Iridex (IRIX) Gross Margin (2010 - 2026)

Iridex has reported Gross Margin for 17 years, with the latest figure at 34.19% in Q3 2026.

• On a quarterly basis, Gross Margin fell 31.0% year-over-year to 34.19% in Q3 2026; TTM through Jul 2026 was 35.92%, a 357.0% decrease from a year earlier, with the FY2026 full-year figure at 36.5%, down 357.0% from the prior year.
• Gross Margin was 34.19% for Q3 2026 at Iridex, down from 40.18% in the prior quarter.
• The five-year high for Gross Margin was 45.56% in Q3 2022, with the low at 32.15% in Q3 2025.
• Average Gross Margin over 5 years is 40.52%, with a median of 41.72% recorded in 2023.
• The sharpest annual moves came in 2024 and 2026: Gross Margin surged 479 bps in 2024, then tumbled 680 bps in 2026.
• Over 5 years, Gross Margin stood at 43.86% in 2022, then declined by 11 bps to 39.21% in 2023, then advanced by 12 bps to 44.0% in 2024, then decreased by 27 bps to 32.15% in 2025, then increased by 6 bps to 34.19% in 2026.
• The last three Gross Margin figures came in at 34.19% (Q3 2026), 40.18% (Q2 2026), and 37.2% (Q1 2026), per Business Quant data.