Iridex (IRIX) Operating Expenses (2010 - 2026)
Iridex (IRIX) posted quarterly Operating Expenses of $5.1 million for Q2 2026, down 3.71% year-over-year from $5.3 million in Q2 2025, and down 7.77% quarter-over-quarter from $5.5 million in Q1 2026.
Iridex (IRIX) Operating Expenses (2010 - 2026) Analysis & Trends
Iridex's Operating Expenses history runs 17 years deep, the most recent figure standing at $5.1 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 3.71% year-over-year to $5.1 million; the TTM figure through Apr 2026 stood at $21.6 million (down 14.66% YoY), while the FY2026 annual figure was $21.8 million, down 21.6% from the prior year.
- Operating Expenses for Q2 2026 stood at $5.1 million, down from $5.5 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.
- The 5-year median for Operating Expenses is $7.8 million (2024), against an average of $7.4 million.
- Peak annual rise in Operating Expenses reached 21.74% in 2022, while the deepest fall reached 42.76% in 2022.
- Iridex's Operating Expenses stood at $8.1 million in 2022, then dropped by 1.34% to $8.0 million in 2023, then decreased by 23.58% to $6.1 million in 2024, then declined by 10.91% to $5.4 million in 2025, then slipped by 6.62% to $5.1 million in 2026.
- Business Quant data shows IRIX's Operating Expenses at $5.1 million in Q2 2026, $5.5 million in Q1 2026, and $5.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Iridex | 13.32 Mn | 8.64 Mn | 4.30 Mn | 5.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 3, 2021 | 7.25 Mn |