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

Incannex Healthcare (IXHL) has reported Operating Expenses for 5 consecutive years, with $4.0 million the latest figure, recorded in Q1 2026.

• Quarterly Operating Expenses fell 19.09% year-over-year to $4.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.4 million (down 2.83% YoY) and the FY2025 annual result came in at $23.9 million, down 20.56% from the prior year.
• Operating Expenses fell to $4.0 million in Q1 2026 per IXHL's latest filing, from $7.0 million in the prior quarter.
• Over the last five years, Operating Expenses for IXHL reached as high as $9.8 million in Q2 2024 and fell as low as $3.6 million in Q4 2022.
• A 5-year average of $5.9 million and a median of $5.7 million in 2024 frame the typical range for Operating Expenses.
• The largest YoY upside for Operating Expenses was 132.62% in 2024 against a maximum downside of 37.17% in 2024.
• Year by year, Operating Expenses stood at $3.6 million in 2022, then soared by 119.37% to $8.0 million in 2023, then plunged by 37.17% to $5.0 million in 2024, then jumped by 39.45% to $7.0 million in 2025, then plunged by 42.13% to $4.0 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $4.0 million, $7.0 million, and $6.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.