VirnetX Holding (VHC) Gross Profit (2010 - 2023)
VirnetX Holding's (VHC) quarterly Gross Profit came in at $3000.0 in Q3 2023, down 25.0% year-over-year from $4000.0 in Q3 2022, and up 50.0% quarter-over-quarter from $2000.0 in Q2 2023.
Analysis
VirnetX Holding (VHC) Gross Profit (2010 - 2023) Analysis & Trends
VirnetX Holding has disclosed Gross Profit across 11 years of filings, most recently posting $3000.0 for Q3 2023.
- In Q3 2023, Gross Profit fell 25.0% year-over-year to $3000.0; the TTM figure through Dec 2023 stood at $7000.0 (down 84.09% YoY), while the FY2023 annual figure was $7000.0, down 84.09% from the prior year.
- Gross Profit came in at $3000.0 for Q3 2023 at VirnetX Holding, up from $2000.0 in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $212.5 million in Q1 2020 to a low of -$9.4 million in Q1 2021.
- Average Gross Profit over 5 years is $10.7 million, with a median of $8000.0 recorded in 2019.
- Year-over-year, Gross Profit jumped 2655837.5% in 2020 and slumped 104.44% in 2021.
- Over 5 years, Gross Profit stood at $35000.0 in 2019, then slumped by 54.29% to $16000.0 in 2020, then surged by 2187.5% to $366000.0 in 2021, then sank by 98.63% to $5000.0 in 2022, then tumbled by 40.0% to $3000.0 in 2023.
- Per Business Quant data, the three most recent Gross Profit figures were $3000.0 in Q3 2023, $2000.0 in Q2 2023, and $2000.0 in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn |
| 10 | VirnetX Holding | 44.75 Mn | 44.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 3,000.00 |
| Jun 30, 2023 | 2,000.00 |
| Mar 31, 2023 | 2,000.00 |
| Dec 31, 2022 | 5,000.00 |
| Sep 30, 2022 | 4,000.00 |
| Jun 30, 2022 | 34,000.00 |
| Mar 31, 2022 | 1,000.00 |
| Dec 31, 2021 | 366,000.00 |
| Sep 30, 2021 | 4,000.00 |
| Jun 30, 2021 | 15,000.00 |
| Mar 31, 2021 | -9.43 Mn |
| Dec 31, 2020 | 16,000.00 |
| Sep 30, 2020 | 26,000.00 |
| Jun 30, 2020 | 18,000.00 |
| Mar 31, 2020 | 212.48 Mn |
| Dec 31, 2019 | 35,000.00 |
| Sep 30, 2019 | 4,000.00 |
| Jun 30, 2019 | 38,000.00 |
| Mar 31, 2019 | 8,000.00 |
| Dec 31, 2017 | 401,000.00 |