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| 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 |