$0.76
▲ +0.3% Today
as of Oct 22, 16:49 ET
Last 30 days
Recent Press Releases & News
Iridex Announces the Publication of Two-Year Independent Study Supporting Benefits of MicroPulse® Technology for Early to Advanced Glaucoma
Iridex Completes Relocation of Manufacturing Facility to San Jose, California
IRIDEX (IRIX) Q2 2026 Earnings Call Transcript
IRIX earnings at a glance
The options market is pricing a move of about ±361.9% after the report, a range of roughly -$1.99 to $3.51 from today's $0.76. Over its last 2 reports the stock rose the next day 1 time and fell 1, moving ±3.6% on average; after the most recent report on May 19, 2026 it moved +2.9%. That means options currently expect more movement than IRIX has typically delivered. Implied volatility is currently 31%. The share price of $0.76 sits near its 52-week low.
Overview
52-week range
$0.61
$1.65
14% of range
Avg surprise (last 0)
—
Avg reaction (last 2)
-0.7%
50% positive
Latest IV / EM
3064%
EM ±361.9% · $3 · Oct 16
Earnings trends
EPS — actual vs estimate
Actual Estimate
Revenue vs Net Income
Revenue Net income
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Sat Jul 4, 2026 | Jul 2026 | $-0.07 | — | — | — | — | financials |
| Tue May 19, 2026 | Mar/2026 | $-0.03 | — | — | +70.0% | +2.9% | earnings |
| Tue Nov 11, 2025 | Sep/2025 | $-0.09 | — | — | — | — | earnings |
| Tue Aug 12, 2025 | Jun/2025 | $-0.06 | — | — | — | — | earnings |
| Tue May 13, 2025 | Mar/2025 | $-0.10 | — | — | — | -4.3% | earnings |
| Sat Sep 28, 2024 | Sep 2024 | $-0.12 | — | — | — | — | financials |
| Sat Jun 29, 2024 | Jun 2024 | $-0.16 | — | — | — | — | financials |
| Sat Mar 30, 2024 | Mar 2024 | $-0.21 | — | — | — | — | financials |
| Sat Sep 30, 2023 | Sep 2023 | $-0.11 | — | — | — | — | financials |
| Sat Jul 1, 2023 | Jul 2023 | $-0.17 | — | — | — | — | financials |
| Sat Apr 1, 2023 | Apr 2023 | $-0.13 | — | — | — | — | financials |
Financials
Income statement (quarterly)
| Metric | Jul 2026 | Apr 2026 | Jan 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13M | $12M | — | $12M | $14M | $12M | — | $12M |
| Cost of revenue | $8M | $7M | — | $8M | $9M | $7M | — | $7M |
| Gross profit | $4M | $5M | — | $4M | $5M | $5M | — | $4M |
| Operating income | $-1M | $-324,000 | — | $-1M | $-940,000 | $-205,000 | — | $-2M |
| Net income | $-1M | $-524,000 | — | $-2M | $-994,000 | $-2M | — | $-2M |
| EPS (diluted) | $-0.07 | $-0.03 | — | $-0.09 | $-0.06 | $-0.10 | — | $-0.12 |
Balance sheet (quarterly)
| Metric | Jul 2026 | Apr 2026 | Jan 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $5M | $5M | $6M | $6M | $7M | $7M | $2M | $4M |
| Inventory | $10M | $9M | $8M | $7M | $8M | $10M | $11M | $11M |
| Total current assets | $24M | $25M | $25M | $24M | $27M | $29M | $24M | $24M |
| Total assets | $27M | $28M | $29M | $28M | $32M | $34M | $29M | $30M |
| Long-term debt | — | — | — | — | — | — | — | $1M |
| Total liabilities | $24M | $24M | $24M | $24M | $26M | $27M | $27M | $28M |
| Total equity | $4M | $5M | $5M | $5M | $6M | $852,000 | $2M | $3M |
Implied volatility — last 90 days
Sector peers
IRIX earnings FAQ
What is IRIX's expected move for earnings?
Options currently price a move of about ±361.9%, or $2.75 per share either way from $0.76.
How does IRIX stock usually react to earnings?
Across the last 2 reports the average next-day move was ±3.6%, up 1 times and down 1 times.
What is IRIX's implied volatility?
IRIX's at-the-money implied volatility is about 31% based on the latest options snapshot.