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| 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 |