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- $20.5MMarket Cap
- 23.95%1-Year Change
- Medical DevicesIndustry
IRIDEX (IRIX)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 23
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Iridex Announces Plans to Relocate Headquarters
Iridex Corporation announced its intent to relocate its headquarters from Mountain View, California to San Jose, California. The company signed a non-binding letter of intent for a 31,000 square feet location on January 26, 2026, expecting to generate approximately $0.4 million in savings for fiscal year 2026 and $0.6 million in annualized savings thereafter. The relocation is part of the company's ongoing cost reduction strategy while maintaining operations and talent attraction in the Bay Area.
02/02/2026, 7:00 AM • GlobeNewswire
An independent study demonstrated that retreatment with MicroPulse® transscleral laser technology can safely reduce intraocular pressure in glaucoma patients, with IOP reductions ranging from 25% to 35% across different patient groups.
12/11/2025, 7:00 AM • GlobeNewswire
Iridex Reports 7 Percent Q2 Revenue Gain
Medical device company Iridex reported Q2 2025 results with modest revenue growth, narrower net loss, and positive adjusted EBITDA, driven by cost control and operational discipline.
08/12/2025, 10:33 PM • The Motley Fool
Peers
Statistics
MoreInformation as of 06/23/2026
Company Profile
IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company also provides delivery devices, including slit lamp adapter, which allows the physician to utilize a standard slit lamp in diagnosis and treatment procedures; TxCell scanning laser delivery system that allows the physician to perform multi-spot pattern scanning; and laser indirect ophthalmoscope for use in procedures to treat peripheral retinal disorders. In addition, it offers MicroPulse P3 Probe, which is used with its Cylco G6 laser system to perform transscleral laser therapy; G-Probe and G-Probe Illuminate, which are used in procedures to treat uncontrolled and refractory glaucoma; and EndoProbe family of products that are used for endophotocoagulation. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, veterinary practices, and office clinics through direct and independent sales force in the United States, as well as through independent distributors internationally. It operates in the United States, Europe, the Middle East, Africa, the Asia/Pacific region, and the Americas. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California.
Key Executives
- Patrick Mercer
- Bassem BouHabib
- Romeo R. Dizon
- Scott A. Shuda
- Leigh Salvo
Current Ownership Distribution
- Institutions61.6M (65.57%)
- Mutual Funds16.9M (17.93%)
- Insiders15.5M (16.50%)
- Other0 (0.00%)