VirnetX Holding (VHC) Operating Income (2009 - 2026)
VirnetX Holding (VHC) reported Operating Income of -$4.5 million for Q1 2026, down 11.39% on a YoY basis from -$5.1 million in Q1 2025, and up 33.75% sequentially from -$6.8 million in Q4 2025.
VirnetX Holding (VHC) Operating Income (2009 - 2026) Analysis & Trends
VirnetX Holding (VHC) has 18 years of Operating Income data on file, last reported at -$4.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 11.39% year-over-year to -$4.5 million; the trailing twelve-month figure through Mar 2026 stood at -$19.9 million (down 1.96% YoY), and the FY2025 full-year result was -$19.4 million, up 4.69% from the prior year.
- Operating Income grew to -$4.5 million in Q1 2026, from -$6.8 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$3.9 million in Q2 2025 to a low of -$12.1 million in Q2 2023.
- A 5-year average of -$5.8 million and a median of -$4.9 million in 2024 frame the typical range for Operating Income.
- Across the five-year window, Operating Income soared 86.92% in 2022 and plunged 184.02% in 2023, its largest moves.
- Tracing VHC's Operating Income over 5 years: stood at -$8.1 million in 2022, then grew by 3.39% to -$7.8 million in 2023, then grew by 14.26% to -$6.7 million in 2024, then slipped by 2.04% to -$6.8 million in 2025, then surged by 33.75% to -$4.5 million in 2026.
- Business Quant data shows VHC's Operating Income at -$4.5 million in Q1 2026, -$6.8 million in Q4 2025, and -$4.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 38.40 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 722.41 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 6.13 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 754.00 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 397.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 13.79 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 580.00 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -61.99 Mn |
| 10 | VirnetX Holding | 48.76 Mn | 48.76 Mn | - | -4.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.51 Mn |
| Dec 31, 2025 | -6.81 Mn |
| Sep 30, 2025 | -4.64 Mn |
| Jun 30, 2025 | -3.94 Mn |
| Mar 31, 2025 | -4.05 Mn |
| Dec 31, 2024 | -6.67 Mn |
| Sep 30, 2024 | -4.39 Mn |
| Jun 30, 2024 | -4.42 Mn |
| Mar 31, 2024 | -4.93 Mn |
| Dec 31, 2023 | -7.78 Mn |
| Sep 30, 2023 | -5.64 Mn |
| Jun 30, 2023 | -12.12 Mn |
| Mar 31, 2023 | -5.91 Mn |
| Dec 31, 2022 | -8.05 Mn |
| Sep 30, 2022 | -5.36 Mn |
| Jun 30, 2022 | -4.27 Mn |
| Mar 31, 2022 | -4.40 Mn |
| Dec 31, 2021 | -7.14 Mn |
| Sep 30, 2021 | -4.24 Mn |
| Jun 30, 2021 | -4.14 Mn |