Varex Imaging (VREX) Tax Rate (2016 - 2026)
Varex Imaging's (VREX) quarterly Tax Rate came in at 1.85% in Q3 2026, up 474.0% year-over-year from 0.32% in Q3 2025, and up 107.41% quarter-over-quarter from 25.0% in Q2 2026.
Analysis
Varex Imaging (VREX) Tax Rate (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Tax Rate for 11 consecutive years, with 1.85% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Tax Rate rose 474.0% year-over-year to 1.85% in Q3 2026; TTM through Jul 2026 was 18.77%, a 10677.0% increase from a year earlier, with the FY2025 full-year figure at 18.07%, down 108407.0% from the prior year.
- Tax Rate was 1.85% for Q3 2026 at Varex Imaging, up from 25.0% in the prior quarter.
- Over five years, Tax Rate peaked at 2140.0% in Q3 2024 and troughed at 3020.0% in Q3 2023.
- A 5-year average of 28.95% and a median of 33.8% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate slumped 302638 bps in 2023 and soared 516000 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 40.74% in 2022, then slipped by 18 bps to 33.33% in 2023, then surged by 6320 bps to 2140.0% in 2024, then tumbled by 99 bps to 13.48% in 2025, then slumped by 86 bps to 1.85% in 2026.
- The last three Tax Rate figures came in at 1.85% (Q3 2026), 25.0% (Q2 2026), and 36.84% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.82 Bn | 27.71 Bn | 2.18 Bn | 17.17% |
| 2 | Lantheus Holdings | 6.58 Bn | 5.98 Bn | 241.86 Mn | 20.03% |
| 3 | Heartflow | 4.13 Bn | 3.76 Bn | 53.19 Mn | -0.14% |
| 4 | Neogen | 2.57 Bn | 2.39 Bn | 107.80 Mn | 13.22% |
| 5 | Butterfly Network | 1.99 Bn | 1.86 Bn | 23.29 Mn | - |
| 6 | Ceribell | 927.22 Mn | 797.96 Mn | 25.94 Mn | - |
| 7 | QuidelOrtho | 880.39 Mn | 756.99 Mn | - | - |
| 8 | Varex Imaging | 778.85 Mn | 679.65 Mn | 76.70 Mn | 1.85% |
| 9 | Prenetics Global | 339.43 Mn | 280.38 Mn | 30.20 Mn | 0.06% |
| 10 | CapsoVision | 318.10 Mn | 309.03 Mn | 1.87 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 1.85% |
| Apr 3, 2026 | -25.00% |
| Jan 2, 2026 | 36.84% |
| Oct 3, 2025 | 13.48% |
| Jul 4, 2025 | -2.89% |
| Apr 4, 2025 | 34.26% |
| Jan 3, 2025 | 104.00% |
| Sep 27, 2024 | 2,140.00% |
| Jun 28, 2024 | -87.50% |
| Mar 29, 2024 | 30.43% |
| Dec 29, 2023 | 33.33% |
| Sep 29, 2023 | -3,020.00% |
| Jun 30, 2023 | 46.20% |
| Mar 31, 2023 | 44.87% |
| Dec 30, 2022 | 40.74% |
| Sep 30, 2022 | 6.38% |
| Jul 1, 2022 | 37.78% |
| Apr 1, 2022 | 44.12% |
| Dec 31, 2021 | 51.52% |
| Oct 1, 2021 | 40.54% |