What is VirnetX Holding Corp 's revenue?

VirnetX Holding Corp (VHC) reported revenue of $0 in Q1 2026.

What is the long-term trend for VirnetX Holding Corp 's revenue?

Over 4 years (2021 to 2025), VirnetX Holding Corp 's revenue has grown at a 46.7% compound annual growth rate (CAGR), from $35K to $162K.

What does revenue mean?

Represents the total consideration recognized from contracts with customers for the transfer of goods or services, excluding any sales-related taxes collected on behalf of third parties. This metric serves as the primary indicator of a company's top-line performance and its ability to monetize its core business offerings.

VirnetX Holding Corp VHC Revenue

Revenue at other companies

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RFL

Rafael Holdings, Inc.RFL

$7.5K—

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Other financials

Income statement

See full

Revenue-—

Operating income-$4.5M-11.4%

Net income-$4.4M-18.3%

EPS (diluted)-$1.16-14.9%

Balance sheet

See full

Cash & equivalents$14.8M-36.4%

Total debt$7.2M-10.8%

Total equity$18.9M-48.2%

Total assets$26.7M-40.8%

Cash flow

See full

Operating cash flow-$4.3M-10.3%

CapEx$17.0K—

Free cash flow-$5.8M-5.2%

Valuation

See full

Market cap$53.16M+26.6%

Enterprise value$45.6M+39.7%

P/S328.2×-512×

Profitability

See full

Operating margin-12,284.6%-6,084pp

Net margin-11,666.7%-5,775pp

FCF margin-35,193.8%—

Returns & leverage

See full

Return on equity-68.5%+181pp

Debt / equity0.4×+0.2×

Current ratio8.5×-9.2×

Where this comes from

Reported directly by VirnetX Holding Corp in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: VirnetX Holding Corp ’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is VirnetX Holding Corp 's revenue?: VirnetX Holding Corp (VHC) reported revenue of $0 in Q1 2026.
What is the long-term trend for VirnetX Holding Corp 's revenue?: Over 4 years (2021 to 2025), VirnetX Holding Corp 's revenue has grown at a 46.7% compound annual growth rate (CAGR), from $35K to $162K.
What does revenue mean?: Represents the total consideration recognized from contracts with customers for the transfer of goods or services, excluding any sales-related taxes collected on behalf of third parties. This metric serves as the primary indicator of a company's top-line performance and its ability to monetize its core business offerings.