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MARKETS / NASDAQ / IRIX
NASDAQ · ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS · SMALL CAP

Iridex Corp. IRIX

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$52.7M
▲ 8.2% YoY
$-4.4M
$-2.3M
In brief

What this company does

IRIDEX Corporation ("IRIDEX") is an ophthalmic medical technology company focused on the development and commercialization of breakthrough products and procedures used to treat sight-threatening eye conditions, including glaucoma and retinal diseases. Our proprietary MicroPulse® Technology and Endpoint Management™ Technology are used for the treatment of glaucoma and retina disorders. Our products consist of laser consoles, delivery devices and consumable probes. IRIDEX Corporation was incorporated in California in February 1989 as IRIS Medical Instruments, Inc. As of January 3, 2026, we had a total of 93 full-time equivalent employees engaged in our ongoing operations, including 42 in operations (including manufacturing, quality, logistics and service), 26 in sales and marketing, 11 in research and development and 14 in finance and administration.

Written from the business description in IRIDEX Corporation's annual report to the U.S. Securities and Exchange Commission, filed 2 April 2026. Every sentence was checked against that document before publication.

Growth
USD 52.7M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 52.7 · Net income -4.4
20M40M-5M-10M200920112013201520172019202120232025
Compound annual growth
−2.6%
+7.7%
+2.3%
+3.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−8 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -4.9% · Net -8.4%
10%20%-10%-20%-30%200920112013201520172019202120232025
ROE
FY2025 · ROE -126.4%
10%20%30%-50%-100%-150%200920112013201520172019202120232025

Each USD of equity lost 126 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -2.3
4M8M-4M-8M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2016 · Dividends — · Net buybacks -14.8
2M-5M-10M20092010201120122013201420152016

Total assetsUSD 29.2M
EquityUSD 4.9M
CashUSD 6.0M
Current ratio1.91×

Equity funds 17% of total assets.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.10.00.10.10.10.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.00.00.0−0.00.00.00.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.00.00.0−0.00.00.00.0
Income tax $B0.00.00.00.00.00.00.00.0−0.00.0−0.0−0.00.0−0.00.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.00.00.00.00.00.00.0
Free cash flow $B−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.00.00.0−0.00.00.00.0
EPS, diluted $−0.26−0.54−0.59−0.47−0.34−0.46−0.64−1.05−1.11−1.150.050.970.220.160.260.30·
Dividend / sh $·················
Payout %·················
ROE %−126.4−153.4−71.5−37.2−25.7−31.6−33.5−42.4−36.9−32.21.433.79.36.512.517.717.2
Shares out B0.020.020.020.020.020.010.010.010.010.010.010.010.010.010.010.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 82 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 13 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityElectromedical & Electrotherapeutic Apparatus
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsJanuary 3
SEC categorysmaller reporting company
Data on record since2009

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