IRIDEX CORPIRIXEarnings & Financial Report
Nasdaq
NextMar 27, 2026
IRIX Q3 2026 Key Financial Metrics
Revenue
$12.5M
Gross Profit
$4.0M
Operating Profit
$-1.4M
Net Profit
$-1.6M
Gross Margin
32.1%
Operating Margin
-11.3%
Net Margin
-12.6%
YoY Growth
7.8%
EPS
$-0.09
Financial Flow
IRIDEX CORP Q3 2026 Financial Summary
IRIDEX CORP reported revenue of $12.5M for Q3 2026, with a net profit of $-1.6M (-12.6% margin). Cost of goods sold was $8.5M, operating expenses totaled $5.4M.
Key Financial Metrics
| Total Revenue | $12.5M |
|---|---|
| Net Profit | $-1.6M |
| Gross Margin | 32.1% |
| Operating Margin | -11.3% |
| Report Period | Q3 2026 |
IRIDEX CORP Annual Revenue by Year
IRIDEX CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $48.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $48.7M |
| 2024 | $51.9M |
| 2023 | $57.0M |
| 2022 | $53.9M |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.5M | $11.8M | $12.6M | $11.6M | $12.7M | $11.9M | $13.6M | $12.5M |
| YoY Growth | -18.0% | -14.2% | -1.7% | -9.9% | 1.9% | 1.1% | 7.4% | 7.8% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $34.4M | $34.1M | $31.2M | $30.2M | $29.1M | $34.2M | $31.6M | $28.4M |
| Liabilities | $24.9M | $27.6M | $27.0M | $27.5M | $27.0M | $27.4M | $25.5M | $23.7M |
| Equity | $9.5M | $6.5M | $4.2M | $2.6M | $2.1M | $852000 | $6.1M | $4.7M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-979000 | $-1.6M | $-1.3M | $-3.1M | $-1.2M | $-1.1M | $-397000 | $-1.2M |