Iridex IRIX
NASDAQ IRIX
$0.63 -0.01 (-1.28%)
As of: Sep 30, 2026 · 12:53 PM EDT

Iridex (IRIX) Work In Process (2013 - 2024)

Updated

Iridex's Work In Process came in at $15,000 for Q3 2024, down 96.5% from $432,000 a year earlier and down 25.0% from the prior quarter.

Analysis

Iridex (IRIX) Work In Process (2013 - 2024) Analysis & Trends

At the end of FY2023, Iridex's Work In Process was $156,000, down 51.3% from FY2022.

  • Work In Process carries a five-year compound annual growth rate of -32.0% (FY2018 to FY2023).
  • Going back by year, Work In Process was $320,000 in FY2022 (+59.2%), $201,000 in FY2021 and $1.11 million in FY2019 (+3.3%).
  • The Q3 2024 figure represents the lowest quarterly Work In Process in data going back to Q4 2013.
  • Year-over-year, Work In Process has declined for four consecutive quarters, with an average decline of 14.9% over the last eight quarters.
  • The fastest year-over-year change in Work In Process over five years came in Q4 2022 (growth of 59.2%), and the weakest in Q3 2024 (a decline of 96.5%).
  • Business Quant data shows IRIX's Work In Process at $20,000 (Q2 2024), $135,000 (Q1 2024) and $156,000 (Q4 2023) in the three quarters before Q3 2024.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 251.30 Bn 230.45 Bn 4.88 Bn
2 Abbott Laboratories 174.70 Bn 145.78 Bn 7.27 Bn
3 Danaher 158.94 Bn 142.76 Bn 3.61 Bn
4 Intuitive Surgical 145.87 Bn 125.42 Bn 1.96 Bn
5 Medtronic 111.49 Bn 77.36 Bn 6.34 Bn
6 Stryker 106.96 Bn 93.08 Bn 4.50 Bn
7 Boston Scientific 63.62 Bn 58.63 Bn 3.85 Bn
8 Edwards Lifesciences 50.80 Bn 34.92 Bn 1.35 Bn
9 Becton Dickinson 49.59 Bn 46.74 Bn 2.32 Bn
10 Iridex 11.00 Mn -9.88 Mn 4.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 28, 2024 15,000.00
Jun 29, 2024 20,000.00
Mar 30, 2024 135,000.00
Dec 30, 2023 156,000.00
Sep 30, 2023 432,000.00
Jul 1, 2023 438,000.00
Apr 1, 2023 397,000.00
Dec 31, 2022 320,000.00
Oct 1, 2022 301,000.00
Jul 2, 2022 312,000.00
Apr 2, 2022 270,000.00
Jan 1, 2022 201,000.00
Oct 2, 2021 415,000.00
Jul 3, 2021 595,000.00
Apr 3, 2021 534,000.00
Jan 2, 2021 548,000.00
Sep 26, 2020 601,000.00
Mar 28, 2020 747,000.00
Dec 28, 2019 1.11 Mn
Sep 28, 2019 811,000.00
API Access

Iridex Work In Process API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=work-in-process&ticker=IRIX&period=max&api_key=YOUR_API_KEY