Incannex Healthcare (IXHL) EBITDA (2022 - 2026)
Incannex Healthcare (IXHL) posted EBITDA of -$4.0 million for Q1 2026, up 42.13% sequentially from -$7.0 million in Q4 2025, and up 19.09% YoY from -$3.4 million in Q1 2025.
Incannex Healthcare (IXHL) EBITDA (2022 - 2026) Analysis & Trends
Incannex Healthcare has reported EBITDA for 5 years, with the latest figure at -$4.0 million in Q1 2026.
- Quarterly EBITDA rose 19.09% year-over-year to -$4.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$25.4 million (up 2.46% YoY) and the FY2025 annual result came in at -$23.8 million, up 20.81% from the prior year.
- EBITDA rose to -$4.0 million in Q1 2026 per IXHL's latest filing, from -$7.0 million in the prior quarter.
- Over five years, EBITDA peaked at -$3.6 million in Q4 2022 and troughed at -$9.7 million in Q2 2024.
- A 5-year average of -$5.9 million and a median of -$5.6 million in 2024 frame the typical range for EBITDA.
- The widest YoY moves for EBITDA: up 37.32% in 2024, down 132.33% in 2024.
- Over 5 years, EBITDA stood at -$3.6 million in 2022, then tumbled by 119.37% to -$8.0 million in 2023, then jumped by 37.32% to -$5.0 million in 2024, then sank by 39.79% to -$7.0 million in 2025, then jumped by 42.13% to -$4.0 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$4.0 million, -$7.0 million, and -$6.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 44.07 Bn | 43.10 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.42 Bn | 39.76 Bn | 2.15 Bn | -231.00 Mn |
| 3 | Zoetis | 31.86 Bn | 30.18 Bn | 1.05 Bn | 837.00 Mn |
| 4 | Takeda Pharmaceutical | 28.77 Bn | 22.98 Bn | 5.10 Bn | 1.26 Bn |
| 5 | United Therapeutics | 22.29 Bn | 19.63 Bn | 683.80 Mn | 330.80 Mn |
| 6 | Viatris | 18.78 Bn | 17.89 Bn | 1.46 Bn | 6.30 Mn |
| 7 | Neurocrine Biosciences | 15.66 Bn | 15.27 Bn | 935.80 Mn | 151.50 Mn |
| 8 | Elanco Animal Health | 11.91 Bn | 11.38 Bn | 798.00 Mn | 248.00 Mn |
| 9 | Dr Reddys Laboratories | 10.16 Bn | 10.00 Bn | - | - |
| 10 | Incannex Healthcare | 41.37 Mn | 41.37 Mn | - | -4.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.05 Mn |
| Dec 31, 2025 | -7.00 Mn |
| Sep 30, 2025 | -6.79 Mn |
| Jun 30, 2025 | -7.53 Mn |
| Mar 31, 2025 | -5.00 Mn |
| Dec 31, 2024 | -5.00 Mn |
| Sep 30, 2024 | -6.25 Mn |
| Jun 30, 2024 | -9.74 Mn |
| Mar 31, 2024 | -7.42 Mn |
| Dec 31, 2023 | -7.98 Mn |
| Sep 30, 2023 | -4.89 Mn |
| Jun 30, 2023 | -4.19 Mn |
| Mar 31, 2023 | -3.65 Mn |
| Dec 31, 2022 | -3.64 Mn |