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Incannex Healthcare (IXHL) Operating Expenses (2021 - 2025)

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

  • On a quarterly basis, Operating Expenses rose 39.45% to $7.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $26.3 million, a 7.7% decrease, with the full-year FY2025 number at $23.9 million, down 20.56% from a year prior.
  • Operating Expenses hit $7.0 million in Q4 2025 for Incannex Healthcare, up from $6.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for IXHL hit a ceiling of $9.8 million in Q2 2024 and a floor of $4.9 million in Q3 2023.
  • Historically, Operating Expenses has averaged $6.8 million across 3 years, with a median of $6.9 million in 2025.
  • Biggest five-year swings in Operating Expenses: tumbled 37.17% in 2024 and later soared 39.45% in 2025.
  • Tracing IXHL's Operating Expenses over 3 years: 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.
  • Business Quant data shows Operating Expenses for IXHL at $7.0 million in Q4 2025, $6.8 million in Q3 2025, and $7.5 million in Q2 2025.