Incannex Healthcare Inc. Financial Summary

Quick Answer

Incannex Healthcare Inc. reported Total Revenue of $12.0 thousand for fiscal year 2024.

Incannex Healthcare Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $12.0K
Net Income -$46.88M
-154.0%
-$18.46M
+62.2%
-$48.81M
Diluted EPS -$1.35
-17.4%
-$1.15
+65.4%
-$3.32
Total Assets $20.45M
+19.9%
$17.05M
-28.3%
$23.78M
-37.2%
$37.88M
+306.1%
$9.33M
+120.2%
$4.24M
Cash and Equivalents $15.04M
+156.7%
$5.86M
-73.5%
$22.12M
Stockholders Equity $13.39M
+19.4%
$11.22M
-46.1%
$20.82M
-15.7%
$24.71M
R&D Expense $10.75M
-16.6%
$12.88M
+104.1%
$6.31M
+17.4%
$5.37M
+13.1%
$4.75M
+125.0%
$2.11M
Operating Income -$23.79M
+20.8%
-$30.04M
+39.5%
-$49.67M
Shares Outstanding 194.38M
+1001.8%
17.64M
+11.1%
15.87M

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue December 31, 2024 $12.0K -83.8%
Net Income December 31, 2025 -$6.52M -10.6% -1.8%
Diluted EPS December 31, 2025 -$0.02 +93.9% +0.0%
Total Assets December 31, 2025 $75.01M +575.4% -4.7%
Cash and Equivalents December 31, 2025 $68.90M +3184.1% -6.0%
Long-Term Debt December 31, 2024 $2.38M
Stockholders Equity December 31, 2025 $73.41M +7514.7% -4.7%
R&D Expense December 31, 2025 $2.28M +61.2% +103.6%
Operating Income December 31, 2025 -$7.00M -39.8% -3.0%
Shares Outstanding December 31, 2025 359.22M +1919.8% +3.3%
  • Incannex Healthcare Inc. reported Total Revenue of $12.0 thousand for fiscal year 2024.
  • Incannex Healthcare Inc. reported Net Income of -$46.88 million for fiscal year 2025.
  • Incannex Healthcare Inc. showed a decrease of -154.0% in Net Income compared to the prior fiscal year.
  • Incannex Healthcare Inc. reported Diluted EPS of $1.35 per share (loss) for fiscal year 2025.
  • Incannex Healthcare Inc. showed a decrease of -17.4% in Diluted EPS compared to the prior fiscal year.
  • Incannex Healthcare Inc. reported Total Assets of $20.45 million for fiscal year 2025.
  • Incannex Healthcare Inc. showed an increase of +19.9% in Total Assets compared to the prior fiscal year.
  • Incannex Healthcare Inc. reported Cash and Equivalents of $15.04 million for fiscal year 2025.
  • Incannex Healthcare Inc. showed an increase of +156.7% in Cash and Equivalents compared to the prior fiscal year.
  • Incannex Healthcare Inc. reported Stockholders Equity of $13.39 million for fiscal year 2025.
  • Incannex Healthcare Inc. showed an increase of +19.4% in Stockholders Equity compared to the prior fiscal year.
  • Incannex Healthcare Inc. reported R&D Expense of $10.75 million for fiscal year 2025.
  • Incannex Healthcare Inc. showed a decrease of -16.6% in R&D Expense compared to the prior fiscal year.
  • Incannex Healthcare Inc. reported Operating Income of -$23.79 million for fiscal year 2025.
  • Incannex Healthcare Inc. showed an increase of +20.8% in Operating Income compared to the prior fiscal year.
  • Incannex Healthcare Inc. reported Shares Outstanding of 194.38 million shares for fiscal year 2025.
  • Incannex Healthcare Inc. showed an increase of +1001.8% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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