Iridex (IRIX) Operating Expenses (2010 - 2026)
Iridex (IRIX) posted Operating Expenses of $5.3 million for Q3 2026, up 5.13% on a QoQ basis from $5.1 million in Q2 2026, and down 5.28% year-over-year from $5.6 million in Q3 2025.
Analysis
Iridex (IRIX) Operating Expenses (2010 - 2026) Analysis & Trends
Iridex has reported Operating Expenses for 17 years, with the latest figure at $5.3 million in Q3 2026.
- On a quarterly basis, Operating Expenses fell 5.28% year-over-year to $5.3 million in Q3 2026; TTM through Jul 2026 was $21.3 million, a 8.02% decrease from a year earlier, with the FY2026 full-year figure at $21.8 million, down 21.6% from the prior year.
- Operating Expenses was $5.3 million for Q3 2026 at Iridex, up from $5.1 million in the prior quarter.
- The five-year high for Operating Expenses was $14.1 million in Q1 2022, with the low at $5.1 million in Q2 2026.
- Average Operating Expenses over 5 years is $7.3 million, with a median of $7.8 million recorded in 2024.
- The largest YoY upside for Operating Expenses was 21.74% in 2022 against a maximum downside of 42.76% in 2022.
- Over 5 years, Operating Expenses stood at $8.1 million in 2022, then fell by 1.34% to $8.0 million in 2023, then dropped by 23.58% to $6.1 million in 2024, then retreated by 10.91% to $5.4 million in 2025, then retreated by 1.83% to $5.3 million in 2026.
- The last three Operating Expenses figures came in at $5.3 million (Q3 2026), $5.1 million (Q2 2026), and $5.5 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Iridex | 11.85 Mn | 7.17 Mn | 4.30 Mn | 5.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 5.33 Mn |
| Apr 4, 2026 | 5.07 Mn |
| Jan 3, 2026 | 5.49 Mn |
| Sep 27, 2025 | 5.42 Mn |
| Jun 28, 2025 | 5.62 Mn |
| Mar 29, 2025 | 5.26 Mn |
| Dec 28, 2024 | 6.09 Mn |
| Sep 28, 2024 | 6.19 Mn |
| Jun 29, 2024 | 7.77 Mn |
| Mar 30, 2024 | 7.75 Mn |
| Dec 30, 2023 | 7.97 Mn |
| Sep 30, 2023 | 7.31 Mn |
| Jul 1, 2023 | 8.26 Mn |
| Apr 1, 2023 | 8.28 Mn |
| Dec 31, 2022 | 8.07 Mn |
| Oct 1, 2022 | 8.16 Mn |
| Jul 2, 2022 | 8.43 Mn |
| Apr 2, 2022 | 8.25 Mn |
| Jan 1, 2022 | 14.11 Mn |
| Oct 2, 2021 | 7.94 Mn |