Incannex Healthcare (IXHL) Net Income (2022 - 2026)

Incannex Healthcare (IXHL) posted quarterly Net Income of -$3.9 million for Q1 2026, up 2.14% year-on-year from -$3.8 million in Q1 2025, and up 40.45% on a QoQ basis from -$6.5 million in Q4 2025.

Incannex Healthcare (IXHL) Net Income (2022 - 2026) Analysis & Trends

Incannex Healthcare (IXHL) has reported Net Income for 5 consecutive years, with -$3.9 million the latest figure, recorded in Q1 2026.

  • Quarterly Net Income rose 2.14% year-over-year to -$3.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$48.4 million (down 122.97% YoY) and the FY2025 annual result came in at -$46.9 million, down 154.0% from the prior year.
  • Net Income rose to -$3.9 million in Q1 2026 per IXHL's latest filing, from -$6.5 million in the prior quarter.
  • Over the last five years, Net Income for IXHL reached as high as -$726000.0 in Q3 2023 and fell as low as -$31.6 million in Q2 2025.
  • A 5-year average of -$6.6 million and a median of -$5.3 million in 2023 frame the typical range for Net Income.
  • Annual changes were most pronounced in 2024 — Net Income slumped 646.56% — and 2025, when it soared 34.21%.
  • Year by year, Net Income stood at -$2.9 million in 2022, then tumbled by 79.61% to -$5.2 million in 2023, then declined by 12.46% to -$5.9 million in 2024, then retreated by 10.64% to -$6.5 million in 2025, then surged by 40.45% to -$3.9 million in 2026.
  • According to Business Quant data, Net Income over the past three periods registered -$3.9 million, -$6.5 million, and -$6.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 370.00 Mn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 601.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -3.58 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 274.90 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 176.40 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 197.90 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 57.00 Mn
10 Incannex Healthcare 3.63 Mn 3.63 Mn - -3.88 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.88 Mn
Dec 31, 2025 -6.52 Mn
Sep 30, 2025 -6.41 Mn
Jun 30, 2025 -31.60 Mn
Mar 31, 2025 -3.97 Mn
Dec 31, 2024 -5.89 Mn
Sep 30, 2024 -5.42 Mn
Jun 30, 2024 -6.43 Mn
Mar 31, 2024 -6.03 Mn
Dec 31, 2023 -5.24 Mn
Sep 30, 2023 -726,000.00
Jun 30, 2023 -4.17 Mn
Mar 31, 2023 -3.57 Mn
Dec 31, 2022 -2.92 Mn