Iridex (IRIX) Operating Expenses (2010 - 2026)

Iridex (IRIX) recorded quarterly Operating Expenses of $5.1 million in Q2 2026, down 7.77% quarter-over-quarter from $5.5 million in Q1 2026, and down 3.71% on a YoY basis from $5.3 million in Q2 2025.

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 was $5.1 million for Q2 2026 at Iridex, down from $5.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $14.1 million in Q1 2022 to a low of $5.1 million in Q2 2026.
  • Historically, Operating Expenses has averaged $7.4 million across 5 years, with a median of $7.8 million in 2024.
  • Biggest YoY gain for Operating Expenses was 21.74% in 2022; the steepest drop was 42.76% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $8.1 million in 2022, then declined by 1.34% to $8.0 million in 2023, then slipped by 23.58% to $6.1 million in 2024, then fell by 10.91% to $5.4 million in 2025, then dropped by 6.62% to $5.1 million in 2026.
  • The last three Operating Expenses figures came in at $5.1 million (Q2 2026), $5.5 million (Q1 2026), and $5.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.82 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 2.87 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 1.46 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 380.30 Mn
10 Iridex 19.91 Mn 15.31 Mn 4.74 Mn 5.07 Mn

Historic Data

Download Data
DateValue
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