Incannex Healthcare (IXHL) EBITDA (2022 - 2026)

Incannex Healthcare's (IXHL) quarterly EBITDA came in at -$4.4 million in Q1 2026, down 7.27% year-on-year from -$4.7 million in Q1 2025, and up 36.09% quarter-over-quarter from -$6.8 million in Q4 2025.

Incannex Healthcare (IXHL) EBITDA (2022 - 2026) Analysis & Trends

Incannex Healthcare has disclosed EBITDA across 5 years of filings, most recently posting -$4.4 million for Q1 2026.

  • EBITDA for Q1 2026 came in at -$4.4 million, down 7.27% year-over-year; the trailing twelve-month figure through Mar 2026 was -$48.6 million (down 125.38% YoY), and the FY2025 annual result was -$46.7 million, down 151.82% from the prior year.
  • EBITDA came in at -$4.4 million for Q1 2026 at Incannex Healthcare, up from -$6.8 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $766000.0 in Q4 2022 to a low of -$31.3 million in Q2 2025.
  • The 5-year median for EBITDA is -$4.7 million (2024), against an average of -$6.4 million.
  • Across the five-year window, EBITDA plunged 663.19% in 2023 and surged 40.8% in 2025, its largest moves.
  • Incannex Healthcare's EBITDA stood at $766000.0 in 2022, then slumped by 663.19% to -$4.3 million in 2023, then plunged by 46.22% to -$6.3 million in 2024, then decreased by 7.93% to -$6.8 million in 2025, then soared by 36.09% to -$4.4 million in 2026.
  • The last three EBITDA figures came in at -$4.4 million (Q1 2026), -$6.8 million (Q4 2025), and -$6.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 652.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 833.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 325.80 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -681,231.97
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 185.20 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 307.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -67.29 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -98.81 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 81.33 Mn
10 Incannex Healthcare 45.81 Mn 45.81 Mn - -4.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.35 Mn
Dec 31, 2025 -6.81 Mn
Sep 30, 2025 -6.20 Mn
Jun 30, 2025 -31.28 Mn
Mar 31, 2025 -4.06 Mn
Dec 31, 2024 -6.31 Mn
Sep 30, 2024 -5.08 Mn
Jun 30, 2024 -6.14 Mn
Mar 31, 2024 -6.85 Mn
Dec 31, 2023 -4.31 Mn
Sep 30, 2023 -1.24 Mn
Jun 30, 2023 -4.19 Mn
Mar 31, 2023 -3.77 Mn
Dec 31, 2022 766,000.00