Iridex (IRIX) Operating Expenses (2010 - 2026)

Iridex's (IRIX) quarterly Operating Expenses came in at $5.1 million in Q2 2026, down 3.71% year-on-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.

  • On a quarterly basis, Operating Expenses fell 3.71% year-over-year to $5.1 million in Q2 2026; TTM through Apr 2026 was $21.6 million, a 14.66% decrease from a year earlier, with the FY2026 full-year figure at $21.8 million, down 21.6% from the prior year.
  • Operating Expenses eased to $5.1 million in Q2 2026 per IRIX's latest filing, from $5.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $14.1 million in Q1 2022 and bottomed 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.
  • Biggest YoY gain for Operating Expenses was 21.74% in 2022; the steepest drop was 42.76% in 2022.
  • Year by year, Operating Expenses 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.
  • Per Business Quant, the three latest IRIX Operating Expenses figures stand at $5.1 million (Q2 2026), $5.5 million (Q1 2026), and $5.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Iridex 15.93 Mn 11.33 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