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

SIFCO INDUSTRIES INC is the larger business by last-quarter revenue ($24.0M vs $14.7M, roughly 1.6× IRIDEX CORP). On growth, SIFCO INDUSTRIES INC posted the faster year-over-year revenue change (14.8% vs -69.7%). Over the past eight quarters, IRIDEX CORP's revenue compounded faster (11.9% CAGR vs 8.1%).

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.

SIFCO Industries, Inc. (SIFCO), is a global metal component manufacturer based in Cleveland, Ohio.

IRIX vs SIF — Head-to-Head

Bigger by revenue
SIF
SIF
1.6× larger
SIF
$24.0M
$14.7M
IRIX
Growing faster (revenue YoY)
SIF
SIF
+84.5% gap
SIF
14.8%
-69.7%
IRIX
Faster 2-yr revenue CAGR
IRIX
IRIX
Annualised
IRIX
11.9%
8.1%
SIF

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IRIX
IRIX
SIF
SIF
Revenue
$14.7M
$24.0M
Net Profit
$1.8M
Gross Margin
37.2%
21.6%
Operating Margin
10.7%
Net Margin
7.5%
Revenue YoY
-69.7%
14.8%
Net Profit YoY
177.3%
EPS (diluted)
$0.29

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
SIF
SIF
Q4 25
$14.7M
$24.0M
Q3 25
$12.5M
$22.8M
Q2 25
$13.6M
$22.1M
Q1 25
$11.9M
$19.0M
Q4 24
$12.7M
$20.9M
Q3 24
$11.6M
$21.7M
Q2 24
$12.6M
$22.0M
Q1 24
$11.8M
$20.5M
Net Profit
IRIX
IRIX
SIF
SIF
Q4 25
$1.8M
Q3 25
$-1.6M
$-429.0K
Q2 25
$-994.0K
$3.4M
Q1 25
$-1.7M
$-1.4M
Q4 24
$-834.0K
$-2.3M
Q3 24
$-1.9M
$-443.0K
Q2 24
$-2.7M
$72.0K
Q1 24
$-3.5M
$-1.6M
Gross Margin
IRIX
IRIX
SIF
SIF
Q4 25
37.2%
21.6%
Q3 25
32.1%
9.6%
Q2 25
34.5%
26.7%
Q1 25
42.5%
8.3%
Q4 24
44.0%
4.4%
Q3 24
37.3%
10.7%
Q2 24
40.7%
12.3%
Q1 24
37.9%
7.3%
Operating Margin
IRIX
IRIX
SIF
SIF
Q4 25
10.7%
Q3 25
-11.3%
-1.7%
Q2 25
-6.9%
14.8%
Q1 25
-1.7%
-4.1%
Q4 24
-3.9%
-9.2%
Q3 24
-16.1%
-1.5%
Q2 24
-20.9%
0.7%
Q1 24
-28.0%
-6.5%
Net Margin
IRIX
IRIX
SIF
SIF
Q4 25
7.5%
Q3 25
-12.6%
-1.9%
Q2 25
-7.3%
15.4%
Q1 25
-14.2%
-7.3%
Q4 24
-6.6%
-11.1%
Q3 24
-16.7%
-2.0%
Q2 24
-21.2%
0.3%
Q1 24
-29.5%
-7.8%
EPS (diluted)
IRIX
IRIX
SIF
SIF
Q4 25
$0.29
Q3 25
$-0.09
$-0.07
Q2 25
$-0.06
$0.56
Q1 25
$-0.10
$-0.23
Q4 24
$-0.05
$-0.38
Q3 24
$-0.12
$-0.07
Q2 24
$-0.16
$0.01
Q1 24
$-0.21
$-0.27

Balance Sheet & Financial Strength

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

Metric
IRIX
IRIX
SIF
SIF
Cash + ST InvestmentsLiquidity on hand
$6.0M
$1.1M
Total DebtLower is stronger
$39.0K
Stockholders' EquityBook value
$38.7M
Total Assets
$29.2M
$74.9M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRIX
IRIX
SIF
SIF
Q4 25
$6.0M
$1.1M
Q3 25
$5.6M
$491.0K
Q2 25
$6.8M
$2.0M
Q1 25
$7.2M
$1.9M
Q4 24
$2.4M
$3.1M
Q3 24
$3.9M
$1.7M
Q2 24
$4.1M
$3.4M
Q1 24
$5.4M
$2.5M
Total Debt
IRIX
IRIX
SIF
SIF
Q4 25
$39.0K
Q3 25
$51.0K
Q2 25
Q1 25
Q4 24
$1.0M
Q3 24
$1.4M
$0
Q2 24
$3.6M
Q1 24
$4.1M
Stockholders' Equity
IRIX
IRIX
SIF
SIF
Q4 25
$38.7M
Q3 25
$4.7M
$36.9M
Q2 25
$6.1M
$35.8M
Q1 25
$852.0K
$32.4M
Q4 24
$2.1M
$33.7M
Q3 24
$2.6M
$30.4M
Q2 24
$4.2M
$29.8M
Q1 24
$6.5M
$29.7M
Total Assets
IRIX
IRIX
SIF
SIF
Q4 25
$29.2M
$74.9M
Q3 25
$28.4M
$73.4M
Q2 25
$31.6M
$77.3M
Q1 25
$34.2M
$78.8M
Q4 24
$29.1M
$81.0M
Q3 24
$30.2M
$104.6M
Q2 24
$31.2M
$106.3M
Q1 24
$34.1M
$104.2M
Debt / Equity
IRIX
IRIX
SIF
SIF
Q4 25
0.00×
Q3 25
0.00×
Q2 25
Q1 25
Q4 24
0.48×
Q3 24
0.53×
0.00×
Q2 24
0.12×
Q1 24
0.14×

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
SIF
SIF
Operating Cash FlowLast quarter
$8.1M
Free Cash FlowOCF − Capex
$8.0M
FCF MarginFCF / Revenue
33.3%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
4.51×
TTM Free Cash FlowTrailing 4 quarters
$11.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRIX
IRIX
SIF
SIF
Q4 25
$8.1M
Q3 25
$-1.2M
$726.0K
Q2 25
$-397.0K
$371.0K
Q1 25
$-1.1M
$2.8M
Q4 24
$-1.2M
$-3.8M
Q3 24
$-3.1M
$857.0K
Q2 24
$-1.3M
$382.0K
Q1 24
$-1.6M
$-3.2M
Free Cash Flow
IRIX
IRIX
SIF
SIF
Q4 25
$8.0M
Q3 25
$-1.2M
$566.0K
Q2 25
$-410.0K
$310.0K
Q1 25
$-1.2M
$2.7M
Q4 24
$-1.2M
$-3.9M
Q3 24
$-3.1M
$580.0K
Q2 24
$-175.0K
Q1 24
$-1.7M
$-3.9M
FCF Margin
IRIX
IRIX
SIF
SIF
Q4 25
33.3%
Q3 25
-9.4%
2.5%
Q2 25
-3.0%
1.4%
Q1 25
-9.8%
14.1%
Q4 24
-9.8%
-18.8%
Q3 24
-26.5%
2.7%
Q2 24
-0.8%
Q1 24
-14.0%
-18.9%
Capex Intensity
IRIX
IRIX
SIF
SIF
Q4 25
0.4%
Q3 25
0.1%
0.7%
Q2 25
0.1%
0.3%
Q1 25
0.1%
0.8%
Q4 24
0.1%
0.5%
Q3 24
0.0%
1.3%
Q2 24
0.0%
2.5%
Q1 24
0.0%
3.3%
Cash Conversion
IRIX
IRIX
SIF
SIF
Q4 25
4.51×
Q3 25
Q2 25
0.11×
Q1 25
Q4 24
Q3 24
Q2 24
5.31×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

IRIX
IRIX

Segment breakdown not available.

SIF
SIF

Fixed Wing Aircraft Revenue$10.5M44%
Commercial Revenue$8.7M36%
Commercial Product And Other Revenue$2.8M12%
Commercial Space$1.1M5%
Other$840.0K4%

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