Incannex Healthcare annual operating expenses
2021
2022
2023
2024
2025
Incannex Healthcare Operating Expenses Growth & History (IXHL)
Incannex Healthcare's operating expenses was $23.9M for fiscal 2025.
View full Incannex Healthcare company overviewIncannex Healthcare annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-06-30 | $23.9M | −$6.2M | −20.56% |
| 2024 | 2024-06-30 | $30.1M | −$19.6M | −39.49% |
| 2023 | 2023-06-30 | $49.7M | $34.0M | +216.51% |
| 2022 | 2022-06-30 | $15.7M | $2.3M | +17.58% |
| 2021 | 2021-06-30 | $13.3M | — | — |
Incannex Healthcare quarterly operating expenses
Q2.23
Q3.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-03-31 | $4.0M | −$955,000 | −19.09% |
| Q2 2026 | 2025-12-31 | $7.0M | $2.0M | +39.45% |
| Q1 2026 | 2025-09-30 | $6.8M | $466,000 | +7.36% |
| Q4 2025 | 2025-06-30 | $7.5M | −$2.2M | −22.89% |
| Q3 2025 | 2025-03-31 | $5.0M | −$2.4M | −32.53% |
| Q2 2025 | 2024-12-31 | $5.0M | −$3.0M | −37.17% |
| Q1 2025 | 2024-09-30 | $6.3M | $1.4M | +29.35% |
| Q4 2024 | 2024-06-30 | $9.8M | — | — |
| Q3 2024 | 2024-03-31 | $7.4M | $3.8M | +103.10% |
| Q2 2024 | 2023-12-31 | $8.0M | $4.3M | +119.37% |
| Q1 2024 | 2023-09-30 | $4.9M | — | — |
| Q3 2023 | 2023-03-31 | $3.7M | — | — |
| Q2 2023 | 2022-12-31 | $3.6M | — | — |
Incannex Healthcare operating expenses trends
Between the periods ended 2021-06-30 and 2025-06-30, Incannex Healthcare's operating expenses increased from $13.3M to $23.9M, a change of $10.5M. The latest reported quarter, Q3 2026, shows $4.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Incannex Healthcare source filings ↗