VirnetX Holding VHC
NASDAQ VHC
$11.80 +0.15 (+1.29%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

VirnetX Holding's (VHC) quarterly Research & Development came in at $1.1 million in Q2 2026, down 7.33% year-over-year from $1.2 million in Q2 2025, and down 3.1% quarter-over-quarter from $1.2 million in Q1 2026.

Analysis

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

VirnetX Holding has disclosed Research & Development across 17 years of filings, most recently posting $1.1 million for Q2 2026.

  • In Q2 2026, Research & Development fell 7.33% year-over-year to $1.1 million; the TTM figure through Jun 2026 stood at $5.5 million (down 9.18% YoY), while the FY2025 annual figure was $5.7 million, down 6.36% from the prior year.
  • Research & Development came in at $1.1 million for Q2 2026 at VirnetX Holding, down from $1.2 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 Q2 2026.
  • Average Research & Development over 5 years is $1.7 million, with a median of $1.2 million recorded in 2022.
  • Year-over-year, Research & Development surged 278.88% in 2023 and plunged 74.28% in 2024.
  • Over 5 years, Research & Development stood at $2.7 million in 2022, then declined by 12.41% to $2.4 million in 2023, then fell by 0.04% to $2.4 million in 2024, then fell by 14.09% to $2.0 million in 2025, then plunged by 44.72% to $1.1 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $1.1 million in Q2 2026, $1.2 million in Q1 2026, and $2.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Palo Alto Networks 269.46 Bn 266.34 Bn 2.03 Bn 1.16 Bn
2 CrowdStrike Holdings 213.75 Bn 208.74 Bn 1.10 Bn 509.97 Mn
3 Fortinet 115.33 Bn 111.27 Bn 1.64 Bn 669.10 Mn
4 Axon Enterprise 40.70 Bn 40.03 Bn 546.45 Mn 208.69 Mn
5 Zscaler 25.94 Bn 22.46 Bn - -
6 F5 22.10 Bn 20.50 Bn 711.51 Mn 238.03 Mn
7 Rubrik 18.86 Bn 17.11 Bn 335.12 Mn 224.45 Mn
8 Gen Digital 17.83 Bn 17.27 Bn 1.03 Bn 300.00 Mn
9 Check Point Software Technologies 14.27 Bn 11.99 Bn 574.10 Mn 239.00 Mn
10 VirnetX Holding 44.75 Mn 44.75 Mn - 1.13 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.13 Mn
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