Varex Imaging (VREX) Research & Development (2016 - 2026)
Varex Imaging's (VREX) quarterly Research & Development came in at $22.2 million in Q2 2026, up 0.91% year-on-year from $22.0 million in Q2 2025, and up 2.3% on a QoQ basis 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.
- On a quarterly basis, Research & Development rose 0.91% year-over-year to $22.2 million in Q2 2026; TTM through Apr 2026 was $89.5 million, a 0.11% change from a year earlier, with the FY2025 full-year figure at $91.1 million, up 4.71% from the prior year.
- Research & Development for Q2 2026 stood at $22.2 million, up from $21.7 million in the prior quarter.
- Over the last five years, Research & Development for VREX reached as high as $24.2 million in Q4 2025 and fell as low as $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.
- Across the five-year window, Research & Development gained 21.69% in 2023 and dropped 7.66% in 2026, its largest moves.
- Year by year, Research & Development stood at $20.0 million in 2022, then gained by 2.5% to $20.5 million in 2023, then rose by 6.83% to $21.9 million in 2024, then increased by 10.5% to $24.2 million in 2025, then decreased by 8.26% to $22.2 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $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 | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Varex Imaging | 450.24 Mn | 375.84 Mn | 72.60 Mn | 22.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |