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 has reported Research & Development for 17 years, with the latest figure 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.
- Over five years, Research & Development peaked at $4.8 million in Q2 2023 and troughed at $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.
- The sharpest annual moves came in 2023 and 2024: Research & Development soared 278.88% in 2023, then sank 74.28% in 2024.
- Over 5 years, Research & Development stood at $2.7 million in 2022, then retreated by 12.41% to $2.4 million in 2023, then decreased by 0.04% to $2.4 million in 2024, then decreased by 14.09% to $2.0 million in 2025, then sank by 42.96% to $1.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $1.2 million, $2.0 million, and $1.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | VirnetX Holding | 54.13 Mn | 54.13 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 |