IRIX
IRIDEX (IRIX)
NASDAQ
$1.18$0.00 (0.00%)
Price as of Jun 23, 2026 6:30 PM EDT
  • $20.5M
    Market Cap
  • 23.95%
    1-Year Change
  • Medical Devices
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 23
  • True Yield: N/A
  • Financial Health Score: N/A
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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 AMGlobeNewswire

Iridex Announces the Publication of an Independent Study Demonstrating Safe and Effective Retreatment with Transscleral Laser Treatment Using MicroPulse® Technology in Glaucoma Management

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 AMGlobeNewswire

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 PMThe Motley Fool

Peers

Statistics

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Day Range
$1.17
$1.20
$1.18
1-Year Range
$0.88
$1.56
$1.18
Latest Close$1.18
Change
$0.00 (0.00%)
Volume29,304
Market Cap$20.5M
Shares Outstanding17.4M
P/E (TTM)-6.50
Diluted EPS (TTM)-$0.18
Enterprise Value$19.7M

Information as of 06/23/2026

Company Profile

$20.5M
Market Cap
-$3.1M
Net Income
Sector: Healthcare
Industry: Medical Devices
1212 Terra Bella Avenue, Mountain View, CA, United States, 94043
650 940 4700

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%)