Filing Flows › Iridex (IRIX) › Q2 2026 › vs Q1 2026
Iridex (IRIX) Q2 2026 vs Q1 2026 (quarter over quarter)
Iridex's revenue rose $767K (+7%) from $11.8M in Q1 2026 to $12.6M in Q2 2026. The biggest changes: Retina +$658K (+11%); Cyclo G Six +$277K (+8%); Product and Service Other −$168K (-7%).
Iridex, Q2 2026: revenue $12.6M (-7% year over year), operating margin -8.2%, net loss $1.3M, operating cash flow $174K. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 1.0% | -12.2% | +13.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Retina | $6.5M | $5.8M | $658K | +11% |
| Cyclo G Six | $3.9M | $3.6M | $277K | +8% |
| Product and Service Other | $2.2M | $2.3M | −$168K | -7% |
| Revenue | $12.6M | $11.8M | $767K | +7% |
| Net loss | $1.3M | $524K | $742K | +142% |
| Costs & expenses | $13.8M | $12.3M | $1.5M | +12% |
| Operating costs | $13.6M | $12.1M | $1.5M | +12% |
| Interest & other, net | $167K | $142K | $25K | +18% |
| Income tax | $70K | $58K | $12K | +21% |
| Cost of revenue | $8.3M | $7.1M | $1.2M | +17% |
| Research & development | $936K | $905K | $31K | +3% |
| Sales & marketing | $2.5M | $2.5M | $10K | +0.4% |
| General & admin | $1.8M | $1.6M | $219K | +13% |
| Operating cash sources | $1.4M | −$811K | $2.3M | — |
| Depreciation & amortization | $86K | $100K | −$14K | -14% |
| Share-based compensation | $212K | $211K | $1K | +0.5% |
| Working capital & other | $1.1M | −$1.1M | $2.3M | — |
| Net loss absorbed | $1.3M | $524K | $742K | +142% |
| Operating cash flow | $174K | −$1.3M | $1.5M | — |
| Free cash flow (OCF − capex) | $124K | −$1.4M | $1.6M | — |
| Capital expenditures | $50K | $101K | −$51K | -50% |
Questions
How much did Iridex's revenue grow quarter over quarter in Q2 2026?
Iridex's revenue rose $767K (+7%) from $11.8M in Q1 2026 to $12.6M in Q2 2026.
What drove Iridex's revenue change in Q2 2026?
Retina +$658K (+11%); Cyclo G Six +$277K (+8%); Product and Service Other −$168K (-7%).