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

VirnetX Holding's (VHC) quarterly Research & Development came in at $1.2 million in Q1 2026, down 7.7% year-on-year from $1.3 million in Q1 2025, and down 42.96% quarter-over-quarter from $2.0 million in Q4 2025.

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

VirnetX Holding has disclosed Research & Development across 17 years of filings, most recently posting $1.2 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $1.2 million, down 7.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.6 million (down 7.83% YoY), and the FY2025 annual result was $5.7 million, down 6.36% from the prior year.
  • Research & Development came in at $1.2 million for Q1 2026 at VirnetX Holding, down 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.
  • The 5-year median for Research & Development is $1.3 million (2022), against an average of $1.7 million.
  • Across the five-year window, Research & Development jumped 278.88% in 2023 and sank 74.28% in 2024, its largest moves.
  • VirnetX Holding's 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 sank by 42.96% to $1.2 million in 2026.
  • The last three Research & Development figures came in at $1.2 million (Q1 2026), $2.0 million (Q4 2025), and $1.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 8.92 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 2.30 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 2.61 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 160.98 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 511.00 Mn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 356.41 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 214.00 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 714.99 Mn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 150.97 Mn
10 VirnetX Holding 50.68 Mn 50.68 Mn - 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