VirnetX Holding (VHC) Invested Capital (2009 - 2026)
VirnetX Holding's (VHC) quarterly Invested Capital came in at $18.9 million in Q1 2026, down 48.15% year-on-year from $36.4 million in Q1 2025, and down 16.11% quarter-over-quarter from $22.5 million in Q4 2025.
VirnetX Holding (VHC) Invested Capital (2009 - 2026) Analysis & Trends
VirnetX Holding has disclosed Invested Capital across 18 years of filings, most recently posting $18.9 million for Q1 2026.
- Invested Capital for Q1 2026 came in at $18.9 million, down 48.15% year-over-year; the trailing twelve-month figure through Mar 2026 was $18.9 million (down 48.15% YoY), and the FY2025 annual result was $22.5 million, down 43.28% from the prior year.
- Invested Capital came in at $18.9 million for Q1 2026 at VirnetX Holding, down from $22.5 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $182.7 million in Q1 2022 to a low of $18.9 million in Q1 2026.
- The 5-year median for Invested Capital is $52.2 million (2024), against an average of $75.1 million.
- Across the five-year window, Invested Capital declined 7.17% in 2022 and slumped 64.48% in 2023, its largest moves.
- VirnetX Holding's Invested Capital stood at $152.2 million in 2022, then slumped by 63.21% to $56.0 million in 2023, then slipped by 29.26% to $39.6 million in 2024, then plunged by 43.28% to $22.5 million in 2025, then fell by 16.11% to $18.9 million in 2026.
- The last three Invested Capital figures came in at $18.9 million (Q1 2026), $22.5 million (Q4 2025), and $29.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 423.21 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | - |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 38.50 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 8.45 Bn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 9.39 Bn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 4.43 Bn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 989.70 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 40.59 Bn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 2.82 Bn |
| 10 | VirnetX Holding | 48.93 Mn | 48.93 Mn | - | 18.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.85 Mn |
| Dec 31, 2025 | 22.47 Mn |
| Sep 30, 2025 | 29.29 Mn |
| Jun 30, 2025 | 33.17 Mn |
| Mar 31, 2025 | 36.36 Mn |
| Dec 31, 2024 | 39.62 Mn |
| Sep 30, 2024 | 45.49 Mn |
| Jun 30, 2024 | 48.81 Mn |
| Mar 31, 2024 | 52.18 Mn |
| Dec 31, 2023 | 56.01 Mn |
| Sep 30, 2023 | 62.31 Mn |
| Jun 30, 2023 | 66.43 Mn |
| Mar 31, 2023 | 77.14 Mn |
| Dec 31, 2022 | 152.24 Mn |
| Sep 30, 2022 | 175.41 Mn |
| Jun 30, 2022 | 178.97 Mn |
| Mar 31, 2022 | 182.73 Mn |
| Dec 31, 2021 | 185.45 Mn |
| Sep 30, 2021 | 190.64 Mn |
| Jun 30, 2021 | 192.80 Mn |