Stocks Health care IXHL
NASDAQ · Health careIncannex Healthcare Inc. (IXHL)
Incannex Healthcare Inc. reported revenue of $0 in fiscal 2026, down 100.0% from a year earlier. It posted a net loss of $19.3M. In fiscal 2026 capital spending exceeded operating cash flow by $12.9M. At June 30, 2026 it held $67.7M in cash. Its latest periodic report to the SEC is the annual report (10-K) filed on September 25, 2026.
Key facts about Incannex Healthcare Inc.
- Net worth
- Incannex Healthcare Inc. has a market value (market cap) of $26.2M at the latest share price, and shareholders' equity of $67.4M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $0 (-100.0% year on year), with a net loss of $19.3M.
- Cash flow
- In fiscal 2026 operations used $12.9M of cash.
- Latest report
- The latest periodic report (annual report, 10-K) was filed with the SEC on September 25, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Incannex Healthcare Inc.'s next report is expected around November 13, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
What Incannex Healthcare Inc. does
Incannex Healthcare Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker IXHL.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $0 | -$19.3M | -$1.66 | -$12.9M |
| 2025 | $86K | -$46.9M | -$40.82 | -$12.5M |
| 2024 | $12K | -$18.5M | -$34.77 | -$16.1M |
| 2023 | n/a | -$48.8M | -$100.39 | -$11.1M |
| 2022 | n/a | -$14.9M | -$96.53 | n/a |
| 2022 | $1.9M | -$11.4M | -$89.58 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Latest SEC filings
What Incannex Healthcare Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 25, 2026Annual report10-K · period to June 30, 2026Incannex Healthcare narrowed its net loss and increased its cash reserves to fund operations for at least twelve months.Diluted EPS -$1.66 versus -$40.82.
- September 9, 2026
- August 25, 2026
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 11, 2026
- July 23, 2026
- June 25, 2026
- June 10, 2026
- June 9, 2026
- May 15, 2026
Insider trades
What the people running Incannex Healthcare Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 14, 2025 | Anastassov GeorgeDirector | Received as pay | 1,686,956 | - |
| November 14, 2025 | Latham JoelCEO and President, Director | Received as pay | 22,608,692 | - |
| November 14, 2025 | Swan JosephCFO, Treasurer and Secretary | Received as pay | 869,565 | - |
| November 14, 2025 | Widdows PeterDirector | Received as pay | 1,686,956 | - |
| November 14, 2025 | Clark RobertDirector | Received as pay | 1,686,956 | - |
| November 14, 2025 | Valentine TroyDirector | Received as pay | 11,302,608 | - |
Who owns IXHL
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Polar Asset Management Partners Inc.13G, passive | 7% | August 14, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 15 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| LPL Financial LLC | 148,178 | +77,000 |
| Millennium Management LLC | 95,252 | new |
| Jane Street Group, LLC | 78,195 | new |
| AdvisorShares Investments LLC | 60,868 | +36,365 |
| Susquehanna International Group, Llp | 28,771 | new |
| Commonwealth Equity Services, LLC | 14,029 | +1,917 |
| Citadel Advisors LLC | 10,349 | new |
| Osaic Holdings, Inc. | 6,376 | 0 |
| UBS Group AG | 3,610 | -36,759 |
| Morgan Stanley | 3,558 | +1,493 |
| Citigroup Inc | 2,814 | new |
| Quent Capital, LLC | 1,928 | 0 |
| Barclays PLC | 750 | 0 |
| Caitong International Asset Management Co., Ltd | 4 | new |
| Larson Financial Group LLC | 1 | -58 |
Insiders
6 insiders reported holding 43,310,829 shares in total, about $94.9M at the last price.
| Holder | Shares |
|---|---|
| Latham JoelCEO and President, Director | 24,186,177 |
| Valentine TroyDirector | 12,001,858 |
| Anastassov GeorgeDirector | 2,456,677 |
| Widdows PeterDirector | 1,957,803 |
| Clark RobertDirector | 1,786,956 |
| Swan JosephCFO, Treasurer and Secretary | 921,358 |
Questions about IXHL
What does Incannex Healthcare Inc. do?
Incannex Healthcare Inc. is a company in the Health care sector, listed on NASDAQ as IXHL. Its shares trade on NASDAQ under the ticker IXHL.
What is Incannex Healthcare Inc.'s net worth?
Incannex Healthcare Inc. has a market value (market cap) of $26.2M at the latest share price, and shareholders' equity of $67.4M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Incannex Healthcare Inc. profitable?
No. In fiscal 2026 it reported a net loss of $19.3M.
How much revenue does Incannex Healthcare Inc. make?
In fiscal 2026 Incannex Healthcare Inc. reported revenue of $0. That is 100.0% less than a year earlier.
When did Incannex Healthcare Inc. last report?
Its most recent periodic report is the annual report (10-K) filed on September 25, 2026. It covers the period to June 30, 2026.
When is Incannex Healthcare Inc.'s next earnings report?
Incannex Healthcare Inc.'s next report is expected around November 13, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Incannex Healthcare Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.