Iridex (IRIX) Gross Margin (2010 - 2026)

Iridex's Gross Margin history runs 17 years deep, the most recent figure standing at 40.18% for Q2 2026.

• On a quarterly basis, Gross Margin fell 231.0% year-over-year to 40.18% in Q2 2026; TTM through Apr 2026 was 35.97%, a 521.0% decrease from a year earlier, with the FY2026 full-year figure at 36.5%, down 357.0% from the prior year.
• Gross Margin improved to 40.18% in Q2 2026 per IRIX's latest filing, from 37.2% in the prior quarter.
• Across five years, Gross Margin topped out at 45.56% in Q3 2022 and bottomed at 32.15% in Q3 2025.
• The 5-year median for Gross Margin is 42.11% (2023), against an average of 40.87%.
• Across the five-year window, Gross Margin soared 479 bps in 2024 and plunged 680 bps in 2026, its largest moves.
• Year by year, Gross Margin stood at 43.86% in 2022, then dropped by 11 bps to 39.21% in 2023, then gained by 12 bps to 44.0% in 2024, then retreated by 27 bps to 32.15% in 2025, then gained by 25 bps to 40.18% in 2026.
• Per Business Quant, the three latest IRIX Gross Margin figures stand at 40.18% (Q2 2026), 37.2% (Q1 2026), and 32.15% (Q3 2025).