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StockVS

NASDAQ · Medical Devices · USD

IRIDEX Corporation (IRIX) Stock Analysis

IRIDEX Corporation (IRIX) is a Medical Devices stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

IRIX

$0.77

+$0.01 (+1.68%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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IRIX Key Statistics

As of Oct 21, 2026
Trading
Open
$0.75
Previous Close
$0.76
Day's Range
0.75–0.84
52-Week Range
0.61–1.65
Volume
26.08K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.67
Valuation
Market Cap
$13.48M
P/E Ratio
unprofitable
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.94
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.26
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.20
Financials (FY)
Revenue (FY)
$52.68M+8.23%
Net Income (FY)
−$4.44M
Profit marginThe share of revenue left as profit after all costs and taxes.
−6.88%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
17.56M
1-Year Return
−28.92%
Dividend and dates
Earnings Date
November 17, 2026
Avg Volume
395.95K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, IRIX closed at $0.77, −28.92% over 1 year.

IRIDEX Corporation (IRIX) has a market capitalization of $13.48M.

In fiscal 2025, IRIX reported revenue of $52.68M.

IRIX Stock Return by Calendar Year

IRIDEX Corporation (IRIX) 10-year return: what $10,000 became

1 year
$10,000 $7,108
−28.92%
5 years
$10,000 $989
−90.11%
10 years
$10,000 $598
−94.02%

If you had invested $10,000 in IRIDEX Corporation (IRIX) 10 years ago, at the close on October 21, 2016, it would have been worth $598 at the close on October 21, 2026: −94.02% in total, −24.55% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−32.66%
2025−32.14%
2024−40.21%
2023+39.80%
2022−67.10%
2021+143.43%
2020+12.56%
2019−52.55%
2018−38.32%
2017−45.80%
2016 (partial year)−5.95%

As of October 21, 2026.

IRIX Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$52.68M−$4.44M−8.4%
2024$48.67M−$8.91M−18.3%
2023$51.87M−$9.57M−18.5%
2022$56.97M−$7.55M−13.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$52.68M$19.23M−$2.57M−$4.44M−8.4%
2024$48.67M$19.50M−$8.30M−$8.91M−18.3%
2023$51.87M$21.81M−$10.01M−$9.57M−18.5%
2022$56.97M$25.37M−$7.54M−$7.55M−13.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

IRIX Valuation vs Medical Devices Median

Median of 145 stocks
MetricIRIXMedical Devices medianvs median
P/S ratio0.262.530.1x the median
Profit margin−6.88%−14.78%7.9 pts above

Medians across 145 Medical Devices stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 8 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values IRIDEX Corporation (IRIX) at $13.48M. The company sits in the Healthcare sector, in the Medical Devices industry. Headcount on file is 93.

IRIX last closed at $0.77 on October 21, 2026. That is +$0.01 (+1.68%) against the previous close. Over the past 52 weeks the price has ranged from $0.61 to $1.65. The latest close sits 25.85% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $52.68M. Against the prior fiscal year total of $48.67M, that is a change of +8.23%. The same year closed with a net loss of $4.44M. The reported profit margin is −6.88%. That is 7.9 percentage points above the Medical Devices median of −14.78%. Trailing earnings per share are −0.2.

Across the 4 fiscal years on file, revenue moves from $56.97M in 2022 to $52.68M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.94. Measured against sales, the shares trade at 0.26 times revenue. On price-to-sales that is 0.1 times the Medical Devices median of 2.53. 145 Medical Devices companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.67. Annualized volatility over the trailing 10 years is 72.36%. The trailing one-year total return is −28.92%. Measured over 10 years, that is −24.55% a year compounded.

Growth & Income

No dividend is on file for IRIX.

So far in 2026 the total return is −32.66%. Across the complete calendar years on file, 2021 returned +143.43% and 2022 returned −67.10%. Of the 9 complete calendar years on file, 3 finished higher.

Peer Comparison

IRIDEX Corporation (IRIX) operates in the Medical Devices industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
IRIDEX Corporation IRIX $13.48M —
Abbott Laboratories ABT $173.92B 32.4
Medtronic plc. MDT $119.00B 22.9
Stryker Corporation SYK $114.15B 30.8

The Medical Devices industry average P/E ratio is 27.1x. IRIDEX Corporation has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About IRIDEX Corporation

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company also provides delivery devices, including slit lamp adapter, which allows the physician to utilize a standard slit lamp in diagnosis and treatment procedures; TxCell scanning laser delivery system that allows the physician to perform multi-spot pattern scanning; and laser indirect ophthalmoscope for use in procedures to treat peripheral retinal disorders. In addition, it offers MicroPulse P3 Probe, which is used with its Cylco G6 laser system to perform transscleral laser therapy; G-Probe and G-Probe Illuminate, which are used in procedures to treat uncontrolled and refractory glaucoma; and EndoProbe family of products that are used for endophotocoagulation. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, veterinary practices, and office clinics through direct and independent sales force in the United States, as well as through independent distributors internationally. It operates in the United States, Europe, the Middle East, Africa, the Asia/Pacific region, and the Americas. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California.

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