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| 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 |