22 Mn |
| 3 | Heartflow | 4.04 Bn | 3.66 Bn | 53.19 Mn | -17.90 Mn |
| 4 | Neogen | 2.59 Bn | 2.41 Bn | 107.80 Mn | 3.10 Mn |
| 5 | Butterfly Network | 1.96 Bn | 1.84 Bn | 23.29 Mn | -13.66 Mn |
| 6 | Ceribell | 928.74 Mn | 799.48 Mn | 25.94 Mn | -19.98 Mn |
| 7 | QuidelOrtho | 866.04 Mn | 742.64 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 22.80 Mn |
| 9 | Prenetics Global | 339.99 Mn | 280.94 Mn | 30.20 Mn | -20.98 Mn |
| 10 | CapsoVision | 318.60 Mn | 309.52 Mn | 1.87 Mn | -7.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 22.80 Mn |
| Apr 3, 2026 | 14.40 Mn |
| Jan 2, 2026 | 15.40 Mn |
| Oct 3, 2025 | 19.60 Mn |
| Jul 4, 2025 | -80.70 Mn |
| Apr 4, 2025 | 22.10 Mn |
| Jan 3, 2025 | 11.20 Mn |
| Sep 27, 2024 | 10.90 Mn |
| Jun 28, 2024 | 9.30 Mn |
| Mar 29, 2024 | 7.70 Mn |
| Dec 29, 2023 | 4.20 Mn |
| Sep 29, 2023 | 24.30 Mn |
| Jun 30, 2023 | 24.20 Mn |
| Mar 31, 2023 | 15.60 Mn |
| Dec 30, 2022 | 13.00 Mn |
| Sep 30, 2022 | 24.60 Mn |
| Jul 1, 2022 | 23.00 Mn |
| Apr 1, 2022 | 26.60 Mn |
| Dec 31, 2021 | 14.00 Mn |
| Oct 1, 2021 | 26.50 Mn |