VirnetX Holding (VHC) Research & Development (2010 - 2026)

VirnetX Holding (VHC) posted Research & Development of $1.2 million for Q1 2026, down 42.96% sequentially from $2.0 million in Q4 2025, and down 7.7% YoY from $1.3 million in Q1 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.

  • Quarterly Research & Development fell 7.7% year-over-year to $1.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.6 million (down 7.83% YoY) and the FY2025 annual result came in at $5.7 million, down 6.36% from the prior year.
  • Research & Development retreated to $1.2 million in Q1 2026 per VHC's latest filing, from $2.0 million in the prior quarter.
  • The five-year high for Research & Development was $4.8 million in Q2 2023, with the low at $1.1 million in Q3 2025.
  • Average Research & Development over 5 years is $1.7 million, with a median of $1.3 million recorded in 2022.
  • Year-over-year, Research & Development surged 278.88% in 2023 and tumbled 74.28% in 2024.
  • VirnetX Holding's Research & Development stood at $2.7 million in 2022, then decreased by 12.41% to $2.4 million in 2023, then slipped by 0.04% to $2.4 million in 2024, then slipped 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 2,853.66 Bn 2,775.39 Bn 56.06 Bn 8.92 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.61 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 160.98 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 511.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 356.41 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 214.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 150.97 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 714.99 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 1.04 Bn
10 VirnetX Holding - - - 1.16 Mn

Historic Data

Download Data
DateValue
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