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| Date | Value |
|---|---|
| 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 |