Proton exchange membrane water electrolysis (PEMWE) will contribute substantially towards decarbonization efforts and is expected to make up 40% of the green hydrogen market.1 A primary barrier for PEMWE scale-up is the detrimentally high usage of iridium for the oxygen evolution reaction catalyst. To achieve large-scale PEMWE deployment, loading reductions from 2-3 mgIr cm-2 to 0.10 mgIr cm-2 must occur.2 Such a feat can only be achieved through significant improvements in activity and durability. However, there exists a lack of fundamental understanding in how catalyst properties correlate to performance, thus hindering optimization efforts. The phenomena of catalyst activity/durability are frequently treated with purely empirical approaches, and thus the foundational knowledge needed for improved catalyst design—such as understanding how crystallinity and oxidation states impact performance in a membrane electrode assembly (MEA)—has not been well investigated.3 This work serves to bridge this gap in knowledge by correlating extensive structural characterization data with MEA activity and durability for six commercial IrOx catalysts. Properties such as oxidation states, chemical composition, local atomic/electronic configuration, crystallinity, surface area, and particle size distribution were elucidated for each catalyst in powder and/or MEA form. Following MEA conditioning, catalyst activity was benchmarked via polarization curves and Tafel analysis. Lastly, durability was evaluated by performing a 500h accelerated stress test (adapted from the H2New consortium), with electrochemical characterization conducted every 100h. The presence of amorphous character and the Ir3+ oxidation state was the best determinant of activity. Durability, on the other hand, was associated with greater crystalline character and more redox-stable cyclic voltammogram profiles. Correlations regarding chemical composition, local atomic/electronic configurations, particle size, and surface area will be discussed as well. Smolinka, T.; Wiebe, N.; Sterchele, P.; Palzer, A.; Lehner, F.; Jansen, M.; Kiemel, S.; Miehe, R.; Wahren, S.; Zimmermann, F. Studie IndWEDe: Industrialisierung Der Wasserelektrolyse in Deutschland: Chancen Und Herausforderungen Für Nachhaltigen Wasserstoff Für Verkehr, Strom Und Wärme.; 2018.Clapp, M.; Zalitis, C. M.; Ryan, M. Perspectives on Current and Future Iridium Demand and Iridium Oxide Catalysts for PEM Water Electrolysis. Catal Today 2023, 420 (March), 114140. https://doi.org/10.1016/j.cattod.2023.114140.Lazaridis, T.; Stühmeier, B. M.; Gasteiger, H. A.; El-Sayed, H. A. Capabilities and Limitations of Rotating Disk Electrodes versus Membrane Electrode Assemblies in the Investigation of Electrocatalysts. Nat Catal 2022, 5 (5), 363–373. https://doi.org/10.1038/s41929-022-00776-5.