Varex Imaging (VREX) Operating Income (2016 - 2026)
Varex Imaging's (VREX) quarterly Operating Income came in at $14.4 million in Q2 2026, down 34.84% year-on-year from $22.1 million in Q2 2025, and down 6.49% on a QoQ basis from $15.4 million in Q1 2026.
Varex Imaging (VREX) Operating Income (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has 11 years of Operating Income data on file, last reported at $14.4 million in Q2 2026.
- On a quarterly basis, Operating Income fell 34.84% year-over-year to $14.4 million in Q2 2026; TTM through Apr 2026 was -$31.3 million, a 158.5% decrease from a year earlier, with the FY2025 full-year figure at -$27.8 million, down 186.6% from the prior year.
- Operating Income for Q2 2026 stood at $14.4 million, down from $15.4 million in the prior quarter.
- Over the last five years, Operating Income for VREX reached as high as $26.6 million in Q2 2022 and fell as low as -$80.7 million in Q3 2025.
- Historically, Operating Income has averaged $10.9 million across 5 years, with a median of $15.4 million in 2026.
- On a YoY basis, Operating Income climbed as much as 187.01% in 2025 and fell as far as 967.74% in 2025.
- Year by year, Operating Income stood at $13.0 million in 2022, then sank by 67.69% to $4.2 million in 2023, then jumped by 159.52% to $10.9 million in 2024, then jumped by 79.82% to $19.6 million in 2025, then slipped by 26.53% to $14.4 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $14.4 million in Q2 2026, $15.4 million in Q1 2026, and $19.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 1.35 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 936.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 1.87 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 1.10 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 477.60 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 255.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 282.15 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 515.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Varex Imaging | 450.24 Mn | 375.84 Mn | 72.60 Mn | 14.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 2, 2021 | 25.70 Mn |