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
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