Incannex Healthcare (IXHL) Operating Expenses (2022 - 2026)

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

• In Q1 2026, Operating Expenses fell 19.09% year-over-year to $4.0 million; the TTM figure through Mar 2026 stood at $25.4 million (down 2.83% YoY), while the FY2025 annual figure was $23.9 million, down 20.56% from the prior year.
• Operating Expenses came in at $4.0 million for Q1 2026 at Incannex Healthcare, down from $7.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $9.8 million in Q2 2024 to a low of $3.6 million in Q4 2022.
• Average Operating Expenses over 5 years is $5.9 million, with a median of $5.7 million recorded in 2024.
• The largest YoY upside for Operating Expenses was 132.62% in 2024 against a maximum downside of 37.17% in 2024.
• Over 5 years, Operating Expenses stood at $3.6 million in 2022, then jumped by 119.37% to $8.0 million in 2023, then sank by 37.17% to $5.0 million in 2024, then surged by 39.45% to $7.0 million in 2025, then sank by 42.13% to $4.0 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $4.0 million in Q1 2026, $7.0 million in Q4 2025, and $6.8 million in Q3 2025.