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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |