IRIDEX (IRIX) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

IRIDEX Revenue Highlights

Latest Revenue (Y)

$51.87M

Latest Revenue (Q)

$11.58M

Main Segment (Y)

Retina

Main Geography (Y)

UNITED STATES

IRIDEX Revenue by Period

IRIDEX Revenue by Year

Date	Revenue	Change
2023-12-30	$51.87M	-8.96%
2022-12-31	$56.97M	5.69%
2022-01-01	$53.90M	48.30%
2021-01-02	$36.35M	-16.34%
2019-12-28	$43.45M	1.99%
2018-12-29	$42.60M	2.42%
2017-12-30	$41.59M	-9.89%
2016-12-31	$46.16M	10.54%
2016-01-02	$41.76M	-2.47%
2015-01-03	$42.81M	11.86%
2013-12-28	$38.27M	13.04%
2012-12-29	$33.86M	2.11%
2011-12-31	$33.16M	-24.11%
2011-01-01	$43.69M	1.12%
2010-01-02	$43.21M	-10.95%
2009-01-03	$48.53M	-12.61%
2007-12-29	$55.53M	54.67%
2006-12-30	$35.90M	-3.04%
2005-12-31	$37.03M	12.86%
2005-01-01	$32.81M	3.50%
2004-01-03	$31.70M	3.48%
2002-12-28	$30.63M	12.32%
2001-12-29	$27.27M	-18.43%
2000-12-30	$33.44M	24.94%
2000-01-01	$26.76M	13.40%
1999-01-02	$23.60M	30.39%
1997-12-31	$18.10M	45.97%
1996-12-31	$12.40M	40.91%
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

Date	Revenue	Change
2024-09-28	$11.58M	-8.31%
2024-06-29	$12.63M	7.40%
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	$15.20M	3.83%
2022-10-01	$14.63M	6.40%
2022-07-02	$13.76M	2.75%
2022-04-02	$13.39M	-12.24%
2022-01-01	$15.25M	15.00%
2021-10-02	$13.26M	-1.21%
2021-07-03	$13.43M	12.27%
2021-04-03	$11.96M	-2.80%
2021-01-02	$12.30M	39.77%
2020-09-26	$8.80M	41.55%
2020-06-27	$6.22M	-31.06%
2020-03-28	$9.02M	-23.30%
2019-12-28	$11.76M	10.30%
2019-09-28	$10.66M	2.28%
2019-06-29	$10.43M	-1.60%
2019-03-30	$10.60M	-7.60%
2018-12-29	$11.47M	1.30%
2018-09-29	$11.32M	9.86%
2018-06-30	$10.30M	8.36%
2018-03-31	$9.51M	-7.17%
2017-12-30	$10.24M	-5.72%
2017-09-30	$10.87M	8.63%
2017-07-01	$10.00M	-4.59%
2017-04-01	$10.48M	-16.34%
2016-12-31	$12.53M	28.00%
2016-10-01	$9.79M	-17.79%
2016-07-02	$11.91M	-0.19%
2016-04-02	$11.93M	-1.50%
2016-01-02	$12.11M	23.41%
2015-10-03	$9.81M	8.66%
2015-07-04	$9.03M	-16.33%
2015-04-04	$10.80M	-8.34%
2015-01-03	$11.78M	16.41%
2014-09-27	$10.12M	-4.45%
2014-06-28	$10.59M	2.52%
2014-03-29	$10.33M	-2.54%
2013-12-28	$10.60M	11.25%
2013-09-28	$9.53M	3.43%
2013-06-29	$9.21M	3.03%
2013-03-30	$8.94M	-3.13%
2012-12-29	$9.23M	17.09%
2012-09-29	$7.88M	-6.68%
2012-06-30	$8.45M	1.69%
2012-03-31	$8.30M	2232.87%
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	$12.23M	13.03%
2010-10-02	$10.82M	9.38%
2010-07-03	$9.89M	-8.07%
2010-04-03	$10.76M	-6.96%
2010-01-02	$11.56M	11.18%
2009-10-03	$10.40M	-1.07%
2009-07-04	$10.51M	-2.08%
2009-04-04	$10.74M	-11.60%
2009-01-03	$12.14M	1.32%
2008-09-27	$11.99M	-7.24%
2008-06-28	$12.92M	12.62%
2008-03-29	$11.47M	-18.87%
2007-12-29	$14.14M	-

IRIDEX generated $11.58M in revenue during Q3 2024, up -8.31% compared to the previous quarter, and up 90.09% compared to the same period a year ago.

IRIDEX Revenue Breakdown

IRIDEX Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Jan 22	Jan 21	Dec 19
Cyclo G Six	$13.46M	$14.69M	$13.95M	-	-
Retina	$29.45M	$31.66M	$31.11M	$18.09M	$22.88M
Product and Service, Other	$8.96M	$10.62M	-	-	-
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/Service	Sep 24	Mar 24	Dec 23	Jul 23	Apr 23	Dec 22	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Retina	$6.45M	$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
Cyclo G Six	$3.13M	$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	-	-	-	-	-
Product and Service, Other	$2.00M	$2.03M	$1.86M	$2.34M	$2.82M	$2.90M	$2.42M	$2.75M	-	-	-	-	-	-	-	-	-	-	-	-
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 Sep 24: Retina (55.69%), Cyclo G Six (27.00%), and Product and Service, Other (17.30%).

IRIDEX Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Jan 22	Jan 21	Dec 19
UNITED STATES	$26.05M	$29.18M	$25.56M	$19.31M	$22.27M
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
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

Country	Sep 24	Mar 24	Dec 23	Jul 23	Apr 23	Dec 22	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Asia Pacific	$2.71M	$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
UNITED STATES	$5.46M	$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	-
Europe, Middle East and Africa	$2.80M	$3.70M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Americas Excluding U S	$607.00K	$298.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
U S	-	-	-	-	-	-	-	-	-	-	$6.90M	-	-	-	-	-	-	-	-	-

IRIDEX's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (47.18%), Europe, Middle East and Africa (24.19%), Asia Pacific (23.38%), and Americas Excluding U S (5.24%).

IRIDEX Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AXGN	AxoGen	$159.01M	$48.64M
SRDX	Surmodics	$126.08M	$30.34M
RXST	RxSight	$89.08M	$45.41M
LUNG	Pulmonx	$68.67M	$20.39M
IRIX	IRIDEX	$51.87M	$11.58M
LNSR	LENSAR	$42.16M	$13.54M
SSKN	STRATA Skin Sciences	$33.36M	$8.44M
TNON	Tenon Medical	$2.93M	$887.00K
AIMD	Ainos	$122.11K	-
OFIX	Orthofix Medical	$100.00K	$198.62M
NVNO	enVVeno Medical	-	-

IRIX Revenue FAQ

What is IRIDEX’s yearly revenue?

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.

What is IRIDEX’s quarterly revenue?

IRIDEX's quarterly revenue for Q3 2024 was $11.58M, a -8.31% decrease from the previous quarter (Q2 2024), and a -9.88% decrease year-over-year (Q3 2023). The company'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). IRIX'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).

What is IRIDEX’s revenue growth rate?

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%.

What are IRIDEX’s revenue streams?

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

What is IRIDEX’s main source of revenue?

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.