IRIDEX (IRIX) Revenue & Revenue Breakdown


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IRIDEX Revenue Highlights


Latest Revenue (Y)

$51.87M

Latest Revenue (Q)

$12.63M

Main Segment (Y)

Retina

Main Geography (Y)

UNITED STATES

IRIDEX Revenue by Period


IRIDEX Revenue by Year

DateRevenueChange
2023-12-30$51.87M-8.96%
2022-12-31$56.97M5.69%
2022-01-01$53.90M48.30%
2021-01-02$36.35M-16.34%
2019-12-28$43.45M1.99%
2018-12-29$42.60M2.42%
2017-12-30$41.59M-9.89%
2016-12-31$46.16M10.54%
2016-01-02$41.76M-2.47%
2015-01-03$42.81M11.86%
2013-12-28$38.27M13.04%
2012-12-29$33.86M2.11%
2011-12-31$33.16M-24.11%
2011-01-01$43.69M1.12%
2010-01-02$43.21M-10.95%
2009-01-03$48.53M-12.61%
2007-12-29$55.53M54.67%
2006-12-30$35.90M-3.04%
2005-12-31$37.03M12.86%
2005-01-01$32.81M3.50%
2004-01-03$31.70M3.48%
2002-12-28$30.63M12.32%
2001-12-29$27.27M-18.43%
2000-12-30$33.44M24.94%
2000-01-01$26.76M13.40%
1999-01-02$23.60M30.39%
1997-12-31$18.10M45.97%
1996-12-31$12.40M40.91%
1995-12-31$8.80M-

IRIDEX generated $51.87M in revenue during NA 2023, up -8.96% compared to the previous quarter, and up 121.76% compared to the same period a year ago.

IRIDEX Revenue by Quarter

DateRevenueChange
2024-06-29$12.63M7.40%
2024-03-30$11.76M-5.59%
2023-12-30$12.46M-3.05%
2023-09-30$12.85M-0.04%
2023-07-01$12.86M-6.21%
2023-04-01$13.71M-9.80%
2022-12-31$15.20M3.83%
2022-10-01$14.63M6.40%
2022-07-02$13.76M2.75%
2022-04-02$13.39M-12.24%
2022-01-01$15.25M15.00%
2021-10-02$13.26M-1.21%
2021-07-03$13.43M12.27%
2021-04-03$11.96M-2.80%
2021-01-02$12.30M39.77%
2020-09-26$8.80M41.55%
2020-06-27$6.22M-31.06%
2020-03-28$9.02M-23.30%
2019-12-28$11.76M10.30%
2019-09-28$10.66M2.28%
2019-06-29$10.43M-1.60%
2019-03-30$10.60M-7.60%
2018-12-29$11.47M1.30%
2018-09-29$11.32M9.86%
2018-06-30$10.30M8.36%
2018-03-31$9.51M-7.17%
2017-12-30$10.24M-5.72%
2017-09-30$10.87M8.63%
2017-07-01$10.00M-4.59%
2017-04-01$10.48M-16.34%
2016-12-31$12.53M28.00%
2016-10-01$9.79M-17.79%
2016-07-02$11.91M-0.19%
2016-04-02$11.93M-1.50%
2016-01-02$12.11M23.41%
2015-10-03$9.81M8.66%
2015-07-04$9.03M-16.33%
2015-04-04$10.80M-8.34%
2015-01-03$11.78M16.41%
2014-09-27$10.12M-4.45%
2014-06-28$10.59M2.52%
2014-03-29$10.33M-2.54%
2013-12-28$10.60M11.25%
2013-09-28$9.53M3.43%
2013-06-29$9.21M3.03%
2013-03-30$8.94M-3.13%
2012-12-29$9.23M17.09%
2012-09-29$7.88M-6.68%
2012-06-30$8.45M1.69%
2012-03-31$8.30M2232.87%
2011-12-31$356.00K-96.70%
2011-10-01$10.79M-0.05%
2011-07-02$10.80M-3.69%
2011-04-02$11.21M-8.31%
2011-01-01$12.23M13.03%
2010-10-02$10.82M9.38%
2010-07-03$9.89M-8.07%
2010-04-03$10.76M-6.96%
2010-01-02$11.56M11.18%
2009-10-03$10.40M-1.07%
2009-07-04$10.51M-2.08%
2009-04-04$10.74M-11.60%
2009-01-03$12.14M1.32%
2008-09-27$11.99M-7.24%
2008-06-28$12.92M12.62%
2008-03-29$11.47M-18.87%
2007-12-29$14.14M-

IRIDEX generated $12.63M in revenue during Q2 2024, up 7.40% compared to the previous quarter, and up 92.16% compared to the same period a year ago.

IRIDEX Revenue Breakdown


IRIDEX Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Jan 22Jan 21Dec 19
Retina$29.45M$31.66M$31.11M$18.09M$22.88M
Product and Service, Other$8.96M$10.62M---
Cyclo G Six$13.46M$14.69M$13.95M--
Service-$1.51M$1.39M--
Product And Service Other--$8.85M$6.99M$7.50M
G Six---$11.27M$13.07M

IRIDEX's latest annual revenue breakdown by segment (product or service), as of Dec 23: Retina (56.77%), Cyclo G Six (25.95%), and Product and Service, Other (17.28%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Jul 23Apr 23Dec 22Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Product and Service, Other$2.03M$1.86M$2.34M$2.82M$2.90M$2.42M$2.75M------------
Cyclo G Six$2.95M$3.09M$3.66M$3.67M$4.22M$3.46M$3.48M$3.54M$3.86M$3.15M$3.60M$3.35M$2.78M$2.11M-----
Retina$6.77M$7.51M$6.86M$7.21M$8.08M$8.75M$7.53M$7.30M$9.09M$7.78M$7.58M$6.66M$4.43M$2.61M$4.13M$6.24M$5.79M$5.25M$5.60M
Service--$382.00K$383.00K$387.00K$358.00K$402.00K$362.00K$1.08M----------
Product And Service Other-------$2.55M$2.30M$2.34M$2.25M$1.95M$1.60M$1.50M$1.96M$1.87M$1.91M$1.83M$1.89M
G Six--------------$2.92M$3.65M$2.96M$3.35M$3.11M

IRIDEX's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Retina (57.60%), Cyclo G Six (25.11%), and Product and Service, Other (17.29%).

IRIDEX Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Jan 22Jan 21Dec 19
Europe, Middle East and Africa$13.52M$13.80M---
Asia Pacific$10.23M$10.93M$12.23M$7.06M$8.43M
Americas Excluding U S$2.06M$3.06M$2.54M$1.97M$2.86M
UNITED STATES$26.05M$29.18M$25.56M$19.31M$22.27M
Europe--$13.57M$8.01M$9.89M

IRIDEX's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (50.23%), Europe, Middle East and Africa (26.06%), Asia Pacific (19.73%), and Americas Excluding U S (3.98%).

Quarterly Revenue by Country

CountryMar 24Dec 23Jul 23Apr 23Dec 22Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
Asia Pacific$2.44M$3.47M$2.48M$2.14M$1.98M$2.91M$3.19M$2.73M$2.95M$2.83M$3.28M$3.17M$1.02M$1.41M$2.19M$2.39M$1.98M$1.76M$2.30M$1.74M
UNITED STATES$5.32M$6.40M$6.74M$6.77M$8.37M$7.42M$6.85M$6.82M$6.59M$6.51M$5.56M$5.27M$3.17M$4.44M$5.91M$5.83M$5.33M$5.20M$5.94M-
Americas Excluding U S$298.00K-------------------
Europe, Middle East and Africa$3.70M-------------------
Rest Of Americas--$788.00K$612.00K$830.00K$900.00K$560.00K$513.00K$395.00K$804.00K$599.00K$219.00K$403.00K$735.00K$754.00K$618.00K----
EMEA--$2.84M$4.18M$3.48M---------------
Europe------$2.82M$3.27M$4.89M$3.02M$3.24M$2.42M$1.91M$1.42M$1.98M$2.72M$2.11M$2.59M$2.48M$3.06M
U S---------$6.90M----------

IRIDEX's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (45.24%), Europe, Middle East and Africa (31.44%), Asia Pacific (20.78%), and Americas Excluding U S (2.53%).

IRIDEX Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AXGNAxoGen$159.01M$47.91M
SRDXSurmodics$132.58M$30.34M
SIENSientra$90.55M$19.54M
RXSTRxSight$89.08M$45.52M
LUNGPulmonx$68.67M$20.78M
IRIXIRIDEX$51.87M$12.63M
AZYOElutia$49.19M$6.13M
LNSRLENSAR$42.16M$10.59M
SSKNSTRATA Skin Sciences$33.36M$8.44M
TNONTenon Medical$2.93M$719.00K
PETVPetVivo$968.71K$48.27K
TLISTalis Biomedical$412.00K-
AIMDAinos$122.11K-
OFIXOrthofix Medical$100.00K$198.62M
NVNOenVVeno Medical--

IRIX Revenue FAQ


IRIDEX's yearly revenue for 2023 was $51.87M, representing a decrease of -8.96% compared to 2022. The company's yearly revenue for 2022 was $56.97M, representing an increase of 5.69% compared to 2021. IRIX's yearly revenue for 2021 was $53.9M, representing an increase of 48.30% compared to 2020.

IRIDEX's quarterly revenue for Q2 2024 was $12.63M, a 7.40% increase from the previous quarter (Q1 2024), and a -1.74% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $11.76M, a -5.59% decrease from the previous quarter (Q4 2023), and a -14.19% decrease year-over-year (Q1 2023). IRIX's quarterly revenue for Q4 2023 was $12.46M, a -3.05% decrease from the previous quarter (Q3 2023), and a -18.01% decrease year-over-year (Q4 2022).

IRIDEX's revenue growth rate for the last 3 years (2021-2023) was -3.77%, and for the last 5 years (2019-2023) was 19.38%.

IRIDEX's revenue streams in c 23 are Retina, Product and Service, Other, and Cyclo G Six. Retina generated $29.44M in revenue, accounting 56.77% of the company's total revenue, down -6.99% year-over-year. Product and Service, Other generated $8.96M in revenue, accounting 17.28% of the company's total revenue, down -15.61% year-over-year. Cyclo G Six generated $13.46M in revenue, accounting 25.95% of the company's total revenue, down -8.39% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of IRIDEX was Retina. This segment made a revenue of $29.44M, representing 56.77% of the company's total revenue.