VirnetX Holding (VHC) Free Cash Flow (2010 - 2026)
VirnetX Holding's (VHC) quarterly Free Cash Flow came in at -$3.3 million in Q2 2026, down 13.0% year-over-year from -$3.8 million in Q2 2025, and up 22.74% quarter-over-quarter from -$4.3 million in Q1 2026.
Analysis
VirnetX Holding (VHC) Free Cash Flow (2010 - 2026) Analysis & Trends
VirnetX Holding has disclosed Free Cash Flow across 17 years of filings, most recently posting -$3.3 million for Q2 2026.
- In Q2 2026, Free Cash Flow fell 13.0% year-over-year to -$3.3 million; the TTM figure through Jun 2026 stood at -$16.4 million (down 5.6% YoY), while the FY2025 annual figure was -$15.7 million, down 2.03% from the prior year.
- Free Cash Flow came in at -$3.3 million for Q2 2026 at VirnetX Holding, up from -$4.3 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of -$2.5 million in Q3 2022 to a low of -$11.8 million in Q2 2023.
- Average Free Cash Flow over 5 years is -$4.5 million, with a median of -$3.4 million recorded in 2022.
- Year-over-year, Free Cash Flow soared 91.93% in 2022 and tumbled 252.58% in 2023.
- Over 5 years, Free Cash Flow stood at -$7.1 million in 2022, then advanced by 0.07% to -$7.1 million in 2023, then rose by 22.03% to -$5.5 million in 2024, then declined by 5.2% to -$5.8 million in 2025, then jumped by 42.84% to -$3.3 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were -$3.3 million in Q2 2026, -$4.3 million in Q1 2026, and -$5.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 788.00 Mn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 405.86 Mn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 965.60 Mn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | -972,000.00 |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 280.61 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 71.25 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 430.00 Mn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 176.70 Mn |
| 10 | VirnetX Holding | 44.75 Mn | 44.75 Mn | - | -3.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.32 Mn |
| Mar 31, 2026 | -4.30 Mn |
| Dec 31, 2025 | -5.81 Mn |
| Sep 30, 2025 | -3.02 Mn |
| Jun 30, 2025 | -2.94 Mn |
| Mar 31, 2025 | -3.89 Mn |
| Dec 31, 2024 | -5.52 Mn |
| Sep 30, 2024 | -3.22 Mn |
| Jun 30, 2024 | -3.08 Mn |
| Mar 31, 2024 | -3.52 Mn |
| Dec 31, 2023 | -7.08 Mn |
| Sep 30, 2023 | -3.29 Mn |
| Jun 30, 2023 | -11.76 Mn |
| Mar 31, 2023 | -2.71 Mn |
| Dec 31, 2022 | -7.09 Mn |
| Sep 30, 2022 | -2.51 Mn |
| Jun 30, 2022 | -3.33 Mn |
| Mar 31, 2022 | -3.96 Mn |
| Dec 31, 2021 | -3.17 Mn |
| Sep 30, 2021 | -3.03 Mn |