IRIDEX Corporation (IRIX)

NASDAQ: IRIX · Real-Time Price · USD

0.65995

-0.0101 (-1.50%)

At close: Sep 21, 2026, 4:00 PM EDT

0.6430

-0.0170 (-2.57%)

After-hours: Sep 21, 2026, 4:04 PM EDT

IRIDEX Financials Overview

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 4, 2026	Jan '26 Jan 3, 2026	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Revenue	51.57	52.68	48.67	51.87	56.97	53.9
Revenue Growth	3.68%	8.23%	-6.17%	-8.96%	5.69%	48.30%
Gross Profit	18.53	19.23	19.5	21.81	25.37	22.83
Operating Income	-2.78	-2.57	-8.3	-10.01	-7.54	-7.53
Net Income	-3.55	-4.44	-8.91	-9.57	-7.55	-5.23
Earnings Per Share	-0.21	-0.26	-0.54	-0.59	-0.47	-0.34
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 4, 2026	Jan '26 Jan 3, 2026	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
United States	23.17	23.21	22.69	26.05	29.18	24.95
Europe, Middle East and Africa	14.67	14.39	11.82	13.52	13.8	13.97
Asia/Pacific Rim	11.37	12.95	11.95	10.23	10.93	12.44
Americas Excluding the U.S.	2.37	2.12	2.21	2.06	3.06	2.54
Total	51.57	52.68	48.67	51.87	56.97	53.9

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 4, 2026	Jan '26 Jan 3, 2026	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Investments	4.68	6.03	2.39	7.03	13.92	23.85
Total Debt	4.01	4.53	4.64	2.75	1.77	2.66
Net Cash (Debt)	0.67	1.5	-2.26	4.29	12.15	21.2
Net Cash Growth	-60.99%	-	-	-64.72%	-42.66%	184.97%
Net Cash Per Share	0.04	0.09	-0.14	0.27	0.76	1.37

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 4, 2026	Jan '26 Jan 3, 2026	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Operating Cash Flow	-1.73	-2.12	-7.29	-6.75	-9.52	8.22
Capital Expenditures	-0.27	-0.14	-0.01	-0.11	-0.29	-0.21
Free Cash Flow	-2	-2.26	-7.3	-6.85	-9.81	8
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 4, 2026	Jan '26 Jan 3, 2026	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Gross Margin	35.92%	36.50%	40.07%	42.04%	44.53%	42.36%
Operating Margin	-5.39%	-4.88%	-17.06%	-19.29%	-13.24%	-13.98%
Pretax Margin	-6.58%	-8.32%	-18.17%	-18.28%	-13.13%	-9.62%
Profit Margin	-6.88%	-8.42%	-18.31%	-18.45%	-13.25%	-9.69%
FCF Margin	-3.88%	-4.29%	-14.99%	-13.21%	-17.21%	14.85%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 21, 2026	Jan '26 Jan 3, 2026	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Forward PE	-	56.88	56.88	56.88	56.88	56.88
P/FCF Ratio	-	-	-	-	-	12.11
PS Ratio	0.23	0.38	0.57	0.88	0.56	1.80