VirnetX Holding (VHC) Operating Income (2009 - 2026)

VirnetX Holding's (VHC) quarterly Operating Income came in at -$4.5 million in Q1 2026, down 11.39% year-on-year from -$5.1 million in Q1 2025, and down 151.16% quarter-over-quarter from $8.8 million in Q4 2025.

VirnetX Holding (VHC) Operating Income (2009 - 2026) Analysis & Trends

VirnetX Holding has disclosed Operating Income across 18 years of filings, most recently posting -$4.5 million for Q1 2026.

  • Operating Income for Q1 2026 came in at -$4.5 million, down 11.39% year-over-year; the trailing twelve-month figure through Mar 2026 was -$4.3 million (up 78.05% YoY), and the FY2025 annual result was -$3.8 million, up 81.26% from the prior year.
  • Operating Income came in at -$4.5 million for Q1 2026 at VirnetX Holding, down from $8.8 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $8.8 million in Q4 2025 to a low of -$12.1 million in Q2 2023.
  • The 5-year median for Operating Income is -$4.6 million (2025), against an average of -$4.8 million.
  • Across the five-year window, Operating Income slumped 184.02% in 2023 and soared 232.13% in 2025, its largest moves.
  • VirnetX Holding's Operating Income stood at -$8.1 million in 2022, then increased by 3.39% to -$7.8 million in 2023, then increased by 14.26% to -$6.7 million in 2024, then jumped by 232.13% to $8.8 million in 2025, then slumped by 151.16% to -$4.5 million in 2026.
  • The last three Operating Income figures came in at -$4.5 million (Q1 2026), $8.8 million (Q4 2025), and -$4.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 38.40 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 809,000.00
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 5.46 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 754.00 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 397.00 Mn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 13.79 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 580.00 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 203.05 Mn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -61.99 Mn
10 VirnetX Holding 50.68 Mn 50.68 Mn - -4.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.51 Mn
Dec 31, 2025 8.81 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