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Incannex Healthcare (IXHL) Operating Expenses (2023 - 2025)

Incannex Healthcare's Operating Expenses history spans 3 years, with the latest figure at $7.0 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 39.45% year-over-year to $7.0 million; the TTM value through Dec 2025 reached $26.3 million, down 7.7%, while the annual FY2025 figure was $23.9 million, 20.56% down from the prior year.
  • Operating Expenses for Q4 2025 was $7.0 million at Incannex Healthcare, up from $6.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $9.8 million in Q2 2024 and bottomed at $4.9 million in Q3 2023.
  • The 3-year median for Operating Expenses is $6.9 million (2025), against an average of $6.8 million.
  • The largest annual shift saw Operating Expenses plummeted 37.17% in 2024 before it surged 39.45% in 2025.
  • A 3-year view of Operating Expenses shows it stood at $8.0 million in 2023, then tumbled by 37.17% to $5.0 million in 2024, then soared by 39.45% to $7.0 million in 2025.
  • Per Business Quant, the three most recent readings for IXHL's Operating Expenses are $7.0 million (Q4 2025), $6.8 million (Q3 2025), and $7.5 million (Q2 2025).