VirnetX Holding VHC
NASDAQ VHC
$11.80 +0.15 (+1.29%)
At close: Sep 8, 2026 · 4:00 PM EDT

VirnetX Holding (VHC) EV to EBITDA (2009 - 2026)

VirnetX Holding's (VHC) quarterly EV to EBITDA came in at 8.53 in Q2 2026, down 122.4% year-over-year from 38.07 in Q2 2025, and up 8.12% quarter-over-quarter from 9.28 in Q1 2026.

Analysis

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

VirnetX Holding has disclosed EV to EBITDA across 18 years of filings, most recently posting 8.53 for Q2 2026.

  • In Q2 2026, EV to EBITDA fell 122.4% year-over-year to 8.53; the TTM figure through Jun 2026 stood at 1.92 (down 142.44% YoY), while the FY2025 annual figure was 2.5, down 1160.4% from the prior year.
  • EV to EBITDA came in at 8.53 for Q2 2026 at VirnetX Holding, up from 9.28 in the prior quarter.
  • In the past five years, EV to EBITDA ranged from a high of 18.3 in Q2 2022 to a low of 10.47 in Q3 2025.
  • Average EV to EBITDA over 5 years is 2.81, with a median of 3.8 recorded in 2023.
  • Year-over-year, EV to EBITDA soared 429.53% in 2022 and plunged 1416.56% in 2026.
  • Over 5 years, EV to EBITDA stood at 7.35 in 2022, then tumbled by 50.64% to 3.63 in 2023, then tumbled by 80.12% to 0.72 in 2024, then tumbled by 1090.45% to 7.14 in 2025, then fell by 19.39% to 8.53 in 2026.
  • Per Business Quant data, the three most recent EV to EBITDA figures were 8.53 in Q2 2026, 9.28 in Q1 2026, and 7.14 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Palo Alto Networks 269.46 Bn 266.34 Bn 2.03 Bn
2 CrowdStrike Holdings 213.75 Bn 208.74 Bn 1.10 Bn
3 Fortinet 115.33 Bn 111.27 Bn 1.64 Bn
4 Axon Enterprise 40.70 Bn 40.03 Bn 546.45 Mn
5 Zscaler 25.94 Bn 22.46 Bn -
6 F5 22.10 Bn 20.50 Bn 711.51 Mn
7 Rubrik 18.86 Bn 17.11 Bn 335.12 Mn
8 Gen Digital 17.83 Bn 17.27 Bn 1.03 Bn
9 Check Point Software Technologies 14.27 Bn 11.99 Bn 574.10 Mn
10 VirnetX Holding 44.75 Mn 44.75 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -8.53
Mar 31, 2026 -9.28
Dec 31, 2025 -7.14
Sep 30, 2025 -10.47
Jun 30, 2025 -3.83
Mar 31, 2025 0.70
Dec 31, 2024 0.72
Sep 30, 2024 3.98
Jun 30, 2024 4.87
Mar 31, 2024 5.42
Dec 31, 2023 3.63
Sep 30, 2023 7.57
Jun 30, 2023 2.72
Mar 31, 2023 9.44
Dec 31, 2022 7.35
Sep 30, 2022 14.09
Jun 30, 2022 18.30
Mar 31, 2022 11.13
Dec 31, 2021 -2.23
Sep 30, 2021 -25.20