Varex Imaging VREX Revenue Breakdown

NASDAQ VREX
$18.40 -0.01 (-0.05%)
At close: Oct 19, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Varex Imaging, fiscal 2015 to 2025, as reported in its filings.
Annual history

Varex Imaging Revenue by Geography

Years FY 2015–2025
Lines 4
FY 2025 Total $844.60M

Other was Varex Imaging’s largest region in fiscal 2025, bringing in $317.90M of $844.60M (38%).

Varex Imaging revenue by geography, fiscal 2015 to 2025
Geography FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Other — $314.90M $317.20M $317.90M
United States — $275.10M $257.70M $254.90M
Japan — $156.60M $118.10M $143.50M
China — $146.80M $118.00M $128.30M
Total $859.40M $893.40M $811.00M $844.60M
Totals include 4 discontinued lines from earlier reporting.

Varex Imaging revenue by geography: what the figures show

Varex Imaging brought in $844.60M from its four regions in fiscal 2025, the year ended October 3, 2025. That was up 4.1% from $811.00M in fiscal 2024. Other was the largest at $317.90M (37.6%), ahead of United States at $254.90M (30.2%) and Japan at $143.50M (17.0%). The remaining region, China, brought in $128.30M.

Compared with fiscal 2024, Japan grew fastest, up 21.5% to $143.50M, while United States fell the most, down 1.1% to $254.90M.

Varex Imaging began breaking out Other in fiscal 2023, Japan in fiscal 2023 and China in fiscal 2023. Varex Imaging stopped reporting Apac ($305.30M in fiscal 2022), Emea ($280.80M in fiscal 2022) and Americas ($273.30M in fiscal 2022) as separate regions.

Annual history

Varex Imaging Revenue by Segment

Years FY 2015–2025
Lines 2
FY 2025 Total $844.60M

Medical was Varex Imaging’s largest segment in fiscal 2025, bringing in $592.60M of $844.60M (70%).

Varex Imaging revenue by segment, fiscal 2015 to 2025
Segment FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Medical $674.70M $673.30M $581.70M $592.60M
Industrial $184.70M $220.10M $229.30M $252.00M
Total $859.40M $893.40M $811.00M $844.60M

Varex Imaging revenue by segment: what the figures show

Varex Imaging brought in $844.60M from its two segments in fiscal 2025, the year ended October 3, 2025. That was up 4.1% from $811.00M in fiscal 2024. Medical was the largest at $592.60M (70.2%), ahead of Industrial at $252.00M (29.8%).

Compared with fiscal 2024, Industrial grew 9.9% to $252.00M and Medical grew 1.9% to $592.60M. From fiscal 2022 to 2025, combined revenue from these segments fell from $859.40M to $844.60M, a compound annual decline of 0.6%. Medical's share of the total fell from 78.5% to 70.2%.

Questions

Varex Imaging Revenue Breakdown FAQ

How does Varex Imaging make money?

Varex Imaging (VREX) reports its revenue by geography and by segment. In fiscal 2025, Other was its largest region, bringing in $317.90M (37.6% of the total), followed by United States at $254.90M (30.2%).

What is Varex Imaging's largest region?

Other was Varex Imaging's largest region in fiscal 2025, bringing in $317.90M, or 37.6% of the $844.60M total across its four regions.

What is Varex Imaging's largest segment?

Medical was Varex Imaging's largest segment in fiscal 2025, bringing in $592.60M, or 70.2% of the $844.60M total across its two segments.

Which Varex Imaging region is growing the fastest?

Among Varex Imaging's regions that make up at least 2% of revenue, Japan grew fastest in fiscal 2025, up 21.5% from $118.10M to $143.50M.

Where does this revenue breakdown data come from?

Every figure comes from Varex Imaging's annual financial filings, as reported. Each line keeps the name Varex Imaging gives it, and years follow its fiscal calendar.

How far back does Varex Imaging's revenue breakdown go?

Varex Imaging's revenue by geography goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.