VirnetX Holding (VHC) Operating Margin (2017 - 2025)
VirnetX Holding's Operating Margin was -12151.79% in Q4 2025, down 4144.89 percentage points from the prior quarter.
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Analysis
VirnetX Holding (VHC) Operating Margin (2017 - 2025) Analysis & Trends
For FY2025, Operating Margin at VirnetX Holding came in at -12000.00%, up 395940.00 percentage points from FY2024.
- Operating Margin shows a five-year change of -12052.17 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was -407940.00% in FY2024 (+41274.29 pp), -449214.29% in FY2023 (-403222.62 pp), -45991.67% in FY2022 (+94505.48 pp) and -140497.14% in FY2021 (-140549.32 pp).
- The Q4 2025 figure marks the lowest quarterly Operating Margin since Q3 2024.
- Compared with a year earlier, Operating Margin was higher in four of the last five quarters, with an average year-over-year change of +165391.95 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q1 2022 (a gain of 584980.00 percentage points); the worst was Q1 2021 (a drop of 673100.54 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 5.04% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | -2.26% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 33.66% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -17.00% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 0.49% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 5.17% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 13.29% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 9.66% |
| 10 | VirnetX Holding | 43.14 Mn | 43.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -12,151.79% |
| Sep 30, 2025 | -8,006.90% |
| Jun 30, 2025 | -8,216.67% |
| Sep 30, 2024 | -219,350.00% |
| Jun 30, 2024 | -441,500.00% |
| Mar 31, 2024 | -246,300.00% |
| Sep 30, 2023 | -187,833.33% |
| Jun 30, 2023 | -605,950.00% |
| Mar 31, 2023 | -295,700.00% |
| Dec 31, 2022 | -161,020.00% |
| Sep 30, 2022 | -133,875.00% |
| Jun 30, 2022 | -12,550.00% |
| Mar 31, 2022 | -88,060.00% |
| Dec 31, 2021 | -64,945.45% |
| Sep 30, 2021 | -105,900.00% |
| Jun 30, 2021 | -27,613.33% |
| Mar 31, 2021 | -673,040.00% |
| Dec 31, 2020 | -59,250.00% |
| Sep 30, 2020 | -20,519.23% |
| Jun 30, 2020 | -58,255.56% |
API Access
VirnetX Holding Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=VHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "VHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=VHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();