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
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 |
| 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 |