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 (VHC) has 17 years of Research & Development data on file, last reported 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.
- The five-year high for Research & Development was $4.8 million in Q2 2023, with the low at $1.1 million in Q3 2025.
- Average Research & Development over 5 years is $1.7 million, with a median of $1.3 million recorded in 2022.
- Year-over-year, Research & Development surged 278.88% in 2023 and tumbled 74.28% in 2024.
- VirnetX Holding's Research & Development stood at $2.7 million in 2022, then decreased by 12.41% to $2.4 million in 2023, then slipped by 0.04% to $2.4 million in 2024, then slipped 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 | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.61 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 160.98 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 511.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 356.41 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 214.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 150.97 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 1.04 Bn |
| 10 | VirnetX Holding | - | - | - | 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 |