Company / R&D Expense
IRIDEX CORP R&D Expense History
FY2015-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$5.4M
FY2026
5-year range
$3.3M / $7.2M
FY2022-FY2026
Trend
-20.2%
vs FY2025
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 10 years, ranging from $3M in FY2021 to $7M in FY2023.
Based on SEC 10-K filings.
$5M in FY2026 with a 10-year CAGR of +1.6%.
Declined from $7M to $5M over the past 3 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -8.8%
- 5-Year CAGR
- +10.7%
- 10-Year CAGR
- +1.6%
Key checks
Key Insights
- 5-year CAGR of +10.7%, indicating consistent growth.
- In FY2026, r&d expense decreased 20.2% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 1.11 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | $5.4M | -20.2% |
| FY2024 | $6.8M | -4.8% |
| FY2023 | $7.2M | +4.5% |
| FY2022 | $6.9M | +109.3% |
| FY2021 | $3.3M | -18.1% |
| FY2019 | $4.0M | -23.1% |
| FY2018 | $5.2M | -0.1% |
| FY2017 | $5.2M | +12.6% |
| FY2016 | $4.6M | +25.7% |
| FY2015 | $3.7M | -16.0% |
As of FY2026 · SEC 10-K · Updated Jun 24, 2026