VirnetX Holding (VHC) EBITDA (2009 - 2026)
VirnetX Holding's (VHC) quarterly EBITDA came in at -$4.7 million in Q2 2026, down 17.95% year-over-year from -$5.7 million in Q2 2025, and down 3.19% quarter-over-quarter from -$4.5 million in Q1 2026.
Analysis
VirnetX Holding (VHC) EBITDA (2009 - 2026) Analysis & Trends
VirnetX Holding has disclosed EBITDA across 18 years of filings, most recently posting -$4.7 million for Q2 2026.
- In Q2 2026, EBITDA fell 17.95% year-over-year to -$4.7 million; the TTM figure through Jun 2026 stood at -$20.6 million (down 8.2% YoY), while the FY2025 annual figure was -$19.4 million, up 4.69% from the prior year.
- EBITDA came in at -$4.7 million for Q2 2026 at VirnetX Holding, down from -$4.5 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$3.9 million in Q2 2025 to a low of -$12.1 million in Q2 2023.
- Average EBITDA over 5 years is -$5.7 million, with a median of -$4.8 million recorded in 2024.
- Year-over-year, EBITDA jumped 86.92% in 2022 and sank 184.02% in 2023.
- Over 5 years, EBITDA stood at -$8.1 million in 2022, then increased by 3.39% to -$7.8 million in 2023, then increased by 14.26% to -$6.7 million in 2024, then dropped by 2.04% to -$6.8 million in 2025, then jumped by 31.64% to -$4.7 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were -$4.7 million in Q2 2026, -$4.5 million in Q1 2026, and -$6.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | -183.00 Mn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | -33.23 Mn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 689.30 Mn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 46.78 Mn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 213.27 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | -71.90 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 443.00 Mn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 185.10 Mn |
| 10 | VirnetX Holding | 44.75 Mn | 44.75 Mn | - | -4.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.65 Mn |
| Mar 31, 2026 | -4.51 Mn |
| Dec 31, 2025 | -6.81 Mn |
| Sep 30, 2025 | -4.64 Mn |
| Jun 30, 2025 | -3.94 Mn |
| Mar 31, 2025 | -4.05 Mn |
| Dec 31, 2024 | -6.67 Mn |
| Sep 30, 2024 | -4.39 Mn |
| Jun 30, 2024 | -4.42 Mn |
| Mar 31, 2024 | -4.93 Mn |
| Dec 31, 2023 | -7.78 Mn |
| Sep 30, 2023 | -5.64 Mn |
| Jun 30, 2023 | -12.12 Mn |
| Mar 31, 2023 | -5.91 Mn |
| Dec 31, 2022 | -8.05 Mn |
| Sep 30, 2022 | -5.36 Mn |
| Jun 30, 2022 | -4.27 Mn |
| Mar 31, 2022 | -4.40 Mn |
| Dec 31, 2021 | -7.14 Mn |
| Sep 30, 2021 | -4.24 Mn |