# Iridex Corp: overview

IRIX · Nasdaq · CIK 1006045 · [Healthcare](/sectors/healthcare.md) · fiscal year ends Jan 3

Pages: [Overview](/companies/irix.md) · [Financials](/companies/irix/financials.md) · [Filings](/companies/irix/filings.md) · [Insiders](/companies/irix/insiders.md)

Latest reported revenue: [$12.6m](/filings/0001193125-26-355641.md) for Q2 FY2026, three months to 2026-07-04, from the 10-Q filed Aug 18, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-355641).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-28) | Q4 FY2024 (2024-12-28) | Q1 FY2025 (2025-03-29) | Q2 FY2025 (2025-06-28) | Q3 FY2025 (2025-09-27) | Q4 FY2025 (2026-01-03) | Q1 FY2026 (2026-04-04) | Q2 FY2026 (2026-07-04) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [11.6](/filings/0001193125-25-277712.md) | [12.7 d](/filings/0001193125-26-140194.md) | [11.9](/filings/0001193125-26-230789.md) | [13.6](/filings/0001193125-26-355641.md) | [12.5](/filings/0001193125-25-277712.md) | [14.7 d](/filings/0001193125-26-140194.md) | [11.8](/filings/0001193125-26-230789.md) | [12.6](/filings/0001193125-26-355641.md) |
| Gross margin | % | [37.3%](/filings/0001193125-25-277712.md) | [44.0% d](/filings/0001193125-26-140194.md) | [42.5%](/filings/0001193125-26-230789.md) | [34.5%](/filings/0001193125-26-355641.md) | [32.1%](/filings/0001193125-25-277712.md) | [37.2% d](/filings/0001193125-26-140194.md) | [40.2%](/filings/0001193125-26-230789.md) | [34.2%](/filings/0001193125-26-355641.md) |
| Operating margin | % | [(16.1%)](/filings/0001193125-25-277712.md) | [(4.0%) d](/filings/0001193125-26-140194.md) | [(1.7%)](/filings/0001193125-26-230789.md) | [(6.9%)](/filings/0001193125-26-355641.md) | [(11.3%)](/filings/0001193125-25-277712.md) | [(0.1%) d](/filings/0001193125-26-140194.md) | [(2.7%)](/filings/0001193125-26-230789.md) | [(8.2%)](/filings/0001193125-26-355641.md) |
| Net margin | % | [(16.7%)](/filings/0001193125-25-277712.md) | [(6.6%) d](/filings/0001193125-26-140194.md) | [(14.2%)](/filings/0001193125-26-230789.md) | [(7.3%)](/filings/0001193125-26-355641.md) | [(12.6%)](/filings/0001193125-25-277712.md) | [(1.2%) d](/filings/0001193125-26-140194.md) | [(4.4%)](/filings/0001193125-26-230789.md) | [(10.1%)](/filings/0001193125-26-355641.md) |
| Diluted EPS | $ per share | [(0.12)](/filings/0001193125-25-277712.md) | not reported | [(0.10)](/filings/0001193125-26-230789.md) | [(0.06)](/filings/0001193125-26-355641.md) | [(0.09)](/filings/0001193125-25-277712.md) | not reported | [(0.03)](/filings/0001193125-26-230789.md) | [(0.07)](/filings/0001193125-26-355641.md) |
| Free cash flow | $m | [(3.1) d](/filings/0001193125-25-277712.md) | [(1.2) d](/filings/0001193125-26-140194.md) | [(1.2)](/filings/0001193125-26-230789.md) | [(0.4) d](/filings/0001193125-26-355641.md) | [(1.2) d](/filings/0001193125-25-277712.md) | [0.5 d](/filings/0001193125-26-140194.md) | [(1.4)](/filings/0001193125-26-230789.md) | [0.1 d](/filings/0001193125-26-355641.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2022-01-01) | FY2022 (2022-12-31) | FY2023 (2023-12-30) | FY2024 (2024-12-28) | FY2025 (2026-01-03) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [53.9](/filings/0000950170-23-007061.md) | [57.0](/filings/0000950170-24-038650.md) | [51.9](/filings/0000950170-25-046107.md) | [48.7](/filings/0001193125-26-140194.md) | [52.7](/filings/0001193125-26-140194.md) |
| Gross margin | % | [42.4%](/filings/0000950170-23-007061.md) | [44.5%](/filings/0000950170-24-038650.md) | [42.0%](/filings/0000950170-25-046107.md) | [40.1%](/filings/0001193125-26-140194.md) | [36.5%](/filings/0001193125-26-140194.md) |
| Operating margin | % | [(14.0%)](/filings/0000950170-23-007061.md) | [(13.2%)](/filings/0000950170-24-038650.md) | [(19.3%)](/filings/0000950170-25-046107.md) | [(17.1%)](/filings/0001193125-26-140194.md) | [(4.9%)](/filings/0001193125-26-140194.md) |
| Net margin | % | [(9.7%)](/filings/0000950170-23-007061.md) | [(13.2%)](/filings/0000950170-24-038650.md) | [(18.5%)](/filings/0000950170-25-046107.md) | [(18.3%)](/filings/0001193125-26-140194.md) | [(8.4%)](/filings/0001193125-26-140194.md) |
| Diluted EPS | $ per share | [(0.34)](/filings/0000950170-23-007061.md) | [(0.47)](/filings/0000950170-24-038650.md) | [(0.59)](/filings/0000950170-25-046107.md) | [(0.54)](/filings/0001193125-26-140194.md) | [(0.26)](/filings/0001193125-26-140194.md) |
| Free cash flow | $m | [8.0](/filings/0000950170-23-007061.md) | [(9.8)](/filings/0000950170-24-038650.md) | [(6.9)](/filings/0000950170-25-046107.md) | [(7.3)](/filings/0001193125-26-140194.md) | [(2.3)](/filings/0001193125-26-140194.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/irix/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [PARAGON ASSOCIATES & PARAGON ASSOCIATES II JOINT VENTURE](/funds/1047859.md) | 2026-03-31 | $1.0m | 1,000,000 |  | Not compared |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $589.2k | 514,593 |  | Unchanged |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $485.0k | 423,542 |  | Added +26,915 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $349.4k | 305,193 |  | New +305,193 |
| [WEBER CAPITAL MANAGEMENT LLC /ADV](/funds/1099905.md) | 2026-06-30 | $206.6k | 180,451 |  | Reduced −79,107 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $159.2k | 138,960 |  | Reduced −21,199 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $113.3k | 98,950 |  | Added +38,099 |
| [PERKINS CAPITAL MANAGEMENT INC](/funds/884300.md) | 2026-06-30 | $81.1k | 70,800 |  | Added +15,500 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $68.9k | 60,155 |  | Unchanged |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $51.2k | 44,718 |  | Unchanged |

## Recent filings

[All 928 filings](/companies/irix/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-02 | 20:20 ET | [8-K](/filings/0001193125-26-380229.md) | 3.01 Delisting notice; 9.01 Financial statements and exhibits | 0001193125-26-380229 |
| 2026-08-18 | 20:54 ET | [10-Q](/filings/0001193125-26-355641.md) | Quarterly report, period 2026-07-04 | 0001193125-26-355641 |
| 2026-08-18 | 20:51 ET | [8-K](/filings/0001193125-26-355635.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-355635 |
| 2026-07-16 | 10:01 ET | [8-K](/filings/0001193125-26-305344.md) | 5.07 Shareholder vote results; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-305344 |
| 2026-07-13 | 21:49 ET | [SCHEDULE 13D/A](/filings/0002064835-26-000078.md) | Ownership report, active investor, amended | 0002064835-26-000078 |
| 2026-06-18 | 20:14 ET | [8-K](/filings/0001193125-26-275883.md) | 8.01 Other events | 0001193125-26-275883 |
| 2026-05-19 | 20:16 ET | [10-Q](/filings/0001193125-26-230789.md) | Quarterly report, period 2026-04-04 | 0001193125-26-230789 |
| 2026-05-19 | 20:13 ET | [8-K](/filings/0001193125-26-230774.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-230774 |
| 2026-04-24 | 20:05 ET | [DEF 14A](/filings/0002077096-26-000092.md) | Proxy statement, period 2026-06-12 | 0002077096-26-000092 |
| 2026-04-02 | 20:20 ET | [10-K](/filings/0001193125-26-140194.md) | Annual report, period 2026-01-03 | 0001193125-26-140194 |

## Latest annual report

[Form 10-K for the fiscal year ended Jan 3, 2026](/filings/0001193125-26-140194.md), filed Apr 2, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1006045
- Tickers: IRIX
- Exchange: Nasdaq
- SIC code: 3845 Electromedical & Electrotherapeutic Apparatus
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:30 ET. No prices; not investment advice.
