13F Pro Quality Score

25.0/100

Rank #2,679 of 2,962 stocks

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

29.0/100

Profitability

29.5/100

Balance Sheet

15.4/100

Earnings Quality

34.5/100

Free Cash Flow

21.3/100

Institutional Flow

9.0/100

Revenue Scale

9.0/100

Dilution Risk

46.8/100
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IRIX Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for IRIDEX CORP (IRIX), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores IRIX at 25.0/100 on a 32-signal composite quality model, placing it at rank #2,679 of 2,962 stocks — the bottom half of the AI-ranked universe. Areas of concern include institutional flow (9.0) and revenue scale (9.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 46.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), IRIDEX CORP reports quarterly revenue of $12.6M, net income of $-1.3M, an operating margin of -8.2%. Top institutional holders of IRIX by reported 13-F value include VANGUARD CAPITAL MANAGEMENT, RENAISSANCE TECHNOLOGIES, MORGAN STANLEY, based on the most recent SEC filings. IRIX trades on the Nasdaq exchange and files with the SEC under CIK 1006045. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate IRIX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for IRIDEX CORP directly from SEC EDGAR. IRIDEX CORP's 13F Pro composite quality score has ranged between 15 and 39 since 2021, currently 25.0 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

Fun facts about IRIDEX CORP

Quirks, history, and lore behind IRIX — the kind of stuff that makes a stock memorable.

  • 1
    The Basics
    A small-cap U.S. medical device company listed on Nasdaq and headquartered in California's Bay Area.
  • 2
    The Numbers
    Annual revenue in the range of roughly $50 million — a niche player, not a giant — serving a very focused slice of the ophthalmology market.
  • 3
    The History
    Founded in the 1980s, the company built its reputation around laser-based treatments at a time when zapping things with lasers in medicine still sounded like science fiction.
  • 4
    The Secret
    Its core technology uses low-power laser energy to treat retinal conditions without the scarring associated with traditional photocoagulation — gentler by design.
  • 5
    The Lore
    Its flagship platform targets conditions like diabetic retinopathy and glaucoma, two of the leading causes of blindness worldwide — small company, big-stakes diseases.
  • 6
    The Giveaway
    The ticker spells out IRIdium — fitting for a company whose whole identity is shooting precise laser beams into human eyes to save people's sight.
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Revenue

Q2 2026

$12.6M

Net Income

Q2 2026

$-1.3M

Free Cash Flow

Q2 2026

$124.0K

Operating Margin

Q2 2026

-8.2%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+8.2% YoY
$52.7MFY 2025
FY22 $57.0MFY23 $51.9MFY24 $48.7MFY25 $52.7M

Net Income

+50.2% YoY
$-4.4MFY 2025
FY22 $-7.5MFY23 $-9.6MFY24 $-8.9MFY25 $-4.4M

Operating Income

+69.0% YoY
$-2.6MFY 2025
FY22 $-7.5MFY23 $-10.0MFY24 $-8.3MFY25 $-2.6M

EPS (Diluted)

+51.9% YoY
$-0.26FY 2025
FY22 $-0.47FY23 $-0.59FY24 $-0.54FY25 $-0.26

Total Assets

+0.1% YoY
$29.2MFY 2025
FY22 $42.3MFY23 $34.4MFY24 $29.1MFY25 $29.2M

Total Debt

FY 2025
FY22 FY23 FY24 $2.7MFY25

Op. Cash Flow

+71.0% YoY
$-2.1MFY 2025
FY22 $-9.5MFY23 $-6.7MFY24 $-7.3MFY25 $-2.1M

Free Cash Flow

+69.1% YoY
$-2.3MFY 2025
FY22 $-9.8MFY23 $-6.9MFY24 $-7.3MFY25 $-2.3M

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Available Research

13F Pro tracks comprehensive data for IRIDEX CORP including:

SEC EDGAR filings (10-K, 10-Q, 8-K)
XBRL financial facts (revenue, EPS, margins)
Insider transactions (Form 4)
Institutional 13F holdings
Quality rankings (32 signals)
AI analyst debates & daily meetings
Historical financial trends
Peer comparison & sector analysis

Top Institutional Holders of IRIX

Companies Similar to IRIX

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

ARAY

ACCURAY INC

26
AI score
Very similar · 2 shared holders
ANGO

ANGIODYNAMICS INC

30
AI score
Similar quality profile · 1 shared holders
TMCI

TREACE MEDICAL CONCEPTS, INC.

20
AI score
Similar quality profile · 1 shared holders
STKL

SunOpta Inc.

54
AI score
Shared smart-money ownership · 1 shared holders
ACNT

ASCENT INDUSTRIES CO.

17
AI score
Similar quality profile · 1 shared holders
BDSX

BIODESIX INC

32
AI score
Similar quality profile · 2 shared holders
XGN

EXAGEN INC.

29
AI score
Similar quality profile · 1 shared holders
TELA

TELA Bio, Inc.

23
AI score
Similar quality profile · 1 shared holders

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

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Is IRIX a good stock to buy?

13F Pro's AI-powered analysis of IRIDEX CORP (IRIX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for IRIX are available on the IRIX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. IRIX is classified as a small company.

Which hedge funds own IRIX?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling IRIX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of IRIDEX CORP's investment landscape.