VirnetX Holding (VHC) Gross Margin (2010 - 2023)

VirnetX Holding (VHC) has 11 years of Gross Margin data on file, last reported at 100.0% in Q3 2023.

• For the quarter ending Q3 2023, Gross Margin changed 0.0% year-over-year to 100.0%; the trailing twelve-month figure through Dec 2023 stood at 100.0% (up 833.0% YoY), and the FY2023 full-year result was 100.0%, up 833.0% from the prior year.
• Gross Margin was little changed at 100.0% in Q3 2023, from 100.0% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 3327.27% in Q4 2021 to a low of 188660.0% in Q1 2021.
• A 5-year average of 9670.66% and a median of 100.0% in 2019 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin sank 18873022 bps in 2021 and soared 18868000 bps in 2022, its largest moves.
• Tracing VHC's Gross Margin over 5 years: stood at 100.0% in 2019, then changed by 0 bps to 100.0% in 2020, then jumped by 3227 bps to 3327.27% in 2021, then sank by 97 bps to 100.0% in 2022, then changed by 0 bps to 100.0% in 2023.
• Business Quant data shows VHC's Gross Margin at 100.0% in Q3 2023, 100.0% in Q2 2023, and 100.0% in Q1 2023.