VirnetX Holding CorpVHCEarnings & Financial Report
VirnetX is a publicly traded Internet security software and technology company based in Zephyr Cove, Nevada. Founded in 2005, its patent portfolio includes U.S. and international patents in areas such as DNS and network communication.
Revenue
$2.0K
Gross Profit
N/A
Operating Profit
$-4.9M
Net Profit
$-4.3M
Gross Margin
N/A
Operating Margin
-246300.0%
Net Margin
-214550.0%
YoY Growth
0.0%
EPS
$-1.19
VirnetX Holding Corp Q1 FY2024 Financial Summary
VirnetX Holding Corp reported revenue of $2.0K (up 0.0% YoY) for Q1 FY2024, with a net profit of $-4.3M (up 3.9% YoY) (-214550.0% margin).
Key Financial Metrics
| Total Revenue | $2.0K |
|---|---|
| Net Profit | $-4.3M |
| Gross Margin | N/A |
| Operating Margin | -246300.0% |
| Report Period | Q1 FY2024 |
VirnetX Holding Corp Annual Revenue by Year
VirnetX Holding Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $162.0K).
| Year | Annual Revenue |
|---|---|
| 2025 | $162.0K |
| 2024 | $5.0K |
| 2023 | $7.0K |
| 2022 | $48.0K |
VirnetX Holding Corp Quarterly Revenue & Net Profit History
VirnetX Holding Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $56.0K | — | $-6.6M | -11744.6% |
| Q3 FY2025 | $58.0K | +2800.0% | $-4.3M | -7496.6% |
| Q2 FY2025 | $48.0K | +4700.0% | $-3.6M | -7543.8% |
| Q1 FY2025 | $0 | — | $-3.7M | N/A |
| Q4 FY2024 | $0 | — | $-6.2M | N/A |
| Q3 FY2024 | $2.0K | -33.3% | $-3.8M | -191950.0% |
| Q2 FY2024 | $1.0K | -50.0% | $-3.8M | -383000.0% |
| Q1 FY2024 | $2.0K | +0.0% | $-4.3M | -214550.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2000 | $1000 | $2000 | $0 | $0 | $48000 | $58000 | $56000 |
| YoY Growth | 0.0% | -50.0% | -33.3% | N/A | N/A | 4700.0% | 2800.0% | N/A |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $62.3M | $58.9M | $55.6M | $49.6M | $45.1M | $41.8M | $38.0M | $31.1M |
| Liabilities | $10.1M | $10.1M | $10.1M | $10.0M | $8.7M | $8.6M | $8.7M | $8.6M |
| Equity | $52.2M | $48.8M | $45.5M | $39.6M | $36.4M | $33.2M | $29.3M | $22.5M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-3.5M | $-3.1M | $-3.2M | $-15.3M | $-3.9M | $-2.9M | $-3.0M | $-15.6M |