Build an Inve Case for IRIX → Read the full call → US$ mn · quarterly
IRIDEX (IRIX) earnings
IRIDEX earnings: last reported Tue, 18 Aug 2026, for the quarter ended Jul 2026.
IRIDEX earnings callsIRIDEX earnings calls (IRIX)
Latest concall · Q3 2026 · call held call held 18 Aug 2026
IRIDEX Q2 FY26 — Positive Cash Flow and Glaucoma Growth Amidst Retina Headwinds
What went well
- Generated positive cash flow from operations in Q2 FY26, demonstrating improved financial discipline.
- Cyclo-G6 probe volume rose 35% year-over-year to 17,700 units.
- G6 product family revenue increased 19% year-over-year to $3.9 million.
What to watch
- Total revenue declined 7% year-over-year to $12.6 million, driven by lower retina product sales.
- Retina product revenue decreased to $6.5 million from $8.0 million in the prior year period due to temporary headwinds.
Performance −45.2% 1Y
1Y: $1.15 on 29 Sept 2025 → $0.63. High $1.56 (21 Jan 2026), low $0.61 (16 Sept 2026).
Quarterly results
Q3 FY26: revenue down 7.4%, net profit down 27.4% against the same quarter last year.
| Line item | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 13 | 12 | 14 | 12 +8% | 15 +16% | 12 −1% | 13 −7% |
| EBITDA | -2 | -1 | -0 | -1 | -1 +25% | -0 +97% | -0 −58% | -1 −9% |
| Net profit | -2 | -1 | -2 | -1 | -2 +19% | -0 +78% | -1 +69% | -1 −27% |
How to read this
US$ million, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Balance sheet
| Year ending | Jan 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Jan 2026 |
|---|---|---|---|---|---|---|
| Equity capital | $148.0K | $168.0K | $169.0K | $172.0K | $174.0K | $174.0K |
| Reserves | -$56.94M | -$62.17M | -$69.72M | -$79.04M | -$88.01M | -$92.45M |
| Total liabilities | $10.60M | $25.39M | $25.06M | $24.91M | $27.04M | $24.23M |
| Fixed assets | $449.0K | $428.0K | $462.0K | $351.0K | $115.0K | $58.0K |
| Total assets | $27.97M | $48.69M | $42.29M | $34.44M | $29.14M | $29.15M |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Insider filings
54 filings between Oct 1, 2025 and Sep 16, 2026.
Open market
decisions to buy or sellPurchases
$150.9K
44 purchases by 2 insiders
Sales
None
No insider sold shares.
Some filings report no price, so the dollar figures above are a floor, not a total.
Compensation
not trading decisions- 2
- Award — granted as compensation
- 4
- Tax withheld — shares kept back by the company to cover tax
Also filed: 4 other filings.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Dizon Romeo R | $100.6K | — | Sep 16, 2026 |
| MOORE WILLIAM M | $50.4K | — | Dec 16, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 16, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 7,900 | $5.0K |
| Sep 14, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 2,354 | $1.5K |
| Sep 10, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 5,100 | $3.5K |
| Aug 24, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,300 | $973 |
| Aug 24, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 5,368 | $4.0K |
| Jul 10, 2026 | Mercer Patrick President and CEO | Award | 100,000 | $0 |
| Jul 10, 2026 | Dizon Romeo R Chief Financial Officer | Award | 30,000 | $0 |
| Jul 7, 2026 | Novel Inspiration International Co., Ltd. 10% owner | Other | 111,997 | — |
| Jun 13, 2026 | Dizon Romeo R Chief Financial Officer | Tax withheld | 2,691 | $3.0K |
| Jun 13, 2026 | Mercer Patrick President and CEO | Tax withheld | 3,990 | $4.5K |
| Jun 12, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 975 | $1.1K |
| Jun 11, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,675 | $1.9K |
| Jun 8, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 2,400 | $2.7K |
| Jun 5, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 2,521 | $2.9K |
| Jun 3, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 2,400 | $2.8K |
| May 26, 2026 | Mercer Patrick President and CEO | Tax withheld | 19,233 | $19.4K |
| May 26, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 5,004 | $5.0K |
| Apr 1, 2026 | Novel Inspiration International Co., Ltd. 10% owner | Other | 87,949 | — |
| Mar 6, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,110 | $1.4K |
| Feb 17, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,000 | $1.4K |
| Feb 17, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,200 | $1.6K |
| Feb 12, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,500 | $2.1K |
| Feb 10, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,000 | $1.5K |
| Feb 3, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 2,500 | $3.4K |
| Jan 29, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,101 | $1.6K |
| Jan 28, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,300 | $1.9K |
| Jan 27, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 3,385 | $5.0K |
| Jan 26, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,243 | $1.9K |
| Jan 23, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 5,221 | $7.7K |
| Jan 21, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,750 | $2.6K |
| Jan 21, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 409 | $626 |
| Jan 20, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 2,100 | $3.1K |
| Jan 16, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 1,174 | $1.7K |
| Jan 16, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 227 | $313 |
| Jan 16, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 2,093 | $3.0K |
| Jan 16, 2026 | Dizon Romeo R Chief Financial Officer | Purchase | 2 | $3 |
| Jan 2, 2026 | Novel Inspiration International Co., Ltd. 10% owner | Other | 116,540 | — |
| Dec 16, 2025 | MOORE WILLIAM M Director | Purchase | 2,000 | $2.0K |
| Dec 15, 2025 | MOORE WILLIAM M Director | Purchase | 20,000 | — |
| Dec 12, 2025 | MOORE WILLIAM M Director | Purchase | 20,920 | — |
| Dec 12, 2025 | Dizon Romeo R Chief Financial Officer | Purchase | 2,365 | $2.3K |
| Dec 11, 2025 | MOORE WILLIAM M Director | Purchase | 9,080 | — |
| Dec 2, 2025 | Dizon Romeo R Chief Financial Officer | Purchase | 320 | $298 |
| Dec 2, 2025 | Dizon Romeo R Chief Financial Officer | Purchase | 1,264 | $1.2K |
| Nov 20, 2025 | Dizon Romeo R Chief Financial Officer | Purchase | 5,760 | $5.5K |
| Nov 19, 2025 | Dizon Romeo R Chief Financial Officer | Purchase | 1,000 | $960 |
| Nov 18, 2025 | Dizon Romeo R Chief Financial Officer | Purchase | 2,133 | $2.0K |
| Nov 17, 2025 | MOORE WILLIAM M Director | Purchase | 21,843 | $21.1K |
| Nov 17, 2025 | Dizon Romeo R Chief Financial Officer | Purchase | 90 | $86 |
| Nov 17, 2025 | Dizon Romeo R Chief Financial Officer | Purchase | 3,034 | $2.9K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.