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Incannex Healthcare Inc.

IXHL Health Care Biotechnology: Pharmaceutical Preparations
$2.62
▼ -5.1% Today
as of Oct 23, 12:03 ET
Last 30 days -20.36% Sep 14 → Oct 23
$2.50 $2.85 $3.20 $3.55 $3.90 Sep 14 Sep 22 Sep 30 Oct 07 Oct 15 Oct 23
Open
$2.73
High
$2.75
Low
$2.55
Volume
$120,539
Avg Vol
$366,026
Mkt Cap
$41M
P/E (TTM)
—
Beta
—
52w High
$14.91
52w Low
$2.49
Div Yield
—
Shares Out
$14M

Recent Press Releases & News last 60 days · 3 items

IXHL earnings at a glance

The options market is pricing a move of about ±67.7% after the report, a range of roughly $0.85 to $4.39 from today's $2.62. Over its last 2 reports the stock rose the next day 1 time and fell 1, moving ±31.8% on average; after the most recent report on May 15, 2026 it moved +2.1%. That means options currently expect more movement than IXHL has typically delivered. IXHL beat the consensus EPS estimate in 3 of its last 3 reported quarters. Implied volatility is currently 418%. The share price of $2.62 sits near its 52-week low.

More Health Care stocks · All stocks · Earnings calendar

Overview

52-week range
$2.49
$15
1% of range
Avg surprise (last 3)
+61.5%
Avg reaction (last 2)
-29.8%
50% positive
Latest IV / EM
418%
EM ±67.7% · $3 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.60$-0.44$-0.27$-0.11$0.05 Actual $0.05Actual $-0.22Actual $-0.08Actual $-0.33Actual $-0.38Actual $-0.29Actual $-0.33Actual $-0.24Est $-0.46Actual $-0.02Est $-0.39Actual $-0.02Actual $-0.35Est $-0.60 DecMarSepDecMarSepDecMar/2025Sep/2025DecMar/2026
Revenue vs Net Income Revenue Net income
$-7M$-5M$-3M$-2M$77,700 Sep 24Dec 24Mar 25Sep 25Dec 25Mar 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Fri May 15, 2026Mar/2026 $-0.35 $-0.60 +41.7% -45.8% +2.1% earnings
Wed Dec 31, 2025Dec 2025 $-0.02 — — — — financials
Fri Nov 14, 2025Sep/2025 $-0.02 $-0.39 +94.9% — — earnings
Thu May 15, 2025Mar/2025 $-0.24 $-0.46 +47.8% — -61.6% earnings
Tue Dec 31, 2024Dec 2024 $-0.33 — — — — financials
Mon Sep 30, 2024Sep 2024 $-0.29 — — — — financials
Sun Mar 31, 2024Mar 2024 $-0.38 — — — — financials
Sun Dec 31, 2023Dec 2023 $-0.33 — — — — financials
Sat Sep 30, 2023Sep 2023 $-0.08 — — — — financials
Fri Mar 31, 2023Mar 2023 $-0.22 — — — — financials
Sat Dec 31, 2022Dec 2022 $0.05 — — — — financials

Financials

Income statement (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue—————$12,000$74,000—
Cost of revenue————————
Gross profit————————
Operating income$-4M$-7M$-7M—$-5M$-5M$-6M—
Net income$-4M$-7M$-6M—$-4M$-6M$-5M—
EPS (diluted)$-0.35$-0.02$-0.02—$-6.19$-0.33$-0.29—

Balance sheet (quarterly)

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Cash & equivalents$74M$69M$73M$15M$7M$2M$4M$6M
Inventory————————
Total current assets$80M$75M$78M$20M$16M$11M$15M$16M
Total assets$80M$75M$79M$20M$16M$11M$16M$17M
Long-term debt—————$2M——
Total liabilities$5M$2M$2M$7M$9M$10M$9M$6M
Total equity$75M$73M$77M$13M$7M$964,000$7M$11M

Implied volatility — last 90 days

104%349%593%837%1082% Jun 07 — IV 383% · EM ±53.1%Jun 08 — IV 375% · EM ±49.5%Jun 09 — IV 1082% · EM ±135.6%Jun 10 — IV 376% · EM ±44.4%Jun 11 — IV 569% · EM ±62.8%Jun 12 — IV 450% · EM ±46.1%Jun 15 — IV 659% · EM ±47.7%Jun 16 — IV 801% · EM ±47.3%Jun 19 — IV 496% · EM ±109.6%Jun 22 — IV 486% · EM ±101.4%Jul 22 — IV 581% · EM ±133.0%Jul 23 — IV 593% · EM ±133.4%Aug 03 — IV 696% · EM ±123.3%Aug 04 — IV 693% · EM ±119.3%Sep 02 — IV 650% · EM ±108.6%Sep 03 — IV 105% · EM ±16.9%Sep 23 — IV 695% · EM ±139.3%Sep 24 — IV 713% · EM ±139.7%Sep 30 — IV 194% · EM ±32.4%Oct 01 — IV 418% · EM ±67.7%

Sector peers

IXHL earnings FAQ

What is IXHL's expected move for earnings?

Options currently price a move of about ±67.7%, or $1.77 per share either way from $2.62.

How does IXHL stock usually react to earnings?

Across the last 2 reports the average next-day move was ±31.8%, up 1 times and down 1 times.

What is IXHL's implied volatility?

IXHL's at-the-money implied volatility is about 418% based on the latest options snapshot.

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