Iridex (IRIX) Gross Margin (2010 - 2026)
Iridex (IRIX) posted quarterly Gross Margin of 40.18% for Q2 2026, down 231.0% year-over-year from 30.67% in Q2 2025, and up 8.02% quarter-over-quarter from 37.2% in Q1 2026.
Iridex (IRIX) Gross Margin (2010 - 2026) Analysis & Trends
Iridex's Gross Margin history runs 17 years deep, the most recent figure standing at 40.18% for Q2 2026.
- In Q2 2026, Gross Margin fell 231.0% year-over-year to 40.18%; the TTM figure through Apr 2026 stood at 35.97% (down 521.0% YoY), while the FY2026 annual figure 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.
- The 5-year median for Gross Margin is 42.11% (2023), against an average of 40.87%.
- The sharpest annual moves came in 2024 and 2026: Gross Margin soared 479 bps in 2024, then tumbled 680 bps in 2026.
- Iridex's Gross Margin stood at 43.86% in 2022, then slipped by 11 bps to 39.21% in 2023, then rose by 12 bps to 44.0% in 2024, then fell by 27 bps to 32.15% in 2025, then rose by 25 bps to 40.18% in 2026.
- Business Quant data shows IRIX's Gross Margin at 40.18% in Q2 2026, 37.2% in Q1 2026, and 32.15% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 45.84% |
| 10 | Iridex | 13.27 Mn | 8.59 Mn | 4.30 Mn | 34.19% |
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% |