Incannex Healthcare (IXHL) Operating Income (2022 - 2026)
Incannex Healthcare (IXHL) posted quarterly Operating Income of -$4.0 million for Q1 2026, up 19.09% year-on-year from -$3.4 million in Q1 2025, and up 42.13% on a QoQ basis from -$7.0 million in Q4 2025.
Incannex Healthcare (IXHL) Operating Income (2022 - 2026) Analysis & Trends
Incannex Healthcare (IXHL) has reported Operating Income for 5 consecutive years, with -$4.0 million the latest figure, recorded in Q1 2026.
- Quarterly Operating Income rose 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 (up 2.46% YoY) and the FY2025 annual result came in at -$23.8 million, up 20.81% from the prior year.
- Operating Income climbed 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 Income for IXHL reached as high as -$3.6 million in Q4 2022 and fell as low as -$9.7 million in Q2 2024.
- A 5-year average of -$5.9 million and a median of -$5.6 million in 2024 frame the typical range for Operating Income.
- The largest YoY upside for Operating Income was 37.32% in 2024 against a maximum downside of 132.33% in 2024.
- Year by year, Operating Income stood at -$3.6 million in 2022, then plunged by 119.37% to -$8.0 million in 2023, then jumped by 37.32% to -$5.0 million in 2024, then slumped by 39.79% to -$7.0 million in 2025, then jumped by 42.13% to -$4.0 million in 2026.
- According to Business Quant data, Operating Income 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 652.00 Mn |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 833.00 Mn |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | -2.65 Bn |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 325.80 Mn |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | -79.70 Mn |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 193.40 Mn |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 291.00 Mn |
| 10 | Incannex Healthcare | 3.63 Mn | 3.63 Mn | - | -4.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.05 Mn |
| Dec 31, 2025 | -7.00 Mn |
| Sep 30, 2025 | -6.79 Mn |
| Jun 30, 2025 | -7.53 Mn |
| Mar 31, 2025 | -5.00 Mn |
| Dec 31, 2024 | -5.00 Mn |
| Sep 30, 2024 | -6.25 Mn |
| Jun 30, 2024 | -9.74 Mn |
| Mar 31, 2024 | -7.42 Mn |
| Dec 31, 2023 | -7.98 Mn |
| Sep 30, 2023 | -4.89 Mn |
| Jun 30, 2023 | -4.19 Mn |
| Mar 31, 2023 | -3.65 Mn |
| Dec 31, 2022 | -3.64 Mn |