VirnetX Holding (VHC) FCF Margin (2017 - 2025)
VirnetX Holding's FCF Margin came in at -10371.43% for Q4 2025, down 5162.81 percentage points from the prior quarter.
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Analysis
VirnetX Holding (VHC) FCF Margin (2017 - 2025) Analysis & Trends
For FY2025, VirnetX Holding's FCF Margin was -9667.28%, up 297312.72 percentage points from FY2024.
- FCF Margin carries a five-year change of -9760.26 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -306980.00% in FY2024 (+47848.57 pp), -354828.57% in FY2023 (-319634.82 pp), -35193.75% in FY2022 (+112614.82 pp) and -147808.57% in FY2021 (-147901.55 pp).
- The Q4 2025 figure represents the lowest quarterly FCF Margin since Q3 2024.
- Year-over-year, FCF Margin increased in three of the last five quarters, with an average year-over-year change of +129174.11 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q2 2025 (a gain of 301879.17 percentage points), and the weakest in Q2 2023 (a drop of 577944.12 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 47.15% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 5.42% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 27.28% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | -0.11% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 28.94% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 47.16% |
| 10 | VirnetX Holding | 43.14 Mn | 43.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -10,371.43% |
| Sep 30, 2025 | -5,208.62% |
| Jun 30, 2025 | -6,120.83% |
| Sep 30, 2024 | -161,050.00% |
| Jun 30, 2024 | -308,000.00% |
| Mar 31, 2024 | -175,800.00% |
| Sep 30, 2023 | -109,700.00% |
| Jun 30, 2023 | -587,750.00% |
| Mar 31, 2023 | -135,550.00% |
| Dec 31, 2022 | -141,720.00% |
| Sep 30, 2022 | -62,775.00% |
| Jun 30, 2022 | -9,805.88% |
| Mar 31, 2022 | -79,240.00% |
| Dec 31, 2021 | -28,809.09% |
| Sep 30, 2021 | -75,850.00% |
| Jun 30, 2021 | -275,293.33% |
| Mar 31, 2021 | -84,500.00% |
| Dec 31, 2020 | -167,068.75% |
| Sep 30, 2020 | -95,450.00% |
| Jun 30, 2020 | -519,016.67% |
API Access
VirnetX Holding FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=VHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "VHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=VHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();