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Side-by-side financial comparison of IRIDEX CORP (IRIX) and PCB BANCORP (PCB). Click either name above to swap in a different company.

PCB BANCORP is the larger business by last-quarter revenue ($29.2M vs $14.7M, roughly 2.0× IRIDEX CORP). On growth, PCB BANCORP posted the faster year-over-year revenue change (11.3% vs -69.7%). Over the past eight quarters, IRIDEX CORP's revenue compounded faster (11.9% CAGR vs 10.4%).

IRIDEX Corporation is a global medical technology company that designs, manufactures and distributes advanced laser-based medical devices, primarily serving the ophthalmology and aesthetic medicine sectors. It supplies products to healthcare providers, clinics and medical facilities across North America, Europe, Asia Pacific and other regions, delivering minimally invasive solutions for eye disease treatment and cosmetic procedures.

PCB Bank is an American community bank that focuses on the Korean-American community based in California and offers commercial banking services. It has branches in 8 states and is the third largest Korean American Bank after Bank of Hope and Hanmi Bank.

IRIX vs PCB — Head-to-Head

Bigger by revenue
PCB
PCB
2.0× larger
PCB
$29.2M
$14.7M
IRIX
Growing faster (revenue YoY)
PCB
PCB
+81.1% gap
PCB
11.3%
-69.7%
IRIX
Faster 2-yr revenue CAGR
IRIX
IRIX
Annualised
IRIX
11.9%
10.4%
PCB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IRIX
IRIX
PCB
PCB
Revenue
$14.7M
$29.2M
Net Profit
Gross Margin
37.2%
Operating Margin
45.0%
Net Margin
Revenue YoY
-69.7%
11.3%
Net Profit YoY
EPS (diluted)
$0.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IRIX
IRIX
PCB
PCB
Q4 25
$14.7M
$29.2M
Q3 25
$12.5M
$30.4M
Q2 25
$13.6M
$29.3M
Q1 25
$11.9M
$26.9M
Q4 24
$12.7M
$26.2M
Q3 24
$11.6M
$25.3M
Q2 24
$12.6M
$24.2M
Q1 24
$11.8M
$23.9M
Net Profit
IRIX
IRIX
PCB
PCB
Q4 25
Q3 25
$-1.6M
$11.4M
Q2 25
$-994.0K
$9.1M
Q1 25
$-1.7M
$7.7M
Q4 24
$-834.0K
Q3 24
$-1.9M
$7.8M
Q2 24
$-2.7M
$6.3M
Q1 24
$-3.5M
$4.7M
Gross Margin
IRIX
IRIX
PCB
PCB
Q4 25
37.2%
Q3 25
32.1%
Q2 25
34.5%
Q1 25
42.5%
Q4 24
44.0%
Q3 24
37.3%
Q2 24
40.7%
Q1 24
37.9%
Operating Margin
IRIX
IRIX
PCB
PCB
Q4 25
45.0%
Q3 25
-11.3%
52.3%
Q2 25
-6.9%
43.3%
Q1 25
-1.7%
40.2%
Q4 24
-3.9%
39.3%
Q3 24
-16.1%
42.2%
Q2 24
-20.9%
36.3%
Q1 24
-28.0%
27.2%
Net Margin
IRIX
IRIX
PCB
PCB
Q4 25
Q3 25
-12.6%
37.5%
Q2 25
-7.3%
31.0%
Q1 25
-14.2%
28.8%
Q4 24
-6.6%
Q3 24
-16.7%
30.8%
Q2 24
-21.2%
25.9%
Q1 24
-29.5%
19.6%
EPS (diluted)
IRIX
IRIX
PCB
PCB
Q4 25
$0.65
Q3 25
$-0.09
$0.78
Q2 25
$-0.06
$0.62
Q1 25
$-0.10
$0.53
Q4 24
$-0.05
$0.46
Q3 24
$-0.12
$0.52
Q2 24
$-0.16
$0.43
Q1 24
$-0.21
$0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IRIX
IRIX
PCB
PCB
Cash + ST InvestmentsLiquidity on hand
$6.0M
$207.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$390.0M
Total Assets
$29.2M
$3.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRIX
IRIX
PCB
PCB
Q4 25
$6.0M
$207.1M
Q3 25
$5.6M
$369.5M
Q2 25
$6.8M
$263.6M
Q1 25
$7.2M
$214.3M
Q4 24
$2.4M
$198.8M
Q3 24
$3.9M
$193.1M
Q2 24
$4.1M
$177.6M
Q1 24
$5.4M
$239.8M
Total Debt
IRIX
IRIX
PCB
PCB
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$1.0M
Q3 24
$1.4M
Q2 24
Q1 24
Stockholders' Equity
IRIX
IRIX
PCB
PCB
Q4 25
$390.0M
Q3 25
$4.7M
$384.5M
Q2 25
$6.1M
$376.5M
Q1 25
$852.0K
$370.9M
Q4 24
$2.1M
$363.8M
Q3 24
$2.6M
$362.3M
Q2 24
$4.2M
$353.5M
Q1 24
$6.5M
$350.0M
Total Assets
IRIX
IRIX
PCB
PCB
Q4 25
$29.2M
$3.3B
Q3 25
$28.4M
$3.4B
Q2 25
$31.6M
$3.3B
Q1 25
$34.2M
$3.2B
Q4 24
$29.1M
$3.1B
Q3 24
$30.2M
$2.9B
Q2 24
$31.2M
$2.9B
Q1 24
$34.1M
$2.9B
Debt / Equity
IRIX
IRIX
PCB
PCB
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.48×
Q3 24
0.53×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IRIX
IRIX
PCB
PCB
Operating Cash FlowLast quarter
$26.6M
Free Cash FlowOCF − Capex
$24.4M
FCF MarginFCF / Revenue
83.6%
Capex IntensityCapex / Revenue
7.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$46.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRIX
IRIX
PCB
PCB
Q4 25
$26.6M
Q3 25
$-1.2M
$16.4M
Q2 25
$-397.0K
$4.9M
Q1 25
$-1.1M
$2.3M
Q4 24
$-1.2M
$39.0M
Q3 24
$-3.1M
$11.9M
Q2 24
$-1.3M
$14.6M
Q1 24
$-1.6M
$8.2M
Free Cash Flow
IRIX
IRIX
PCB
PCB
Q4 25
$24.4M
Q3 25
$-1.2M
$16.2M
Q2 25
$-410.0K
$3.8M
Q1 25
$-1.2M
$1.6M
Q4 24
$-1.2M
$34.9M
Q3 24
$-3.1M
$11.9M
Q2 24
$12.8M
Q1 24
$-1.7M
$6.0M
FCF Margin
IRIX
IRIX
PCB
PCB
Q4 25
83.6%
Q3 25
-9.4%
53.2%
Q2 25
-3.0%
13.1%
Q1 25
-9.8%
6.0%
Q4 24
-9.8%
133.2%
Q3 24
-26.5%
46.8%
Q2 24
53.1%
Q1 24
-14.0%
25.2%
Capex Intensity
IRIX
IRIX
PCB
PCB
Q4 25
7.5%
Q3 25
0.1%
0.8%
Q2 25
0.1%
3.7%
Q1 25
0.1%
2.8%
Q4 24
0.1%
15.5%
Q3 24
0.0%
0.1%
Q2 24
0.0%
7.3%
Q1 24
0.0%
9.3%
Cash Conversion
IRIX
IRIX
PCB
PCB
Q4 25
Q3 25
1.44×
Q2 25
0.54×
Q1 25
0.30×
Q4 24
Q3 24
1.52×
Q2 24
2.33×
Q1 24
1.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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