vs

Side-by-side financial comparison of InMode Ltd. (INMD) and VirnetX Holding Corp (VHC). Click either name above to swap in a different company.

InMode Ltd. is the larger business by last-quarter revenue ($93.2K vs $56.0K, roughly 1.7× VirnetX Holding Corp). InMode Ltd. runs the higher net margin — 23.5% vs -11744.6%, a 11768.1% gap on every dollar of revenue.

Mode Media, Inc., was a digital lifestyle media company operating a suite of websites where content was produced by anyone but reviewed by professional editors prior to publishing. In 2013, Mode Media had a valuation of about $1 billion as the company prepped for an IPO. In 2015, Mode Media had grown to over $100 million in revenue, primarily from providing native content, branded video and digital advertising to large brands but had over $100 million in expenses.

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.

INMD vs VHC — Head-to-Head

Bigger by revenue
INMD
INMD
1.7× larger
INMD
$93.2K
$56.0K
VHC
Higher net margin
INMD
INMD
11768.1% more per $
INMD
23.5%
-11744.6%
VHC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
INMD
INMD
VHC
VHC
Revenue
$93.2K
$56.0K
Net Profit
$21.9K
$-6.6M
Gross Margin
77.6%
Operating Margin
-12151.8%
Net Margin
23.5%
-11744.6%
Revenue YoY
Net Profit YoY
-5.8%
EPS (diluted)
$-1.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INMD
INMD
VHC
VHC
Q4 25
$56.0K
Q3 25
$93.2K
$58.0K
Q2 25
$95.6K
$48.0K
Q1 25
$77.9K
$0
Q4 24
$0
Q3 24
$130.2K
$2.0K
Q2 24
$86.4K
$1.0K
Q1 24
$80.3K
$2.0K
Net Profit
INMD
INMD
VHC
VHC
Q4 25
$-6.6M
Q3 25
$21.9K
$-4.3M
Q2 25
$26.7K
$-3.6M
Q1 25
$18.2K
$-3.7M
Q4 24
$-6.2M
Q3 24
$51.0K
$-3.8M
Q2 24
$23.8K
$-3.8M
Q1 24
$23.7K
$-4.3M
Gross Margin
INMD
INMD
VHC
VHC
Q4 25
Q3 25
77.6%
Q2 25
80.0%
Q1 25
78.2%
Q4 24
Q3 24
81.5%
Q2 24
80.2%
Q1 24
79.6%
Operating Margin
INMD
INMD
VHC
VHC
Q4 25
-12151.8%
Q3 25
-8006.9%
Q2 25
-8216.7%
Q1 25
Q4 24
Q3 24
-219350.0%
Q2 24
-441500.0%
Q1 24
-246300.0%
Net Margin
INMD
INMD
VHC
VHC
Q4 25
-11744.6%
Q3 25
23.5%
-7496.6%
Q2 25
28.0%
-7543.8%
Q1 25
23.4%
Q4 24
Q3 24
39.2%
-191950.0%
Q2 24
27.6%
-383000.0%
Q1 24
29.5%
-214550.0%
EPS (diluted)
INMD
INMD
VHC
VHC
Q4 25
$-1.82
Q3 25
$-1.18
Q2 25
$-0.99
Q1 25
$-1.01
Q4 24
$-1.72
Q3 24
$-1.07
Q2 24
$-1.07
Q1 24
$-1.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INMD
INMD
VHC
VHC
Cash + ST InvestmentsLiquidity on hand
$155.3K
$15.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$703.8K
$22.5M
Total Assets
$785.7K
$31.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INMD
INMD
VHC
VHC
Q4 25
$15.5M
Q3 25
$155.3K
$17.1M
Q2 25
$155.3K
$17.3M
Q1 25
$155.3K
$23.2M
Q4 24
$23.3M
Q3 24
$144.4K
$25.1M
Q2 24
$144.4K
$26.3M
Q1 24
$144.4K
$27.6M
Stockholders' Equity
INMD
INMD
VHC
VHC
Q4 25
$22.5M
Q3 25
$703.8K
$29.3M
Q2 25
$703.8K
$33.2M
Q1 25
$703.8K
$36.4M
Q4 24
$39.6M
Q3 24
$787.4K
$45.5M
Q2 24
$787.4K
$48.8M
Q1 24
$787.4K
$52.2M
Total Assets
INMD
INMD
VHC
VHC
Q4 25
$31.1M
Q3 25
$785.7K
$38.0M
Q2 25
$785.7K
$41.8M
Q1 25
$785.7K
$45.1M
Q4 24
$49.6M
Q3 24
$863.3K
$55.6M
Q2 24
$863.3K
$58.9M
Q1 24
$863.3K
$62.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INMD
INMD
VHC
VHC
Operating Cash FlowLast quarter
$24.5K
$-15.6M
Free Cash FlowOCF − Capex
$-15.7M
FCF MarginFCF / Revenue
-27966.1%
Capex IntensityCapex / Revenue
30.4%
Cash ConversionOCF / Net Profit
1.12×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INMD
INMD
VHC
VHC
Q4 25
$-15.6M
Q3 25
$24.5K
$-3.0M
Q2 25
$24.1K
$-2.9M
Q1 25
$14.0K
$-3.9M
Q4 24
$-15.3M
Q3 24
$34.0K
$-3.2M
Q2 24
$42.1K
$-3.1M
Q1 24
$24.1K
$-3.5M
Free Cash Flow
INMD
INMD
VHC
VHC
Q4 25
$-15.7M
Q3 25
$-3.0M
Q2 25
Q1 25
Q4 24
$-15.3M
Q3 24
Q2 24
$-3.1M
Q1 24
FCF Margin
INMD
INMD
VHC
VHC
Q4 25
-27966.1%
Q3 25
-5208.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-309100.0%
Q1 24
Capex Intensity
INMD
INMD
VHC
VHC
Q4 25
30.4%
Q3 25
29.3%
Q2 25
0.0%
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
1100.0%
Q1 24
Cash Conversion
INMD
INMD
VHC
VHC
Q4 25
Q3 25
1.12×
Q2 25
0.90×
Q1 25
0.77×
Q4 24
Q3 24
0.67×
Q2 24
1.77×
Q1 24
1.02×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons