Iridex (IRIX) Gross Margin (2010 - 2026)
Iridex's quarterly Gross Margin came in at 40.18% in Q2 2026, down 231.0% year-on-year from 30.67% in Q2 2025, and up 8.02% quarter-over-quarter from 37.2% in Q1 2026.
Iridex has reported Gross Margin for 17 years, with the latest figure at 40.18% in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 231.0% year-over-year to 40.18%; the trailing twelve-month figure through Apr 2026 stood at 35.97% (down 521.0% YoY), and the FY2026 full-year result was 36.5%, down 357.0% from the prior year.
- Gross Margin for Q2 2026 stood at 40.18%, up from 37.2% 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 40.87%, with a median of 42.11% recorded in 2023.
- Year-over-year, Gross Margin soared 479 bps in 2024 and plunged 680 bps in 2026.
- Tracing IRIX's Gross Margin over 5 years: 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 advanced by 25 bps to 40.18% in 2026.
- The last three Gross Margin figures came in at 40.18% (Q2 2026), 37.2% (Q1 2026), and 32.15% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | Iridex | 18.87 Mn | 14.27 Mn | 4.74 Mn | 40.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 40.18% |
| Jan 3, 2026 | 37.20% |
| Sep 27, 2025 | 32.15% |
| Jun 28, 2025 | 34.50% |
| Mar 29, 2025 | 42.49% |
| Dec 28, 2024 | 44.00% |
| Sep 28, 2024 | 37.33% |
| Jun 29, 2024 | 40.65% |
| Mar 30, 2024 | 37.90% |
| Dec 30, 2023 | 39.21% |
| Sep 30, 2023 | 43.74% |
| Jul 1, 2023 | 41.72% |
| Apr 1, 2023 | 43.32% |
| Dec 31, 2022 | 43.86% |
| Oct 1, 2022 | 44.14% |
| Jul 2, 2022 | 45.56% |
| Apr 2, 2022 | 44.65% |
| Jan 1, 2022 | 43.05% |
| Oct 2, 2021 | 43.59% |
| Jul 3, 2021 | 45.49% |
| Apr 3, 2021 | 41.30% |
| Sep 26, 2020 | 41.51% |
| Jun 27, 2020 | 38.69% |
| Mar 28, 2020 | 43.41% |
| Dec 28, 2019 | 41.23% |
| Sep 28, 2019 | 40.16% |
| Jun 29, 2019 | 43.63% |
| Mar 30, 2019 | 40.18% |
| Dec 29, 2018 | 41.03% |
| Sep 29, 2018 | 40.42% |
| Jun 30, 2018 | 41.42% |
| Mar 31, 2018 | 41.25% |
| Dec 30, 2017 | 21.19% |
| Sep 30, 2017 | 40.25% |
| Jul 1, 2017 | 44.94% |
| Apr 1, 2017 | 42.59% |
| Dec 31, 2016 | 44.40% |
| Oct 1, 2016 | 43.37% |
| Jul 2, 2016 | 48.15% |
| Apr 2, 2016 | 44.40% |
| Jan 2, 2016 | 41.50% |
| Oct 3, 2015 | 49.32% |
| Jul 4, 2015 | 46.68% |
| Apr 4, 2015 | 50.11% |
| Sep 27, 2014 | 50.89% |
| Jun 28, 2014 | 50.05% |
| Mar 29, 2014 | 48.94% |
| Dec 28, 2013 | 48.59% |
| Sep 28, 2013 | 49.59% |
| Jun 29, 2013 | 48.66% |
| Mar 30, 2013 | 47.33% |
| Dec 29, 2012 | 47.01% |
| Sep 29, 2012 | 49.63% |
| Jun 30, 2012 | 48.68% |
| Mar 31, 2012 | 48.00% |
| Dec 31, 2011 | 15.87% |
| Oct 1, 2011 | 55.47% |
| Jul 2, 2011 | 45.17% |
| Apr 2, 2011 | 49.83% |
| Oct 2, 2010 | 252.60% |
| Jul 3, 2010 | 58.12% |