Varex Imaging (VREX) Revenue & Revenue Breakdown
Varex Imaging Revenue Highlights
Latest Revenue (Y)
$893.40M
Latest Revenue (Q)
$209.10M
Main Segment (Y)
Medical Segment
Main Geography (Y)
Asia Pacific
Varex Imaging Revenue by Period
Varex Imaging Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-09-29 | $893.40M | 3.96% |
| 2022-09-30 | $859.40M | 5.05% |
| 2021-10-01 | $818.10M | 10.81% |
| 2020-10-02 | $738.30M | -5.42% |
| 2019-09-27 | $780.60M | 0.93% |
| 2018-09-28 | $773.40M | 10.79% |
| 2017-09-29 | $698.10M | 12.58% |
| 2016-09-30 | $620.10M | -1.93% |
| 2015-09-30 | $632.30M | -7.72% |
| 2014-09-30 | $685.20M | 2.30% |
| 2013-09-30 | $669.80M | - |
Varex Imaging generated $893.40M in revenue during NA 2023, up 3.96% compared to the previous quarter, and up 115.52% compared to the same period a year ago.
Varex Imaging Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-28 | $209.10M | 1.41% |
| 2024-03-29 | $206.20M | 8.53% |
| 2023-12-29 | $190.00M | -16.45% |
| 2023-09-29 | $227.40M | -2.07% |
| 2023-06-30 | $232.20M | 1.75% |
| 2023-03-31 | $228.20M | 10.99% |
| 2022-12-30 | $205.60M | -11.15% |
| 2022-09-30 | $231.40M | 7.88% |
| 2022-07-01 | $214.50M | -0.09% |
| 2022-04-01 | $214.70M | 8.00% |
| 2021-12-31 | $198.80M | -12.15% |
| 2021-10-01 | $226.30M | 7.15% |
| 2021-07-02 | $211.20M | 3.78% |
| 2021-04-02 | $203.50M | 14.91% |
| 2021-01-01 | $177.10M | 4.18% |
| 2020-10-02 | $170.00M | -0.70% |
| 2020-07-03 | $171.20M | -13.10% |
| 2020-04-03 | $197.00M | -1.55% |
| 2020-01-03 | $200.10M | -1.14% |
| 2019-09-27 | $202.40M | 2.90% |
| 2019-06-28 | $196.70M | 0.46% |
| 2019-03-29 | $195.80M | 5.44% |
| 2018-12-28 | $185.70M | -9.33% |
| 2018-09-28 | $204.80M | 7.11% |
| 2018-06-29 | $191.20M | -4.97% |
| 2018-03-30 | $201.20M | 14.19% |
| 2017-12-29 | $176.20M | -18.31% |
| 2017-09-29 | $215.70M | 26.81% |
| 2017-06-30 | $170.10M | 9.88% |
| 2017-03-31 | $154.80M | -1.65% |
| 2016-12-30 | $157.40M | -8.54% |
| 2016-09-30 | $172.10M | 13.67% |
| 2016-06-30 | $151.40M | 1.07% |
| 2016-03-31 | $149.80M | 2.04% |
| 2015-12-31 | $146.80M | -8.25% |
| 2015-09-30 | $160.00M | - |
Varex Imaging generated $209.10M in revenue during Q3 2024, up 1.41% compared to the previous quarter, and up 91.63% compared to the same period a year ago.
Varex Imaging Revenue Breakdown
Varex Imaging Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Sep 23 | Sep 22 | Oct 21 | Oct 20 | Sep 19 |
|---|---|---|---|---|---|
| Medical Segment | $673.30M | - | - | - | - |
| Industrial Segment | $220.10M | - | - | - | - |
| Industrial | - | $184.70M | $174.30M | $153.80M | $183.80M |
| Medical | - | $674.70M | $643.80M | $584.50M | $596.80M |
Varex Imaging's latest annual revenue breakdown by segment (product or service), as of Sep 23: Medical Segment (75.36%), and Industrial Segment (24.64%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Jul 22 | Apr 22 | Dec 21 | Jul 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Jan 20 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Jun 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Medical Segment | $148.60M | $148.80M | $139.90M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Industrial Segment | $60.50M | $57.40M | $50.10M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Medical | - | - | - | $175.40M | $174.10M | $160.10M | $167.10M | $170.40M | $155.70M | $167.30M | $156.60M | $139.20M | $137.60M | $155.40M | $155.60M | $4.50M | $151.60M | $148.90M | $143.90M | $143.10M |
| Industrial | - | - | - | $56.80M | $54.10M | $45.50M | $47.40M | $44.30M | $43.10M | $43.90M | $46.90M | $37.90M | $33.60M | $41.60M | $44.50M | $1.80M | $45.10M | $46.90M | $41.80M | $48.10M |
Varex Imaging's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Medical Segment (71.07%), and Industrial Segment (28.93%).
Varex Imaging Revenue Breakdown by Country
Annual Revenue by Country
| Country | Sep 23 | Sep 22 | Oct 21 | Oct 20 | Sep 19 |
|---|---|---|---|---|---|
| Americas | $281.80M | $273.30M | $268.50M | - | - |
| UNITED STATES | $275.10M | $263.70M | $262.30M | $249.80M | $275.30M |
| EMEA | $290.70M | $280.80M | $276.30M | $231.50M | $269.00M |
| Asia Pacific | $320.90M | $305.30M | $273.30M | $251.80M | $229.00M |
| Latin America | - | - | - | $5.20M | $7.30M |
Varex Imaging's latest annual revenue breakdown by geography, as of Sep 23: Asia Pacific (27.46%), EMEA (24.88%), Americas (24.12%), and UNITED STATES (23.54%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Jul 22 | Apr 22 | Dec 21 | Jul 21 | Apr 21 | Jan 21 | Jul 20 | Apr 20 | Jan 20 | Jun 19 | Mar 19 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMEA | $70.90M | $71.70M | $66.00M | $156.70M | $70.00M | $64.00M | $70.20M | $69.60M | $67.40M | $76.30M | $67.70M | $57.90M | $46.80M | $64.00M | $65.20M | $67.30M | $68.20M | $62.60M | - |
| UNITED STATES | $68.00M | $64.10M | $60.60M | $62.60M | $72.10M | $66.30M | $74.10M | $61.70M | $66.20M | $58.80M | $64.00M | $69.20M | $61.10M | $56.90M | $60.20M | $68.90M | $71.40M | $72.20M | $67.20M |
| Americas | $70.20M | $68.20M | $62.40M | $65.90M | $73.40M | $67.70M | $74.80M | $63.90M | $68.40M | $60.50M | $65.70M | $70.50M | $62.30M | $58.70M | $62.50M | $70.30M | $73.80M | $74.20M | $68.40M |
| Asia Pacific | $68.00M | $66.30M | $61.60M | $82.00M | $81.60M | $90.50M | $66.80M | $80.40M | $76.70M | $70.90M | $69.20M | $65.30M | $56.90M | $65.70M | $70.50M | $64.60M | $55.60M | $53.40M | $54.70M |
| EMEIA | - | - | - | - | $77.20M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Varex Imaging's latest quarterly revenue breakdown by geography, as of Jun 24: EMEA (25.59%), Americas (25.33%), UNITED STATES (24.54%), and Asia Pacific (24.54%).
Varex Imaging Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BRKR | Bruker | $2.96B | $800.70M |
| ITGR | Integer | $1.60B | $753.01M |
| CNMD | CONMED | $1.24B | $332.10M |
| VREX | Varex Imaging | $893.40M | $209.10M |
| NVRO | Nevro | $425.17M | $101.90M |
| AORT | Artivion | $354.00M | $98.02M |
| GKOS | Glaukos | $314.71M | $95.69M |
| FNA | Paragon 28 | $216.39M | $61.02M |
| KIDS | OrthoPediatrics | $148.73M | $52.80M |
| SIBN | SI-BONE | $138.89M | $39.97M |
| SGHT | Sight Sciences | $81.06M | $21.37M |
| IRMD | IRadimed | $65.56M | $17.93M |
| NPCE | NeuroPace | $65.42M | $18.12M |
| APYX | Apyx Medical | $52.35M | $12.15M |
| CVRX | CVRx | $39.30M | $11.81M |
| OFIX | Orthofix Medical | $100.00K | $198.62M |
VREX Revenue FAQ
What is Varex Imaging’s yearly revenue?
Varex Imaging's yearly revenue for 2023 was $893.4M, representing an increase of 3.96% compared to 2022. The company's yearly revenue for 2022 was $859.4M, representing an increase of 5.05% compared to 2021. VREX's yearly revenue for 2021 was $818.1M, representing an increase of 10.81% compared to 2020.
What is Varex Imaging’s quarterly revenue?
Varex Imaging's quarterly revenue for Q3 2024 was $209.1M, a 1.41% increase from the previous quarter (Q2 2024), and a -9.95% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $206.2M, a 8.53% increase from the previous quarter (Q1 2024), and a -9.64% decrease year-over-year (Q2 2023). VREX's quarterly revenue for Q1 2024 was $190M, a -16.45% decrease from the previous quarter (Q4 2023), and a -7.59% decrease year-over-year (Q1 2023).
What is Varex Imaging’s revenue growth rate?
Varex Imaging's revenue growth rate for the last 3 years (2021-2023) was 9.20%, and for the last 5 years (2019-2023) was 14.45%.
What are Varex Imaging’s revenue streams?
Varex Imaging's revenue streams in p 23 are Medical Segment, and Industrial Segment. Medical Segment generated $673.3M in revenue, accounting 75.36% of the company's total revenue Industrial Segment generated $220.1M in revenue, accounting 24.64% of the company's total revenue
What is Varex Imaging’s main source of revenue?
For the fiscal year ending Sep 23, the largest source of revenue of Varex Imaging was Medical Segment. This segment made a revenue of $673.3M, representing 75.36% of the company's total revenue.