Varex Imaging (VREX) Operating Leases (2020 - 2026)
Varex Imaging (VREX) posted Operating Leases of $22 million for fiscal Q3 2026 (quarter ended Jul 3, 2026), up 13.4% from $19.4 million a year earlier but down 4.3% from the prior quarter.
Varex Imaging (VREX) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 3, 2025), Varex Imaging's Operating Leases came in at $24 million, up 4.3% from FY2024.
- Annual Operating Leases shows a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- In prior fiscal years, Varex Imaging's Operating Leases was $23 million in FY2024 (-0.4%), $23.1 million in FY2023 (+28.3%), $18 million in FY2022 (-3.7%) and $18.7 million in FY2021 (-19.0%).
- Quarterly Operating Leases has run from a low of $17.1 million in fiscal Q2 2023 to a high of $24 million in fiscal Q4 2025 over five years.
- On a year-over-year basis, Operating Leases has increased in each of the last four quarters, with growth averaging 0.5% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was fiscal Q2 2024, with growth of 39.8%; the weakest was fiscal Q1 2022, with a decline of 22.1%.
- According to Business Quant data, Operating Leases for the three prior fiscal quarters was $23 million (Q2 2026), $23.3 million (Q1 2026) and $24 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn |
| 10 | Varex Imaging | 778.05 Mn | 323.75 Mn | 76.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 22.00 Mn |
| Apr 3, 2026 | 23.00 Mn |
| Jan 2, 2026 | 23.30 Mn |
| Oct 3, 2025 | 24.00 Mn |
| Jul 4, 2025 | 19.40 Mn |
| Apr 4, 2025 | 19.60 Mn |
| Jan 3, 2025 | 21.40 Mn |
| Sep 27, 2024 | 23.00 Mn |
| Jun 28, 2024 | 22.80 Mn |
| Mar 29, 2024 | 23.90 Mn |
| Dec 29, 2023 | 22.90 Mn |
| Sep 29, 2023 | 23.10 Mn |
| Jun 30, 2023 | 23.40 Mn |
| Mar 31, 2023 | 17.10 Mn |
| Dec 30, 2022 | 17.90 Mn |
| Sep 30, 2022 | 18.00 Mn |
| Jul 1, 2022 | 20.20 Mn |
| Apr 1, 2022 | 19.00 Mn |
| Dec 31, 2021 | 17.30 Mn |
| Oct 1, 2021 | 18.70 Mn |
Varex Imaging Operating Leases 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-leases&ticker=VREX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=VREX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();