Iridex Corp income statement
In fiscal 2025, Iridex Corp reported revenue of $52.7m, up 8.2% on the year before, operating income of −$2.6m (a -4.9% margin) and net income of −$4.4m, or −$0.26 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Jan 2010 | 2010Jan 2011 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Jan 2015 | 2015Jan 2016 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Jan 2021 | 2021Jan 2022 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 31 | 32 | 33 | 34 | 38 | 43 | 42 | 46 | 42 | 43 | 43 | 36 | 54 | 57 | 52 | 49 | 53 | 52 |
| Cost of revenue | 16 | 16 | 17 | 18 | 20 | 21 | 22 | 25 | 26 | 25 | 26 | 21 | 31 | 32 | 30 | 29 | 33 | 33 |
| Gross profit | 15 | 16 | 16 | 16 | 19 | 21 | 20 | 21 | 16 | 17 | 18 | 16 | 23 | 25 | 22 | 20 | 19 | 19 |
| Research and development | 3 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 4 | 4 | 3 | 7 | 7 | 7 | 5 | 4 | 4 |
| Selling and marketing | 7 | 7 | 7 | 8 | 8 | 8 | 9 | 10 | 15 | 17 | 15 | 12 | 15 | 18 | 16 | 13 | 10 | 10 |
| General and administrative | 4 | 4 | 4 | 5 | 5 | 6 | 6 | 8 | 9 | 10 | 8 | 7 | 9 | 8 | 9 | 10 | 8 | 7 |
| Operating income | 1 | 1 | 2 | −1 | 3 | 3 | 0 | −3 | −13 | −13 | −9 | −7 | −8 | −8 | −10 | −8 | −3 | −3 |
| Interest expense | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 0 | — |
| Income before tax | 2 | 2 | 2 | −0 | 2 | 1 | 0 | −3 | −13 | −13 | −9 | −6 | −5 | −7 | −9 | −9 | −4 | −3 |
| Income tax | 0 | 0 | 0 | −0 | 0 | −9 | −0 | 9 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 3 | 3 | 3 | 1 | 2 | 10 | 0 | −12 | −13 | −13 | −9 | −6 | −5 | −8 | −10 | −9 | −4 | −4 |
| Diluted EPS | — | $0.30 | $0.26 | $0.16 | $0.22 | $0.97 | $0.05 | −$1.15 | −$1.11 | −$1.05 | −$0.64 | −$0.46 | −$0.34 | −$0.47 | −$0.59 | −$0.54 | −$0.26 | −$0.21 |
| Diluted shares (average) | 10m | 10m | 10m | 9m | 10m | 10m | 10m | 10m | 12m | 12m | 14m | 14m | 15m | 16m | 16m | 16m | 17m | 17m |
| EBITDA | 2 | 1 | 2 | −0 | 3 | 3 | 1 | −2 | −12 | −12 | −8 | −6 | −7 | −7 | −9 | −8 | −2 | −2 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Jan 2026 | 2026 Q1Apr 2026 | 2026 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 13 | 12 | 14 | 12 | 15 | 12 | 13 |
| Cost of revenue | 7 | 7 | 7 | 9 | 8 | 9 | 7 | 8 |
| Gross profit | 4 | 6 | 5 | 5 | 4 | 5 | 5 | 4 |
| Research and development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Selling and marketing | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 |
| General and administrative | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Operating income | −2 | −1 | −0 | −1 | −1 | −0 | −0 | −1 |
| Interest expense | 0 | 0 | — | — | — | — | — | — |
| Income before tax | −2 | −1 | −2 | −1 | −2 | −0 | −0 | −1 |
| Income tax | 0 | −0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −2 | −1 | −2 | −1 | −2 | −0 | −1 | −1 |
| Diluted EPS | −$0.12 | −$0.05 | −$0.10 | −$0.06 | −$0.09 | −$0.01 | −$0.03 | −$0.07 |
| EBITDA | −2 | −0 | −0 | −1 | −1 | 0 | −0 | −1 |
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