Growth Metrics

Varex Imaging (VREX) Operating Margin (2016 - 2026)

Varex Imaging has reported Operating Margin over the past 11 years, most recently at 7.35% for Q1 2026.

  • Quarterly Operating Margin rose 174.0% to 7.35% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 2.76% through Jan 2026, down 753.0% year-over-year, with the annual reading at 3.29% for FY2025, 725.0% down from the prior year.
  • Operating Margin was 7.35% for Q1 2026 at Varex Imaging, down from 8.56% in the prior quarter.
  • Over five years, Operating Margin peaked at 12.39% in Q2 2022 and troughed at 39.75% in Q3 2025.
  • The 5-year median for Operating Margin is 7.09% (2023), against an average of 4.74%.
  • The largest YoY upside for Operating Margin was 665bps in 2025 against a maximum downside of -4420bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 6.32% in 2022, then plummeted by -65bps to 2.21% in 2023, then soared by 140bps to 5.3% in 2024, then skyrocketed by 62bps to 8.56% in 2025, then decreased by -14bps to 7.35% in 2026.
  • Per Business Quant, the three most recent readings for VREX's Operating Margin are 7.35% (Q1 2026), 8.56% (Q4 2025), and 39.75% (Q3 2025).