Varex Imaging VREX
NASDAQ VREX
$18.50 +0.01 (+0.05%)
As of: Sep 9, 2026 · 3:59 PM EDT

Varex Imaging (VREX) Research & Development (2016 - 2026)

Varex Imaging's (VREX) quarterly Research & Development came in at $23.3 million in Q3 2026, up 8.88% year-over-year from $21.4 million in Q3 2025, and up 4.95% quarter-over-quarter from $22.2 million in Q2 2026.

Analysis

Varex Imaging (VREX) Research & Development (2016 - 2026) Analysis & Trends

Varex Imaging (VREX) has reported Research & Development for 11 consecutive years, with $23.3 million the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Research & Development rose 8.88% year-over-year to $23.3 million in Q3 2026; TTM through Jul 2026 was $91.4 million, a 2.93% increase from a year earlier, with the FY2025 full-year figure at $91.1 million, up 4.71% from the prior year.
  • Research & Development was $23.3 million for Q3 2026 at Varex Imaging, up from $22.2 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 $21.6 million and a median of $21.8 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development advanced 21.69% in 2023 and declined 7.66% in 2026, its largest moves.
  • Over 5 years, Research & Development stood at $20.0 million in 2022, then climbed by 2.5% to $20.5 million in 2023, then advanced by 6.83% to $21.9 million in 2024, then gained by 10.5% to $24.2 million in 2025, then dropped by 3.72% to $23.3 million in 2026.
  • The last three Research & Development figures came in at $23.3 million (Q3 2026), $22.2 million (Q2 2026), and $21.7 million (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 GE HealthCare Technologies 29.54 Bn 27.44 Bn 2.18 Bn 323.00 Mn
2 Lantheus Holdings 6.56 Bn 5.97 Bn 241.86 Mn 82.81 Mn
3 Heartflow 4.04 Bn 3.66 Bn 53.19 Mn 30.58 Mn
4 Neogen 2.59 Bn 2.41 Bn 107.80 Mn 41.10 Mn
5 Butterfly Network 1.96 Bn 1.84 Bn 23.29 Mn 11.47 Mn
6 Ceribell 928.74 Mn 799.48 Mn 25.94 Mn 24.42 Mn
7 QuidelOrtho 866.04 Mn 742.64 Mn - -
8 Varex Imaging 779.06 Mn 679.86 Mn 76.70 Mn 23.30 Mn
9 Prenetics Global 339.99 Mn 280.94 Mn 30.20 Mn -757,000.00
10 CapsoVision 318.60 Mn 309.52 Mn 1.87 Mn 5.31 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 23.30 Mn
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