Iridex (IRIX) Asset Utilization Ratio (2011 - 2026)
Iridex (IRIX) posted Asset Utilization Ratio of 1.86 for Q3 2026, up 1.43% on a QoQ basis from 1.83 in Q2 2026, and up 22.89% year-over-year from 1.51 in Q3 2025.
Powered by 
Analysis
Iridex (IRIX) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Iridex has reported Asset Utilization Ratio for 16 years, with the latest figure at 1.86 in Q3 2026.
- On a quarterly basis, Asset Utilization Ratio rose 22.89% year-over-year to 1.86 in Q3 2026; TTM through Jul 2026 was 1.86, a 22.89% increase from a year earlier, with the FY2026 full-year figure at 1.81, up 18.04% from the prior year.
- Asset Utilization Ratio was 1.86 for Q3 2026 at Iridex, up from 1.83 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.86 in Q3 2026, with the low at 1.31 in Q4 2022.
- Average Asset Utilization Ratio over 5 years is 1.55, with a median of 1.52 recorded in 2023.
- The largest YoY upside for Asset Utilization Ratio was 85.79% in 2022 against a maximum downside of 5.42% in 2022.
- Over 5 years, Asset Utilization Ratio stood at 1.31 in 2022, then climbed by 14.48% to 1.5 in 2023, then gained by 9.81% to 1.64 in 2024, then rose by 2.94% to 1.69 in 2025, then climbed by 9.91% to 1.86 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.86 (Q3 2026), 1.83 (Q2 2026), and 1.83 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 0.42 |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 0.54 |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 0.40 |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 0.55 |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 0.47 |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 0.48 |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 0.34 |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 0.76 |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 0.56 |
| 10 | Iridex | 11.85 Mn | 7.17 Mn | 4.30 Mn | 1.86 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 1.86 |
| Apr 4, 2026 | 1.83 |
| Jan 3, 2026 | 1.83 |
| Sep 27, 2025 | 1.69 |
| Jun 28, 2025 | 1.51 |
| Mar 29, 2025 | 1.54 |
| Dec 28, 2024 | 1.64 |
| Sep 28, 2024 | 1.58 |
| Jun 29, 2024 | 1.52 |
| Mar 30, 2024 | 1.46 |
| Dec 30, 2023 | 1.50 |
| Sep 30, 2023 | 1.52 |
| Jul 1, 2023 | 1.45 |
| Apr 1, 2023 | 1.38 |
| Dec 31, 2022 | 1.31 |
| Oct 1, 2022 | 1.58 |
| Jul 2, 2022 | 1.50 |
| Apr 2, 2022 | 1.45 |
| Jan 1, 2022 | 1.38 |
| Oct 2, 2021 | 0.94 |