Varex Imaging (VREX) Revenue & Revenue Breakdown

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Varex Imaging Revenue Highlights

Latest Revenue (Y)

$811.00M

Latest Revenue (Q)

$212.90M

Main Segment (Y)

Medical Segment

Main Geography (Y)

EMEA

Varex Imaging Revenue by Period

Varex Imaging Revenue by Year

Date	Revenue	Change
2024-09-27	$811.00M	-9.22%
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 $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

Date	Revenue	Change
2025-04-04	$212.90M	6.56%
2025-01-03	$199.80M	-2.87%
2024-09-27	$205.70M	-1.63%
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 $212.90M in revenue during Q2 2025, up 6.56% compared to the previous quarter, and up 112.05% 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 24	Sep 23	Sep 22	Oct 21	Oct 20
Industrial Segment	$229.30M	$220.10M	-	-	-
Medical Segment	$581.70M	$673.30M	-	-	-
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/Service	Jul 25	Apr 25	Jan 25	Sep 24	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
Industrial Segment	$60.90M	$59.10M	$55.20M	$61.30M	$60.50M	$57.40M	$50.10M	-	-	-	-	-	-	-	-	-	-	-	-	-
Medical Segment	$142.10M	$153.80M	$144.60M	$144.40M	$148.60M	$148.80M	$139.90M	-	-	-	-	-	-	-	-	-	-	-	-	-
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
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

Varex Imaging's latest quarterly revenue breakdown by segment (product or service), as of Jul 25: Medical Segment (70.00%), and Industrial Segment (30.00%).

Varex Imaging Revenue Breakdown by Country

Annual Revenue by Country

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

Country	Jul 25	Apr 25	Jan 25	Sep 24	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
Americas	$71.00M	$69.40M	$64.40M	$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
Asia Pacific	$62.40M	$71.80M	$75.00M	$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
CHINA	$30.20M	$31.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	$63.30M	$64.80M	$61.30M	$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
JAPAN	$30.00M	$39.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EMEA	$69.60M	$71.70M	$60.40M	$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	-
Other Countries	$79.50M	$78.10M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EMEIA	-	-	-	-	-	-	-	-	$77.20M	-	-	-	-	-	-	-	-	-	-	-

Varex Imaging's latest quarterly revenue breakdown by geography, as of Jul 25: Other Countries (19.58%), Americas (17.49%), EMEA (17.14%), UNITED STATES (15.59%), Asia Pacific (15.37%), CHINA (7.44%), and JAPAN (7.39%).

Varex Imaging Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SY	So-Young	$1.50B	$318.28M
VREX	Varex Imaging	$811.00M	$212.90M
AVNS	Avanos Medical	$687.80M	$175.00M
BVS	Bioventus	$573.28M	$147.66M
KIDS	OrthoPediatrics	$204.73M	$61.08M
PACB	Pacific Biosciences of California	$154.01M	$37.15M
ADCT	ADC Therapeutics	$69.28M	$17.40M
CBLL	CeriBell	$45.23M	$21.20M
CATX	Perspective Therapeutics	$1.43M	-
CGEM	Cullinan Therapeutics	-	-
OFIX	Orthofix Medical	-	$203.12M

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 Q2 2025 was $212.9M, a 6.56% increase from the previous quarter (Q1 2025), and a 3.25% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $199.8M, a -2.87% decrease from the previous quarter (Q4 2024), and a 5.16% increase year-over-year (Q1 2024). VREX's quarterly revenue for Q4 2024 was $205.7M, a -1.63% decrease from the previous quarter (Q3 2024), and a -9.54% decrease year-over-year (Q4 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 Industrial Segment, and Medical Segment. Industrial Segment generated $229.3M in revenue, accounting 28.27% of the company's total revenue, up 4.18% year-over-year. Medical Segment generated $581.7M in revenue, accounting 71.73% of the company's total revenue, down -13.60% 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.