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Side-by-side financial comparison of IRIDEX CORP (IRIX) and VOX ROYALTY CORP. (VOXR). Click either name above to swap in a different company.
IRIDEX CORP is the larger business by last-quarter revenue ($14.7M vs $9.3M, roughly 1.6× VOX ROYALTY CORP.). Over the past eight quarters, VOX ROYALTY CORP.'s revenue compounded faster (26.4% CAGR vs 11.9%).
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.
Vox Royalty Corp. is a specialized mining royalty and streaming company that provides upfront capital to mining project owners and operators, in exchange for a share of future commodity production revenue or physical output. Its portfolio includes gold, silver, copper and other critical minerals, with core operating markets spanning North America, Australia and Africa, catering to the global mining exploration and development sector.
IRIX vs VOXR — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $14.7M | $9.3M |
| Net Profit | — | $-682.6K |
| Gross Margin | 37.2% | 69.2% |
| Operating Margin | — | 11.8% |
| Net Margin | — | -7.4% |
| Revenue YoY | -69.7% | — |
| Net Profit YoY | — | — |
| EPS (diluted) | — | — |
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.
| Q4 25 | $14.7M | — | ||
| Q3 25 | $12.5M | $9.3M | ||
| Q2 25 | $13.6M | $5.4M | ||
| Q1 25 | $11.9M | $2.7M | ||
| Q4 24 | $12.7M | — | ||
| Q3 24 | $11.6M | $8.2M | ||
| Q2 24 | $12.6M | $5.7M | ||
| Q1 24 | $11.8M | $2.9M |
| Q4 25 | — | — | ||
| Q3 25 | $-1.6M | $-682.6K | ||
| Q2 25 | $-994.0K | $-575.0K | ||
| Q1 25 | $-1.7M | $-241.4K | ||
| Q4 24 | $-834.0K | — | ||
| Q3 24 | $-1.9M | $316.9K | ||
| Q2 24 | $-2.7M | $-729.7K | ||
| Q1 24 | $-3.5M | $-681.2K |
| Q4 25 | 37.2% | — | ||
| Q3 25 | 32.1% | 69.2% | ||
| Q2 25 | 34.5% | 83.0% | ||
| Q1 25 | 42.5% | 90.1% | ||
| Q4 24 | 44.0% | — | ||
| Q3 24 | 37.3% | 97.0% | ||
| Q2 24 | 40.7% | 83.8% | ||
| Q1 24 | 37.9% | — |
| Q4 25 | — | — | ||
| Q3 25 | -11.3% | 11.8% | ||
| Q2 25 | -6.9% | 15.0% | ||
| Q1 25 | -1.7% | 22.8% | ||
| Q4 24 | -3.9% | — | ||
| Q3 24 | -16.1% | 28.5% | ||
| Q2 24 | -20.9% | 7.4% | ||
| Q1 24 | -28.0% | 32.7% |
| Q4 25 | — | — | ||
| Q3 25 | -12.6% | -7.4% | ||
| Q2 25 | -7.3% | -10.6% | ||
| Q1 25 | -14.2% | -9.0% | ||
| Q4 24 | -6.6% | — | ||
| Q3 24 | -16.7% | 3.9% | ||
| Q2 24 | -21.2% | -12.8% | ||
| Q1 24 | -29.5% | -23.6% |
| Q4 25 | — | — | ||
| Q3 25 | $-0.09 | — | ||
| Q2 25 | $-0.06 | — | ||
| Q1 25 | $-0.10 | — | ||
| Q4 24 | $-0.05 | — | ||
| Q3 24 | $-0.12 | — | ||
| Q2 24 | $-0.16 | — | ||
| Q1 24 | $-0.21 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $6.0M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | — |
| Total Assets | $29.2M | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $6.0M | — | ||
| Q3 25 | $5.6M | — | ||
| Q2 25 | $6.8M | — | ||
| Q1 25 | $7.2M | — | ||
| Q4 24 | $2.4M | — | ||
| Q3 24 | $3.9M | — | ||
| Q2 24 | $4.1M | — | ||
| Q1 24 | $5.4M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.0M | — | ||
| Q3 24 | $1.4M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | $4.7M | — | ||
| Q2 25 | $6.1M | — | ||
| Q1 25 | $852.0K | — | ||
| Q4 24 | $2.1M | — | ||
| Q3 24 | $2.6M | — | ||
| Q2 24 | $4.2M | — | ||
| Q1 24 | $6.5M | — |
| Q4 25 | $29.2M | — | ||
| Q3 25 | $28.4M | — | ||
| Q2 25 | $31.6M | — | ||
| Q1 25 | $34.2M | — | ||
| Q4 24 | $29.1M | — | ||
| Q3 24 | $30.2M | — | ||
| Q2 24 | $31.2M | — | ||
| Q1 24 | $34.1M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.48× | — | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IRIX
Segment breakdown not available.
VOXR
| Total | $8.2M | 88% |
| Other | $1.1M | 12% |
