VirnetX Holding (VHC) Research & Development (2010 - 2026)
VirnetX Holding (VHC) reported Research & Development of $1.2 million for Q1 2026, down 7.7% on a YoY basis from $1.3 million in Q1 2025, and down 42.96% sequentially from $2.0 million in Q4 2025.
VirnetX Holding (VHC) Research & Development (2010 - 2026) Analysis & Trends
VirnetX Holding (VHC) has 17 years of Research & Development data on file, last reported at $1.2 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 7.7% year-over-year to $1.2 million; the trailing twelve-month figure through Mar 2026 stood at $5.6 million (down 7.83% YoY), and the FY2025 full-year result was $5.7 million, down 6.36% from the prior year.
- Research & Development retreated to $1.2 million in Q1 2026, from $2.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $4.8 million in Q2 2023 to a low of $1.1 million in Q3 2025.
- A 5-year average of $1.7 million and a median of $1.3 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 278.88% in 2023 and tumbled 74.28% in 2024, its largest moves.
- Tracing VHC's Research & Development over 5 years: stood at $2.7 million in 2022, then dropped by 12.41% to $2.4 million in 2023, then declined by 0.04% to $2.4 million in 2024, then declined by 14.09% to $2.0 million in 2025, then slumped by 42.96% to $1.2 million in 2026.
- Business Quant data shows VHC's Research & Development at $1.2 million in Q1 2026, $2.0 million in Q4 2025, and $1.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 6.81 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 4.01 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 160.98 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 823.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 802.89 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 636.30 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 271.60 Mn |
| 10 | VirnetX Holding | 48.76 Mn | 48.76 Mn | - | 1.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.16 Mn |
| Dec 31, 2025 | 2.04 Mn |
| Sep 30, 2025 | 1.14 Mn |
| Jun 30, 2025 | 1.22 Mn |
| Mar 31, 2025 | 1.26 Mn |
| Dec 31, 2024 | 2.37 Mn |
| Sep 30, 2024 | 1.18 Mn |
| Jun 30, 2024 | 1.22 Mn |
| Mar 31, 2024 | 1.27 Mn |
| Dec 31, 2023 | 2.37 Mn |
| Sep 30, 2023 | 1.22 Mn |
| Jun 30, 2023 | 4.76 Mn |
| Mar 31, 2023 | 1.37 Mn |
| Dec 31, 2022 | 2.71 Mn |
| Sep 30, 2022 | 1.22 Mn |
| Jun 30, 2022 | 1.26 Mn |
| Mar 31, 2022 | 1.23 Mn |
| Dec 31, 2021 | 2.13 Mn |
| Sep 30, 2021 | 1.15 Mn |
| Jun 30, 2021 | 1.15 Mn |