Iridex (IRIX) Cost of Revenue (2010 - 2026)
Iridex (IRIX) posted Cost of Revenue of $8.3 million for Q3 2026, up 17.17% on a QoQ basis from $7.1 million in Q2 2026, and down 6.96% year-over-year from $8.9 million in Q3 2025.
Analysis
Iridex (IRIX) Cost of Revenue (2010 - 2026) Analysis & Trends
Iridex has reported Cost of Revenue for 17 years, with the latest figure at $8.3 million in Q3 2026.
- On a quarterly basis, Cost of Revenue fell 6.96% year-over-year to $8.3 million in Q3 2026; TTM through Jul 2026 was $33.0 million, a 9.79% increase from a year earlier, with the FY2026 full-year figure at $33.4 million, up 14.68% from the prior year.
- Cost of Revenue was $8.3 million for Q3 2026 at Iridex, up from $7.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $17.0 million in Q1 2022, with the low at $6.8 million in Q1 2025.
- Average Cost of Revenue over 5 years is $8.2 million, with a median of $7.5 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Cost of Revenue plunged 49.83% in 2022, then soared 30.06% in 2026.
- Over 5 years, Cost of Revenue stood at $8.5 million in 2022, then retreated by 11.23% to $7.6 million in 2023, then slipped by 6.11% to $7.1 million in 2024, then grew by 19.14% to $8.5 million in 2025, then retreated by 2.37% to $8.3 million in 2026.
- The last three Cost of Revenue figures came in at $8.3 million (Q3 2026), $7.1 million (Q2 2026), and $9.2 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 5.33 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 931.90 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 3.42 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 2.09 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 1.59 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 392.40 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 18.00 Mn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 478.40 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 808.60 Mn |
| 10 | Iridex | 11.85 Mn | 7.17 Mn | 4.30 Mn | 8.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 8.27 Mn |
| Apr 4, 2026 | 7.06 Mn |
| Jan 3, 2026 | 9.25 Mn |
| Sep 27, 2025 | 8.47 Mn |
| Jun 28, 2025 | 8.89 Mn |
| Mar 29, 2025 | 6.84 Mn |
| Dec 28, 2024 | 7.11 Mn |
| Sep 28, 2024 | 7.26 Mn |
| Jun 29, 2024 | 7.50 Mn |
| Mar 30, 2024 | 7.30 Mn |
| Dec 30, 2023 | 7.57 Mn |
| Sep 30, 2023 | 7.23 Mn |
| Jul 1, 2023 | 7.49 Mn |
| Apr 1, 2023 | 7.77 Mn |
| Dec 31, 2022 | 8.53 Mn |
| Oct 1, 2022 | 8.18 Mn |
| Jul 2, 2022 | 7.49 Mn |
| Apr 2, 2022 | 7.41 Mn |
| Jan 1, 2022 | 17.01 Mn |
| Oct 2, 2021 | 7.48 Mn |