Incannex Healthcare IXHL
NASDAQ IXHL
$3.36 -0.01 (-0.45%)
As of: Sep 9, 2026 · 12:59 PM EDT

Incannex Healthcare (IXHL) EBITDA (2022 - 2026)

Incannex Healthcare's (IXHL) quarterly EBITDA came in at -$4.0 million in Q1 2026, up 19.09% year-over-year from -$3.4 million in Q1 2025, and up 42.13% quarter-over-quarter from -$7.0 million in Q4 2025.

Analysis

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

Incannex Healthcare has disclosed EBITDA across 5 years of filings, most recently posting -$4.0 million for Q1 2026.

  • In Q1 2026, EBITDA rose 19.09% year-over-year to -$4.0 million; the TTM figure through Mar 2026 stood at -$25.4 million (up 2.46% YoY), while the FY2025 annual figure was -$23.8 million, up 20.81% from the prior year.
  • EBITDA came in at -$4.0 million for Q1 2026 at Incannex Healthcare, up from -$7.0 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of -$3.6 million in Q4 2022 to a low of -$9.7 million in Q2 2024.
  • Average EBITDA over 5 years is -$5.9 million, with a median of -$5.6 million recorded in 2024.
  • The largest YoY upside for EBITDA was 37.32% in 2024 against a maximum downside of 132.33% in 2024.
  • Over 5 years, EBITDA stood at -$3.6 million in 2022, then sank by 119.37% to -$8.0 million in 2023, then surged by 37.32% to -$5.0 million in 2024, then tumbled by 39.79% to -$7.0 million in 2025, then surged by 42.13% to -$4.0 million in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were -$4.0 million in Q1 2026, -$7.0 million in Q4 2025, and -$6.8 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Johnson & Johnson 645.04 Bn 624.28 Bn 17.26 Bn 7.14 Bn
2 AbbVie 440.25 Bn 433.68 Bn 12.70 Bn 6.43 Bn
3 Merck 365.65 Bn 358.51 Bn 12.21 Bn -584.00 Mn
4 Novartis Ag 266.64 Bn 258.95 Bn 11.24 Bn 4.75 Bn
5 Pfizer 159.03 Bn 147.33 Bn 10.94 Bn 4.27 Bn
6 Sanofi 52.43 Bn 45.05 Bn 10.79 Bn 1.22 Bn
7 Revolution Medicines 44.19 Bn 44.19 Bn - -505.13 Mn
8 Incyte 25.29 Bn 20.75 Bn 1.57 Bn 697.90 Mn
9 United Therapeutics 21.44 Bn 18.77 Bn 683.80 Mn 330.80 Mn
10 Incannex Healthcare 41.43 Mn 41.43 Mn - -4.05 Mn
Historic Data

Historic Data

Download Data
DateValue
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