Varex Imaging (VREX) Operating Income (2016 - 2026)
Varex Imaging's Operating Income was $22.8 million in fiscal Q3 2026 (quarter ended Jul 3, 2026), compared with -$80.7 million a year earlier and up 58.3% from the prior quarter.
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Analysis
Varex Imaging (VREX) Operating Income (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Varex Imaging's Operating Income was $72.2 million through Jul 3, 2026; for FY2025 (ended Oct 3, 2025), it was -$27.8 million.
- In earlier fiscal years, Operating Income was $32.1 million in FY2024 (-58.4%), $77.1 million in FY2023 (-12.6%), $88.2 million in FY2022 (+19.0%) and $74.1 million in FY2021.
- The fiscal Q3 2026 figure marks the highest quarterly Operating Income since fiscal Q4 2023.
- Compared with a year earlier, Operating Income was higher in four of the last six quarters, with growth averaging 63.5%.
- The best year-over-year quarter for Operating Income over five years was fiscal Q2 2025 (growth of 187.0%); the worst was fiscal Q1 2024 (a decline of 67.7%).
- Per Business Quant data, VREX's Operating Income in the three fiscal quarters before Q3 2026 was $14.4 million (Q2 2026), $15.4 million (Q1 2026) and $19.6 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 2.09 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 1.69 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 1.13 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 971.90 Mn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 1.76 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 1.66 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 1.18 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 513.20 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 663.00 Mn |
| 10 | Varex Imaging | 777.63 Mn | 323.33 Mn | 76.70 Mn | 22.80 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 |
API Access
Varex Imaging Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=VREX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "VREX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=VREX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();