Growth Metrics

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% on a QoQ basis from $21.7 million in Q1 2026.

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

  • Quarterly Research & Development rose 0.91% year-over-year to $22.2 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $89.5 million (changed 0.11% YoY) and the FY2025 annual result came in at $91.1 million, up 4.71% from the prior year.
  • Research & Development climbed 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.
  • The 5-year median for Research & Development is $21.8 million (2023), against an average of $21.5 million.
  • The widest annual swing landed in 2023, when Research & Development gained 21.69%; it then dropped 7.66% in 2026.
  • Tracing VREX's Research & Development over 5 years: stood at $20.0 million in 2022, then advanced by 2.5% to $20.5 million in 2023, then gained by 6.83% to $21.9 million in 2024, then grew by 10.5% to $24.2 million in 2025, then slipped by 8.26% to $22.2 million in 2026.
  • Per Business Quant, the three latest VREX Research & Development figures stand at $22.2 million (Q2 2026), $21.7 million (Q1 2026), and $24.2 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 767.00 Mn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 413.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 345.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 28.80 Mn
10 Varex Imaging 419.42 Mn 345.02 Mn 72.60 Mn 22.20 Mn

Historic Data

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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
Apr 2, 2021 18.20 Mn
Jan 1, 2021 16.70 Mn
Oct 2, 2020 17.30 Mn
Jul 3, 2020 19.00 Mn
Apr 3, 2020 20.90 Mn
Jan 3, 2020 21.70 Mn
Sep 27, 2019 19.60 Mn
Jun 28, 2019 20.90 Mn
Mar 29, 2019 18.80 Mn
Dec 28, 2018 18.80 Mn
Sep 28, 2018 20.70 Mn
Jun 29, 2018 20.50 Mn
Mar 30, 2018 22.00 Mn
Dec 29, 2017 19.70 Mn
Sep 29, 2017 21.90 Mn
Jun 30, 2017 17.70 Mn
Mar 31, 2017 14.40 Mn
Dec 30, 2016 13.30 Mn
Sep 30, 2016 13.90 Mn
Jul 1, 2016 14.00 Mn
Apr 1, 2016 13.10 Mn
Jan 1, 2016 12.50 Mn