Varex Imaging (VREX) Tax Provisions (2016 - 2026)
Varex Imaging (VREX) posted quarterly Tax Provisions of $1.6 million for Q2 2026, down 56.76% year-over-year from $3.7 million in Q2 2025, and up 14.29% quarter-over-quarter from $1.4 million in Q1 2026.
Varex Imaging (VREX) Tax Provisions (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Tax Provisions for 11 consecutive years, with $1.6 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions fell 56.76% year-over-year to $1.6 million; the TTM figure through Apr 2026 stood at $7.4 million (down 87.48% YoY), while the FY2025 annual figure was $10.7 million, down 79.92% from the prior year.
- Tax Provisions improved to $1.6 million in Q2 2026 per VREX's latest filing, from $1.4 million in the prior quarter.
- Across five years, Tax Provisions topped out at $53.5 million in Q3 2024 and bottomed at -$30.2 million in Q3 2023.
- Historically, Tax Provisions has averaged $3.7 million across 5 years, with a median of $2.2 million in 2022.
- Annual changes were most pronounced in 2023 — Tax Provisions sank 3455.56% — and 2025, when it jumped 1400.0%.
- Varex Imaging's Tax Provisions stood at $2.2 million in 2022, then plunged by 109.09% to -$200000.0 in 2023, then soared by 26850.0% to $53.5 million in 2024, then plunged by 96.45% to $1.9 million in 2025, then slipped by 15.79% to $1.6 million in 2026.
- Business Quant data shows VREX's Tax Provisions at $1.6 million in Q2 2026, $1.4 million in Q1 2026, and $1.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 596.00 Mn |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 288.00 Mn |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 575.00 Mn |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 155.00 Mn |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 278.40 Mn |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 68.40 Mn |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 119.00 Mn |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | -185.98 Mn |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 72.50 Mn |
| 10 | Varex Imaging | 778.22 Mn | 679.02 Mn | 76.70 Mn | 300,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 300,000.00 |
| Apr 3, 2026 | 1.60 Mn |
| Jan 2, 2026 | 1.40 Mn |
| Oct 3, 2025 | 1.90 Mn |
| Jul 4, 2025 | 2.50 Mn |
| Apr 4, 2025 | 3.70 Mn |
| Jan 3, 2025 | 2.60 Mn |
| Sep 27, 2024 | 53.50 Mn |
| Jun 28, 2024 | -700,000.00 |
| Mar 29, 2024 | 700,000.00 |
| Dec 29, 2023 | -200,000.00 |
| Sep 29, 2023 | -30.20 Mn |
| Jun 30, 2023 | 7.90 Mn |
| Mar 31, 2023 | 3.50 Mn |
| Dec 30, 2022 | 2.20 Mn |
| Sep 30, 2022 | 900,000.00 |
| Jul 1, 2022 | 5.10 Mn |
| Apr 1, 2022 | 6.00 Mn |
| Dec 31, 2021 | 1.70 Mn |
| Oct 1, 2021 | 6.00 Mn |