VirnetX Holding (VHC) Free Cash Flow (2010 - 2026)

VirnetX Holding's (VHC) quarterly Free Cash Flow came in at -$4.3 million in Q1 2026, down 10.35% year-on-year from -$4.8 million in Q1 2025, and up 26.02% quarter-over-quarter from -$5.8 million in Q4 2025.

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 -$4.3 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at -$4.3 million, down 10.35% year-over-year; the trailing twelve-month figure through Mar 2026 was -$16.1 million (down 2.21% YoY), and the FY2025 annual result was -$15.7 million, down 2.03% from the prior year.
  • Free Cash Flow came in at -$4.3 million for Q1 2026 at VirnetX Holding, up from -$5.8 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.
  • The 5-year median for Free Cash Flow is -$3.5 million (2024), against an average of -$4.5 million.
  • Across the five-year window, Free Cash Flow surged 91.93% in 2022 and plunged 252.58% in 2023, its largest moves.
  • VirnetX Holding's 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 climbed by 26.02% to -$4.3 million in 2026.
  • The last three Free Cash Flow figures came in at -$4.3 million (Q1 2026), -$5.8 million (Q4 2025), and -$3.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 15.80 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn -
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 9.49 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 891.76 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 384.00 Mn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 395.40 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 1.02 Bn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 821.51 Mn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 93.10 Mn
10 VirnetX Holding 50.68 Mn 50.68 Mn - -4.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.30 Mn
Mar 31, 2026 -4.30 Mn
Dec 31, 2025 -5.81 Mn
Dec 31, 2025 -5.81 Mn
Sep 30, 2025 -3.02 Mn
Sep 30, 2025 -3.02 Mn
Jun 30, 2025 -2.94 Mn
Jun 30, 2025 -2.94 Mn
Mar 31, 2025 -3.89 Mn
Mar 31, 2025 -3.89 Mn
Dec 31, 2024 -5.52 Mn
Dec 31, 2024 -5.52 Mn
Sep 30, 2024 -3.22 Mn
Sep 30, 2024 -3.22 Mn
Jun 30, 2024 -3.08 Mn
Jun 30, 2024 -3.08 Mn
Mar 31, 2024 -3.52 Mn
Mar 31, 2024 -3.52 Mn
Dec 31, 2023 -7.08 Mn
Dec 31, 2023 -7.08 Mn