Varex Imaging (VREX) Research & Development (2016 - 2026)

Varex Imaging (VREX) reported 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 11 years of Research & Development data on file, last reported at $22.2 million in Q2 2026.

  • Research & Development for Q2 2026 came in at $22.2 million, up 0.91% year-over-year; the trailing twelve-month figure through Apr 2026 was $89.5 million (changed 0.11% YoY), and the FY2025 annual result was $91.1 million, up 4.71% from the prior year.
  • Research & Development advanced to $22.2 million in Q2 2026 per VREX's latest filing, from $21.7 million in the prior quarter.
  • Over five years, Research & Development peaked at $24.2 million in Q4 2025 and troughed at $18.9 million in Q2 2022.
  • A 5-year average of $21.5 million and a median of $21.8 million in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2023 and 2026: Research & Development climbed 21.69% in 2023, then fell 7.66% in 2026.
  • A 5-year view of Research & Development shows it stood at $20.0 million in 2022, then grew by 2.5% to $20.5 million in 2023, then climbed by 6.83% to $21.9 million in 2024, then rose by 10.5% to $24.2 million in 2025, then declined 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 767.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 413.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 345.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 28.80 Mn
10 Varex Imaging 441.84 Mn 367.44 Mn 72.60 Mn 22.20 Mn

Historic Data

Download Data
DateValue
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
Jul 2, 2021 19.20 Mn