IRIDEX Corporation

IRIDEX Corporation

IRIX
IRIDEX CorporationUS flagNASDAQ Global Market
1.17
USD
+0.06
- -
20.37MMarket Cap
IRIDEX Corporation
IRIX
(NASDAQ Global Market)

Recent

price

1.17

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3.61
3.7
3.79
4.14
4.33
4.19
4.54
3.6
3.49
3.17
2.63
3.5
3.57
3.22
2.96
3.11
3.08
Revenue per Share
0.34
0.29
0.16
0.24
1.01
0.05
-1.15
-1.11
-1.05
-0.64
-0.46
-0.34
-0.47
-0.59
-0.54
-0.26
-0.19
Basic EPS, GAAP
0.41
0.32
-0.09
0.04
0.35
-0.15
-0.12
-0.36
-0.86
-0.59
-0.24
0.52
-0.62
-0.42
-0.44
-0.13
-0.15
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-2.36
-2.06
-1.91
-1.6
-0.48
-0.43
-1.57
-2.5
-3.41
-3.68
-4.1
-4.02
-4.36
-4.89
-5.34
-5.45
-5.43
Book Value per Share
2.03
2.36
2.33
2.7
3.33
3.3
3.78
2.59
2.4
1.61
1.21
1.31
0.9
0.43
-0.01
-0.18
-0.18
Tangible Book Value per Share
9
9
9
9
10
10
10
12
12
14
14
15
16
16
16
17
17
Basic Weighted Avg Shares
32
33
34
38
43
42
46
42
43
43
36
54
57
52
49
53
53
Sales/Revenue/Turnover
3.69
1.99
-2.54
6.88
6.04
0.69
-5.3
-31.32
-30.21
-20.66
-18.11
-13.98
-13.24
-19.29
-17.06
-4.88
-5.12
Operating Margin (%)
- -
- -
- -
- -
- -
1
1
1
1
1
1
2
1
2
1
2
2
Depreciation Expense
3
3
1
2
10
- -
-12
-13
-13
-9
-6
-5
-8
-10
-9
-4
-3
Net Income, GAAP
15.71
12.18
- -
1.37
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
9.43
7.87
4.25
5.83
23.45
1.14
-25.38
-30.94
-30.08
-20.28
-17.41
-9.69
-13.25
-18.45
-18.31
-8.42
-6.23
Profit Margin (%)
17
21
21
25
26
23
38
29
29
21
17
30
23
14
7
12
12
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
2
2
1
2
2
4
4
LT Debt
19
22
22
26
34
34
39
31
30
23
17
23
17
10
2
5
5
Total Equity
5.27
2.75
- -
10.92
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
-14.72
-14.5
- -
-16.3
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
1
- -
LT Borrowings
4
4
4
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
6
6
6
Shares Outstanding
17
17
17
Market Capitalization
19
19
17

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
24
25
25
Cash, Cash Equivalents & STI
6
6
5
Accounts Receivable, Net
7
8
7
Inventories
7
8
9
Total Current Liabilities
12
13
13
Payables & Accruals
5
6
7
ST Debt
1
1
- -
Deferred Revenue
2
4
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.53%
4.02%
134.72%
Free Cash Flow
-35.87%
-131.05%
-69.06%
Net Income, GAAP
-262.44%
-0.66%
-50.2%
Sales/Revenue/Turnover
3.58%
9.42%
8.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12
13
12
13
49
2025
12
14
12
15
53
2026
12
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.21
-0.16
-0.12
-0.05
-0.54
2025
-0.1
-0.06
-0.09
-0.01
-0.26
2026
-0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
IRIDEX Corporation (Nasdaq: IRIX), founded in 1989 and headquartered in Mountain View, California, develops, manufactures and markets innovative laser-based medical systems, delivery devices and consumable instrumentation primarily for the ophthalmology market, including treatments for glaucoma, diabetic macular edema and other retinal diseases. The company offers Cyclo G6 glaucoma laser systems and MicroPulse P3 devices; IQ 532, IQ 577 and IQ 810 laser photocoagulators; Iridex 532 and Iridex 577 lasers; EndoProbe handpieces; vitreoretinal consumables; laser delivery probes; and transscleral laser solutions powered by proprietary MicroPulse technology, which enables tissue-sparing procedures. IRIDEX products serve ophthalmologists, hospitals and ambulatory surgery centers in the United States through a direct sales force and internationally in over 100 countries via direct sales and approximately 60 independent distributors. In March 2025, the company secured a $10 million strategic investment from Novel Inspiration International Co., comprising $6 million in Series B Preferred Stock and $4 million in convertible notes with an option for an additional $10 million, to support growth initiatives, repay existing debt and pursue opportunities in laser-based glaucoma treatments following November 2024 regulatory changes limiting competing MIGS devices; IRIDEX also appointed Patrick Mercer as CEO in October 2024 and Romeo Dizon as CFO in March 2025, while launching the Iridex 532 and 577 lasers in January 2024 and advancing clinical studies on MicroPulse technology.

Company News

APIChat
  • IRIX Stock Up 4% As Q1 Loss Narrows Y/Y on Glaucoma Product Growth

  • IRIDEX Corporation (IRIX) Q1 2026 Earnings Call Transcript

  • Iridex Reports First Quarter 2026 Financial Results

  • Iridex to Report First Quarter 2026 Financial Results on May 19, 2026

  • Iridex Announces New Partnership with EyeProGPO to Expand Member Access to Retina Laser Technology

  • Iridex's Q4 Loss Narrows Year Over Year on Retina Sales Growth

  • IRIDEX Corporation (IRIX) Q4 2025 Earnings Call Transcript

  • Iridex Reports Fourth Quarter and Full Year 2025 Financial Results

  • IRIDEX (IRIX) Projected to Post Earnings on Thursday

  • Iridex to Report Fourth Quarter and Full Year 2025 Financial Results on March 26, 2026

  • Iridex Announces Plans to Relocate Headquarters

  • Iridex Announces Preliminary Operational and Financial Results for Fourth Quarter and Full Year 2025

  • Zacks Initiates Coverage of Iridex With Neutral Recommendation

  • Iridex Announces the Publication of an Independent Study Demonstrating Safe and Effective Retreatment with Transscleral Laser Treatment Using MicroPulse® Technology in Glaucoma Management

  • Iridex Announces New Thermal Dynamics Study That Strengthens Clinical Foundation and Market Potential of MicroPulse® Technology and Continuous-Wave Laser for Glaucoma Treatment

  • Iridex to Present at the Sidoti Year-End Virtual Investor Conference

  • IRIDEX Corporation (IRIX) Q3 2025 Earnings Call Prepared Remarks Transcript

  • Iridex Reports Third Quarter 2025 Financial Results

  • Iridex to Report Third Quarter 2025 Financial Results on November 11, 2025

  • Iridex Corporation Receives Formal Notification of Nasdaq Listing Compliance