What is Varex Imaging Corporation's R&D?

Varex Imaging Corporation (VREX) reported R&D of $22.2M in Q1 2026.

How has Varex Imaging Corporation's R&D changed year-over-year?

Varex Imaging Corporation's R&D increased by 0.9% year-over-year, from $22M to $22.2M.

What is the long-term trend for Varex Imaging Corporation's R&D?

Over 4 years (2021 to 2025), Varex Imaging Corporation's R&D has grown at a 6.1% compound annual growth rate (CAGR), from $71.9M to $91.1M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Varex Imaging Corporation VREX R&D

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$84.6M+13.9%

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$345M+0.3%

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$30M+18.6%

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$956K+53.2%

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ITG

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Other financials

Income statement

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Revenue$216.0M+1.5%

Gross profit$72.6M-5.3%

Operating income$14.4M-34.8%

Net income-$8.1M-217%

EPS (diluted)-$0.19-212%

Balance sheet

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Cash & equivalents$87.7M-73.6%

Total debt$380.6M-36.2%

Total equity$474.2M-13.7%

Total assets$1.1B-19.8%

Cash flow

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Operating cash flow-$1.5M-109%

CapEx$6.2M-8.8%

Free cash flow-$7.7M-179%

Valuation

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Market cap$433.69M+34.8%

Enterprise value$726.59M+24.0%

P/S0.5×+0.1×

Profitability

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Gross margin33.6%-0.2pp

Operating margin-4.4%-9.9pp

Net margin-16.3%-20.3pp

FCF margin-3.6%-8.2pp

Returns & leverage

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Return on equity-25.8%-31.8pp

Debt / equity0.8×-0.3×

Current ratio3.2×-0.8×

Where this comes from

Reported directly by Varex Imaging Corporation in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Varex Imaging Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Varex Imaging Corporation's R&D?: Varex Imaging Corporation (VREX) reported R&D of $22.2M in Q1 2026.
How has Varex Imaging Corporation's R&D changed year-over-year?: Varex Imaging Corporation's R&D increased by 0.9% year-over-year, from $22M to $22.2M.
What is the long-term trend for Varex Imaging Corporation's R&D?: Over 4 years (2021 to 2025), Varex Imaging Corporation's R&D has grown at a 6.1% compound annual growth rate (CAGR), from $71.9M to $91.1M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.