VirnetX Holding (VHC) EBITDA (2009 - 2026)

VirnetX Holding (VHC) reported EBITDA of -$4.5 million for Q1 2026, down 11.39% on a YoY basis from -$5.1 million in Q1 2025, and up 33.75% sequentially from -$6.8 million in Q4 2025.

VirnetX Holding (VHC) EBITDA (2009 - 2026) Analysis & Trends

VirnetX Holding (VHC) has 18 years of EBITDA data on file, last reported at -$4.5 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 11.39% year-over-year to -$4.5 million; the trailing twelve-month figure through Mar 2026 stood at -$19.9 million (down 1.96% YoY), and the FY2025 full-year result was -$19.4 million, up 4.69% from the prior year.
  • EBITDA grew to -$4.5 million in Q1 2026, from -$6.8 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.
  • A 5-year average of -$5.8 million and a median of -$4.9 million in 2024 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA soared 86.92% in 2022 and plunged 184.02% in 2023, its largest moves.
  • Tracing VHC's EBITDA over 5 years: stood at -$8.1 million in 2022, then grew by 3.39% to -$7.8 million in 2023, then grew by 14.26% to -$6.7 million in 2024, then slipped by 2.04% to -$6.8 million in 2025, then surged by 33.75% to -$4.5 million in 2026.
  • Business Quant data shows VHC's EBITDA at -$4.5 million in Q1 2026, -$6.8 million in Q4 2025, and -$4.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 38.40 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 722.41 Mn
3 Oracle 344.13 Bn 312.24 Bn - 6.13 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 754.00 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 397.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 13.79 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 580.00 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -61.99 Mn
10 VirnetX Holding 48.76 Mn 48.76 Mn - -4.51 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -4.14 Mn