Iridex (IRIX) Net Margin (2010 - 2026)
Iridex (IRIX) posted Net Margin of 10.07% for Q3 2026, down 126.86% on a QoQ basis from 4.44% in Q2 2026, and down 275.0% year-over-year from 5.76% in Q3 2025.
Analysis
Iridex (IRIX) Net Margin (2010 - 2026) Analysis & Trends
Iridex has reported Net Margin for 17 years, with the latest figure at 10.07% in Q3 2026.
- On a quarterly basis, Net Margin fell 275.0% year-over-year to 10.07% in Q3 2026; TTM through Jul 2026 was 6.28%, a 80.0% increase from a year earlier, with the FY2026 full-year figure at 7.84%, up 651.0% from the prior year.
- Net Margin was 10.07% for Q3 2026 at Iridex, down from 4.44% in the prior quarter.
- The five-year high for Net Margin was 8.59% in Q4 2024, with the low at 29.45% in Q1 2024.
- Average Net Margin over 5 years is 12.29%, with a median of 13.65% recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Net Margin tumbled 2667 bps in 2022, then soared 3390 bps in 2024.
- Over 5 years, Net Margin stood at 7.96% in 2022, then tumbled by 218 bps to 25.31% in 2023, then jumped by 134 bps to 8.59% in 2024, then plunged by 247 bps to 12.6% in 2025, then advanced by 20 bps to 10.07% in 2026.
- The last three Net Margin figures came in at 10.07% (Q3 2026), 4.44% (Q2 2026), and 0.84% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 7.37% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 28.46% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 15.17% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 19.37% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 16.67% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 13.87% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | - |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 19.04% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 13.47% |
| 10 | Iridex | 11.85 Mn | 7.17 Mn | 4.30 Mn | -10.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | -10.07% |
| Apr 4, 2026 | -4.44% |
| Jan 3, 2026 | 0.84% |
| Sep 27, 2025 | -12.60% |
| Jun 28, 2025 | -7.32% |
| Mar 29, 2025 | -14.17% |
| Dec 28, 2024 | 8.59% |
| Sep 28, 2024 | -16.69% |
| Jun 29, 2024 | -21.21% |
| Mar 30, 2024 | -29.45% |
| Dec 30, 2023 | -25.31% |
| Sep 30, 2023 | -13.65% |
| Jul 1, 2023 | -21.52% |
| Apr 1, 2023 | -15.25% |
| Dec 31, 2022 | -7.96% |
| Oct 1, 2022 | -12.07% |
| Jul 2, 2022 | -16.29% |
| Apr 2, 2022 | -17.86% |
| Jan 1, 2022 | 2.94% |
| Oct 2, 2021 | -16.32% |