Varex Imaging (VREX) Revenue & Revenue Breakdown


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Varex Imaging Revenue Highlights


Latest Revenue (Y)

$811.00M

Latest Revenue (Q)

$209.10M

Main Segment (Y)

Medical Segment

Main Geography (Y)

EMEA

Varex Imaging Revenue by Period


Varex Imaging Revenue by Year

DateRevenueChange
2024-09-27$811.00M-9.22%
2023-09-29$893.40M3.96%
2022-09-30$859.40M5.05%
2021-10-01$818.10M10.81%
2020-10-02$738.30M-5.42%
2019-09-27$780.60M0.93%
2018-09-28$773.40M10.79%
2017-09-29$698.10M12.58%
2016-09-30$620.10M-1.93%
2015-09-30$632.30M-7.72%
2014-09-30$685.20M2.30%
2013-09-30$669.80M-

Varex Imaging generated $811.00M in revenue during NA 2024, up -9.22% compared to the previous quarter, and up 103.89% compared to the same period a year ago.

Varex Imaging Revenue by Quarter

DateRevenueChange
2024-06-28$209.10M1.41%
2024-03-29$206.20M8.53%
2023-12-29$190.00M-16.45%
2023-09-29$227.40M-2.07%
2023-06-30$232.20M1.75%
2023-03-31$228.20M10.99%
2022-12-30$205.60M-11.15%
2022-09-30$231.40M7.88%
2022-07-01$214.50M-0.09%
2022-04-01$214.70M8.00%
2021-12-31$198.80M-12.15%
2021-10-01$226.30M7.15%
2021-07-02$211.20M3.78%
2021-04-02$203.50M14.91%
2021-01-01$177.10M4.18%
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$202.40M2.90%
2019-06-28$196.70M0.46%
2019-03-29$195.80M5.44%
2018-12-28$185.70M-9.33%
2018-09-28$204.80M7.11%
2018-06-29$191.20M-4.97%
2018-03-30$201.20M14.19%
2017-12-29$176.20M-18.31%
2017-09-29$215.70M26.81%
2017-06-30$170.10M9.88%
2017-03-31$154.80M-1.65%
2016-12-30$157.40M-8.54%
2016-09-30$172.10M13.67%
2016-06-30$151.40M1.07%
2016-03-31$149.80M2.04%
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/ServiceSep 24Sep 23Sep 22Oct 21Oct 20
Medical Segment$581.70M$673.30M---
Industrial Segment$229.30M$220.10M---
Industrial--$184.70M$174.30M$153.80M
Medical--$674.70M$643.80M$584.50M

Varex Imaging's latest annual revenue breakdown by segment (product or service), as of Sep 24: Medical Segment (71.73%), and Industrial Segment (28.27%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Jul 22Apr 22Dec 21Jul 21Apr 21Jan 21Jul 20Apr 20Jan 20Sep 19Jun 19Mar 19Dec 18
Medical Segment$144.40M$148.60M$148.80M$139.90M----------------
Industrial Segment$61.30M$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
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

Varex Imaging's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Medical Segment (70.20%), and Industrial Segment (29.80%).

Varex Imaging Revenue Breakdown by Country

Annual Revenue by Country

CountrySep 24Sep 23Sep 22Oct 21Oct 20
Americas$266.50M$281.80M$273.30M$268.50M-
UNITED STATES$257.70M$275.10M$263.70M$262.30M$249.80M
EMEA$280.30M$290.70M$280.80M$276.30M$231.50M
Asia Pacific$264.20M$320.90M$305.30M$273.30M$251.80M
Latin America----$5.20M

Varex Imaging's latest annual revenue breakdown by geography, as of Sep 24: EMEA (26.23%), Americas (24.94%), Asia Pacific (24.72%), and UNITED STATES (24.11%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Jul 22Apr 22Dec 21Jul 21Apr 21Jan 21Jul 20Apr 20Jan 20Jun 19Mar 19Dec 18
Americas$65.70M$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$68.30M$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
UNITED STATES$65.00M$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
EMEA$71.70M$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-
EMEIA-----$77.20M--------------

Varex Imaging's latest quarterly revenue breakdown by geography, as of Sep 24: EMEA (26.49%), Asia Pacific (25.23%), Americas (24.27%), and UNITED STATES (24.01%).

Varex Imaging Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BRKRBruker$2.96B$800.70M
ITGRInteger$1.60B$746.27M
CNMDCONMED$1.24B$316.70M
VREXVarex Imaging$811.00M$209.10M
NVRONevro$425.17M$104.16M
AORTArtivion$354.00M$95.78M
GKOSGlaukos$314.71M$96.67M
FNAParagon 28$216.39M$61.02M
KIDSOrthoPediatrics$148.73M$52.80M
SIBNSI-BONE$138.89M$40.34M
SGHTSight Sciences$81.06M$20.16M
IRMDIRadimed$65.56M$18.33M
NPCENeuroPace$65.42M$21.06M
APYXApyx Medical$52.35M$16.02M
CVRXCVRx$39.30M$13.37M
OFIXOrthofix Medical$100.00K$198.62M

VREX Revenue FAQ


What is Varex Imaging’s yearly revenue?

Varex Imaging's yearly revenue for 2024 was $811M, representing a decrease of -9.22% compared to 2023. The company's yearly revenue for 2023 was $893.4M, representing an increase of 3.96% compared to 2022. VREX's yearly revenue for 2022 was $859.4M, representing an increase of 5.05% compared to 2021.

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 (2022-2024) was -5.63%, and for the last 5 years (2020-2024) was 9.85%.

What are Varex Imaging’s revenue streams?

Varex Imaging's revenue streams in p 24 are Medical Segment, and Industrial Segment. Medical Segment generated $581.7M in revenue, accounting 71.73% of the company's total revenue, down -13.60% year-over-year. Industrial Segment generated $229.3M in revenue, accounting 28.27% of the company's total revenue, up 4.18% year-over-year.

What is Varex Imaging’s main source of revenue?

For the fiscal year ending Sep 24, the largest source of revenue of Varex Imaging was Medical Segment. This segment made a revenue of $581.7M, representing 71.73% of the company's total revenue.