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.

• Operating Expenses for Q1 2026 came in at $4.0 million, down 19.09% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.4 million (down 2.83% YoY), and the FY2025 annual result 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.
• The 5-year median for Operating Expenses is $5.7 million (2024), against an average of $5.9 million.
• Peak annual rise in Operating Expenses reached 132.62% in 2024, while the deepest fall reached 37.17% in 2024.
• Incannex Healthcare's Operating Expenses stood at $3.6 million in 2022, then jumped by 119.37% to $8.0 million in 2023, then tumbled by 37.17% to $5.0 million in 2024, then surged by 39.45% to $7.0 million in 2025, then tumbled by 42.13% to $4.0 million in 2026.
• The last three Operating Expenses figures came in at $4.0 million (Q1 2026), $7.0 million (Q4 2025), and $6.8 million (Q3 2025), per Business Quant data.