VirnetX Holding (VHC) Gross Profit (2010 - 2023)
VirnetX Holding (VHC) posted Gross Profit of $3000.0 for Q3 2023, up 50.0% sequentially from $2000.0 in Q2 2023, and down 25.0% YoY from $4000.0 in Q3 2022.
VirnetX Holding (VHC) Gross Profit (2010 - 2023) Analysis & Trends
VirnetX Holding has reported Gross Profit for 11 years, with the latest figure at $3000.0 in Q3 2023.
- Quarterly Gross Profit fell 25.0% year-over-year to $3000.0 in Q3 2023, while the trailing twelve-month figure through Dec 2023 was $7000.0 (down 84.09% YoY) and the FY2023 annual result came in at $7000.0, down 84.09% from the prior year.
- Gross Profit grew to $3000.0 in Q3 2023 per VHC's latest filing, from $2000.0 in the prior quarter.
- Over five years, Gross Profit peaked at $212.5 million in Q1 2020 and troughed at -$9.4 million in Q1 2021.
- A 5-year average of $10.7 million and a median of $8000.0 in 2019 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2020 and 2021: Gross Profit surged 2655837.5% in 2020, then tumbled 104.44% in 2021.
- Over 5 years, Gross Profit stood at $35000.0 in 2019, then plunged by 54.29% to $16000.0 in 2020, then jumped by 2187.5% to $366000.0 in 2021, then tumbled by 98.63% to $5000.0 in 2022, then sank by 40.0% to $3000.0 in 2023.
- According to Business Quant data, Gross Profit over the past three periods registered $3000.0, $2000.0, and $2000.0 for Q3 2023, Q2 2023, and Q1 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | VirnetX Holding | 54.13 Mn | 54.13 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 3,000.00 |
| Sep 30, 2023 | 3,000.00 |
| Jun 30, 2023 | 2,000.00 |
| Jun 30, 2023 | 2,000.00 |
| Mar 31, 2023 | 2,000.00 |
| Mar 31, 2023 | 2,000.00 |
| Dec 31, 2022 | 5,000.00 |
| Dec 31, 2022 | 5,000.00 |
| Sep 30, 2022 | 4,000.00 |
| Sep 30, 2022 | 4,000.00 |
| Jun 30, 2022 | 34,000.00 |
| Jun 30, 2022 | 34,000.00 |
| Mar 31, 2022 | 1,000.00 |
| Mar 31, 2022 | 1,000.00 |
| Dec 31, 2021 | 366,000.00 |
| Dec 31, 2021 | 366,000.00 |
| Sep 30, 2021 | 4,000.00 |
| Sep 30, 2021 | 4,000.00 |
| Jun 30, 2021 | 15,000.00 |
| Jun 30, 2021 | 15,000.00 |