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

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

VirnetX Holding's (VHC) quarterly Gross Margin came in at 100.0% in Q3 2023, little changed year-over-year from 100.0% in Q3 2022, and little changed quarter-over-quarter from 100.0% in Q2 2023.

Analysis

VirnetX Holding (VHC) Gross Margin (2010 - 2023) Analysis & Trends

VirnetX Holding has disclosed Gross Margin across 11 years of filings, most recently posting 100.0% for Q3 2023.

  • In Q3 2023, Gross Margin changed 0.0% year-over-year to 100.0%; the TTM figure through Dec 2023 stood at 100.0% (up 833.0% YoY), while the FY2023 annual figure was 100.0%, up 833.0% from the prior year.
  • Gross Margin came in at 100.0% for Q3 2023 at VirnetX Holding, roughly flat 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.
  • Average Gross Margin over 5 years is 9670.66%, with a median of 100.0% recorded in 2019.
  • Year-over-year, Gross Margin slumped 18873022 bps in 2021 and jumped 18868000 bps in 2022.
  • Over 5 years, Gross Margin stood at 100.0% in 2019, then changed by 0 bps to 100.0% in 2020, then surged by 3227 bps to 3327.27% in 2021, then slumped by 97 bps to 100.0% in 2022, then changed by 0 bps to 100.0% in 2023.
  • Per Business Quant data, the three most recent Gross Margin figures were 100.0% in Q3 2023, 100.0% in Q2 2023, and 100.0% in Q1 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Palo Alto Networks 269.46 Bn 266.34 Bn 2.03 Bn 67.55%
2 CrowdStrike Holdings 213.75 Bn 208.74 Bn 1.10 Bn 74.57%
3 Fortinet 115.33 Bn 111.27 Bn 1.64 Bn 80.24%
4 Axon Enterprise 40.70 Bn 40.03 Bn 546.45 Mn 60.42%
5 Zscaler 25.94 Bn 22.46 Bn - -
6 F5 22.10 Bn 20.50 Bn 711.51 Mn 82.25%
7 Rubrik 18.86 Bn 17.11 Bn 335.12 Mn 78.44%
8 Gen Digital 17.83 Bn 17.27 Bn 1.03 Bn 77.02%
9 Check Point Software Technologies 14.27 Bn 11.99 Bn 574.10 Mn 85.23%
10 VirnetX Holding 44.75 Mn 44.75 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2023 100.00%
Jun 30, 2023 100.00%
Mar 31, 2023 100.00%
Dec 31, 2022 100.00%
Sep 30, 2022 100.00%
Jun 30, 2022 100.00%
Mar 31, 2022 20.00%
Dec 31, 2021 3,327.27%
Sep 30, 2021 100.00%
Jun 30, 2021 100.00%
Mar 31, 2021 -188,660.00%
Dec 31, 2020 100.00%
Sep 30, 2020 100.00%
Jun 30, 2020 100.00%
Mar 31, 2020 70.22%
Dec 31, 2019 100.00%
Sep 30, 2019 100.00%
Jun 30, 2019 100.00%
Mar 31, 2019 100.00%
Dec 31, 2017 100.00%