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Companies / Health Care / IRIDEX Corporation
IRIX

IRIDEX Corporation

Health CareElectromedical Apparatus
Ticker IRIXMOUNTAIN VIEW, CAFiscal year ends JanuaryBook value per share $0.21Diluted shares 17.4M

IRIDEX Corporation (Nasdaq: IRIX) develops and commercializes ophthalmic medical technology used to treat sight-threatening conditions, including glaucoma and retinal diseases. Its products include laser consoles, delivery devices and single-use probes, incorporating MicroPulse, Endpoint Management and… From the company’s description.

Over the twelve months to Jul 4, 2026, IRIDEX Corporation reported revenue of $51.57M, up 3.7% from a year earlier, and a net loss of $3.55M. Its operating margin was −5.4%, and operations used $1.73M in cash. In fiscal 2025, it reported revenue of $52.67M, up 8.2% from fiscal 2024, and a net loss of $4.44M.

Fiscal year 2025 · ends 01-03Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-04
Sales & profitability
$52.67MFY2025
+8.2% year over year
Last 12 mo $51.57M
-4.88%FY2025
+12.2 percentage points
Last 12 mo -5.39%
$-4.44MFY2025
+50.2% year over year
Last 12 mo $-3.55M
-90.15%FY2025
+334.7 percentage points
Last 12 mo -97.47%
Cash & financing
$-2.12MFY2025
+71.0% year over year
Last 12 mo $-1.73M
$-2.26MFY2025
+69.1% year over year
Last 12 mo $-2.00M
0.76FY2025
Was 1.31× a year earlier
Last 12 mo 1.04
16.9MFY2025
+3.0% year over year
Last 12 mo 17.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What IRIDEX Corporation does

In the company’s own words

IRIDEX Corporation (Nasdaq: IRIX) develops and commercializes ophthalmic medical technology used to treat sight-threatening conditions, including glaucoma and retinal diseases. Its products include laser consoles, delivery devices and single-use probes, incorporating MicroPulse, Endpoint Management and pattern-scanning technologies alongside continuous-wave laser treatment. Product lines include the Cyclo G6, IQ, PASCAL and OcuLight laser systems, and MicroPulse P3, G-Probe and EndoProbe devices. Customers include ophthalmologists, hospitals, ambulatory surgical centers, clinics, research and teaching hospitals, government installations and veterinary practices. IRIDEX sells through a direct sales force in the United States and Germany and through distributors in many other international markets. Revenue also comes from consumables, equipment repairs and service contracts. The company reports its business as a single operating segment; fiscal 2025 revenue was $52.7 million, and international sales represented 55.9% of revenue. IRIDEX was incorporated in 1989 as IRIS Medical Instruments and adopted its current name in 1996. Its website is www.Iridex.com.

Company details
Sector
Health Care
Industry (SIC)
Electromedical Apparatus
Headquarters
MOUNTAIN VIEW, CA
Fiscal year end
January
CIK
1006045
SIC
3845

Financial performance, year by year

Fiscal 2011–2025 · USD
$-19.85M$1.10M$22.05M$43.00M$63.96M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns IRIDEX Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

6
funds hold it
0 of 35
superinvestors hold it
$0.73M
held by funds, at market
3.7%
of shares held by funds

Largest fund holders · IRIDEX Corporation’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
—of fund net assets
Fidelity Nasdaq Composite Index Fund
FNCMX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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