Varex Imaging (VREX) Research & Development (2016 - 2026)
Varex Imaging (VREX) posted quarterly Research & Development of $22.2 million for Q2 2026, up 0.91% year-over-year from $22.0 million in Q2 2025, and up 2.3% quarter-over-quarter from $21.7 million in Q1 2026.
Varex Imaging (VREX) Research & Development (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Research & Development for 11 consecutive years, with $22.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 0.91% year-over-year to $22.2 million; the TTM figure through Apr 2026 stood at $89.5 million (changed 0.11% YoY), while the FY2025 annual figure was $91.1 million, up 4.71% from the prior year.
- Research & Development rose to $22.2 million in Q2 2026 per VREX's latest filing, from $21.7 million in the prior quarter.
- Across five years, Research & Development topped out at $24.2 million in Q4 2025 and bottomed at $18.9 million in Q2 2022.
- Historically, Research & Development has averaged $21.5 million across 5 years, with a median of $21.8 million in 2023.
- Annual changes were most pronounced in 2023 — Research & Development climbed 21.69% — and 2026, when it fell 7.66%.
- Varex Imaging's Research & Development stood at $20.0 million in 2022, then increased by 2.5% to $20.5 million in 2023, then grew by 6.83% to $21.9 million in 2024, then climbed by 10.5% to $24.2 million in 2025, then fell by 8.26% to $22.2 million in 2026.
- Business Quant data shows VREX's Research & Development at $22.2 million in Q2 2026, $21.7 million in Q1 2026, and $24.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Varex Imaging | 777.38 Mn | 678.18 Mn | 76.70 Mn | 23.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 23.30 Mn |
| Apr 3, 2026 | 22.20 Mn |
| Jan 2, 2026 | 21.70 Mn |
| Oct 3, 2025 | 24.20 Mn |
| Jul 4, 2025 | 21.40 Mn |
| Apr 4, 2025 | 22.00 Mn |
| Jan 3, 2025 | 23.50 Mn |
| Sep 27, 2024 | 21.90 Mn |
| Jun 28, 2024 | 22.00 Mn |
| Mar 29, 2024 | 22.60 Mn |
| Dec 29, 2023 | 20.50 Mn |
| Sep 29, 2023 | 21.80 Mn |
| Jun 30, 2023 | 20.00 Mn |
| Mar 31, 2023 | 23.00 Mn |
| Dec 30, 2022 | 20.00 Mn |
| Sep 30, 2022 | 20.20 Mn |
| Jul 1, 2022 | 20.20 Mn |
| Apr 1, 2022 | 18.90 Mn |
| Dec 31, 2021 | 17.70 Mn |
| Oct 1, 2021 | 17.80 Mn |