IRIDEXIRIX +1.28%66 FCF Margin % is -12.17% as of Mar. 2026. GuruFocus rates IRIX with a GF Score™ of 66/100 and a GF Value™ of $1.70 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 815 Medical Devices & Instruments companies, IRIDEX ranks worse than 59.26% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. IRIDEX's Free Cash Flow for the
three
months ended in Mar. 2026 was $-1.44 Mil. IRIDEX's Revenue for the
three
months ended in Mar. 2026 was $11.80 Mil. Therefore, IRIDEX's FCF Margin % for the quarter that ended in Mar. 2026 was -12.17%.
The historical rank and industry rank for IRIDEX's FCF Margin % or its related term are showing as below:
IRIX'
s FCF Margin % Range Over the Past 10 Years
Min: -24.57 Med: -11.58 Max: 14.85
Current: -4.82
During the past 13 years, the highest FCF Margin % of IRIDEX was 14.85%. The lowest was -24.57%. And the median was -11.58%.
IRIX's FCF Margin % is ranked worse than 59.26% of 815
companies
in the Medical Devices & Instruments industry
Industry Median: -0.1
vs IRIX: -4.82
IRIDEX FCF Margin % Related Terms
IRIDEX FCF Margin % Historical Data
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The historical data trend for IRIDEX's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Medical Devices subindustry, IRIDEX's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IRIDEX FCF Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, IRIDEX's FCF Margin % distribution charts can be found below:
* The bar in red indicates where IRIDEX's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IRIDEX (IRIX) has a FCF Margin % of -12.17% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on IRIDEX and its competitors. According to the industry distribution chart, IRIDEX ranks #483 out of 815 companies in the Medical Devices & Instruments industry, placing it in the top 59.3%.
Is IRIDEX's FCF Margin % too high?
IRIDEX's current FCF Margin % is -12.17%. Based on the distribution chart, IRIDEX ranks #483 out of 815 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, IRIDEX has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IRIDEX's FCF Margin % compare to ICCM and ADGM?
According to the Medical Devices & Instruments industry distribution chart, IRIDEX ranks #483 out of 815 companies for FCF Margin %. This places IRIDEX in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Medical Devices & Instruments company?
A good FCF Margin % depends on the Medical Devices & Instruments industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on IRIDEX and its competitors. IRIDEX's current FCF Margin % is -12.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRIDEX stock overvalued right now?
Based on GuruFocus' analysis, IRIDEX (IRIX) is currently considered Possible Value Trap. The stock's GF Value™ is $1.70, compared to a current price of $1.19 — trading 30% below its estimated fair value. The current FCF Margin % is -12.17%. IRIDEX's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For IRIDEX (IRIX), the current FCF Margin % is -12.17% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IRIDEX (IRIX) Overvalued in 2026?
Based on GuruFocus' analysis, IRIDEX stock appears to be undervalued.
The current stock price of $1.19 is trading 30% below its estimated GF Value™ of $1.70.
GuruFocus considers IRIDEX to be Possible Value Trap.
Key valuation signals for IRIX:
FCF Margin %: -12.17%
GF Value™: $1.70 vs. price of $1.19 (30% below fair value)
No single metric tells the full story. See the IRIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRIDEX Corp is an ophthalmic medical technology company focused on the development and commercialization of breakthrough products and procedures used to treat sight-threatening eye conditions, including glaucoma and retinal diseases. Its products include Lasers, Laser delivery devices, Glaucoma devices, Retinal surgical instruments, and Veterinary and ENT products. The firm also powers its products with its proprietary Micropulse technology. The company operates in only one reportable segment, Ophthalmology. It derives revenues from the sale of consoles, delivery devices, consumables, services, and support activities. The geographical segments of the company include the United States, which drives maximum revenue, Europe, and the Americas, excluding the U.S. and Asia/Pacific Rim.
66GF Score
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