Iridex (IRIX) Tax Rate (2010 - 2026)
Iridex (IRIX) posted Tax Rate of 5.85% for Q3 2026, up 52.98% on a QoQ basis from 12.45% in Q2 2026, and down 369.0% year-over-year from 2.18% in Q3 2025.
Analysis
Iridex (IRIX) Tax Rate (2010 - 2026) Analysis & Trends
Iridex has reported Tax Rate for 17 years, with the latest figure at 5.85% in Q3 2026.
- On a quarterly basis, Tax Rate fell 369.0% year-over-year to 5.85% in Q3 2026; TTM through Jul 2026 was 20.32%, a 1449.0% decrease from a year earlier, with the FY2026 full-year figure at 18.24%, down 276.0% from the prior year.
- Tax Rate was 5.85% for Q3 2026 at Iridex, up from 12.45% in the prior quarter.
- The five-year high for Tax Rate was 229.88% in Q4 2024, with the low at 12.45% in Q2 2026.
- Average Tax Rate over 5 years is 16.63%, with a median of 0.76% recorded in 2022.
- The sharpest annual moves came in 2024 and 2026: Tax Rate surged 23182 bps in 2024, then sank 11501 bps in 2026.
- Over 5 years, Tax Rate stood at 1.17% in 2022, then plunged by 66 bps to 1.94% in 2023, then surged by 11950 bps to 229.88% in 2024, then plunged by 100 bps to 0.25% in 2025, then plunged by 2196 bps to 5.85% in 2026.
- The last three Tax Rate figures came in at 5.85% (Q3 2026), 12.45% (Q2 2026), and 114.87% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 26.51% |
| 10 | Iridex | 11.85 Mn | 7.17 Mn | 4.30 Mn | -5.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | -5.85% |
| Apr 4, 2026 | -12.45% |
| Jan 3, 2026 | 114.87% |
| Sep 27, 2025 | -0.25% |
| Jun 28, 2025 | -2.16% |
| Mar 29, 2025 | -0.72% |
| Dec 28, 2024 | 229.88% |
| Sep 28, 2024 | -0.89% |
| Jun 29, 2024 | -0.71% |
| Mar 30, 2024 | -1.11% |
| Dec 30, 2023 | -1.94% |
| Sep 30, 2023 | -0.46% |
| Jul 1, 2023 | -0.36% |
| Apr 1, 2023 | -0.58% |
| Dec 31, 2022 | -1.17% |
| Oct 1, 2022 | -0.80% |
| Jul 2, 2022 | -0.76% |
| Apr 2, 2022 | -0.84% |
| Jan 1, 2022 | 2.23% |
| Oct 2, 2021 | -0.37% |