Iridex (IRIX) EBIT Margin (2010 - 2026)

Iridex (IRIX) recorded quarterly EBIT Margin of 2.75% in Q2 2026, down 124.73% quarter-over-quarter from 11.1% in Q1 2026, and down 102.0% on a YoY basis from 137.3% in Q2 2025.

Iridex (IRIX) EBIT Margin (2010 - 2026) Analysis & Trends

Iridex's EBIT Margin history runs 17 years deep, the most recent figure standing at 2.75% for Q2 2026.

  • In Q2 2026, EBIT Margin fell 102.0% year-over-year to 2.75%; the TTM figure through Apr 2026 stood at 1.98% (down 450.0% YoY), while the FY2026 annual figure was 1.75%, up 207.0% from the prior year.
  • EBIT Margin was 2.75% for Q2 2026 at Iridex, down from 11.1% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 46.81% in Q4 2024 to a low of 28.0% in Q1 2024.
  • Historically, EBIT Margin has averaged 9.17% across 5 years, with a median of 12.36% in 2022.
  • The sharpest annual moves came in 2024 and 2026: EBIT Margin jumped 7154 bps in 2024, then tumbled 3571 bps in 2026.
  • A 5-year view of EBIT Margin shows it stood at 9.28% in 2022, then slumped by 167 bps to 24.73% in 2023, then surged by 289 bps to 46.81% in 2024, then slumped by 124 bps to 11.3% in 2025, then jumped by 76 bps to 2.75% in 2026.
  • The last three EBIT Margin figures came in at 2.75% (Q2 2026), 11.1% (Q1 2026), and 11.3% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 12.05%
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 15.55%
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 16.24%
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 21.16%
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 28.97%
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 6.17%
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 21.42%
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 10.04%
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 19.94%
10 Iridex 19.91 Mn 15.31 Mn 4.74 Mn -2.75%

Historic Data

Download Data
DateValue
Apr 4, 2026 -2.75%
Jan 3, 2026 11.10%
Sep 27, 2025 -11.30%
Jun 28, 2025 -6.93%
Mar 29, 2025 -1.72%
Dec 28, 2024 46.81%
Sep 28, 2024 -16.15%
Jun 29, 2024 -20.89%
Mar 30, 2024 -28.00%
Dec 30, 2023 -24.73%
Sep 30, 2023 -13.14%
Jul 1, 2023 -22.51%
Apr 1, 2023 -17.10%
Dec 31, 2022 -9.28%
Oct 1, 2022 -11.58%
Jul 2, 2022 -15.70%
Apr 2, 2022 -17.01%
Jan 1, 2022 -4.19%
Oct 2, 2021 -16.26%
Jul 3, 2021 -8.48%