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
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