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| Date | Value |
|---|---|
| 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 |