VirnetX Holding Corp VHC Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | -12,284.6%+638,315pp | -12,000%+395,940pp | -18,211.3%+411,909pp | -38,094%+341,139pp | -650,600%-215,486pp | |
| Net margin | -11,666.7%+573,767pp | -11,250%+352,250pp | -16,851.9%+364,488pp | -34,708%+301,059pp | -585,433.3%-189,790pp | |
| Returns | ||||||
| Return on equity | -68.5%-28.8pp | -58.7%-20.7pp | -47.8%-12.4pp | -42.3%-7.4pp | -39.7%+3.2pp | |
| Return on invested capital | -122.4%-51.5pp | —— | -77.4%— | -68.2%— | -70.9%— | |
| Efficiency | ||||||
| Asset turnover | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Liquidity | ||||||
| Current ratio | 8.5×-9.2× | 10.7×+5.4× | 13.7×+7.6× | 16.3×+9.5× | 17.7×+10.6× | |
| Leverage | ||||||
| Debt-to-equity | 0.4×+0.2× | —— | 0.3×+0.1× | 0.2×0.0× | 0.2×0.0× | |
| Per Share | ||||||
| Book value per share | $5.02-49.9% | $6.16-44.1% | $7.97-36.8% | $9.06-33.3% | $10.03-30.5% | |
| Valuation | ||||||
| Market capitalization | $53.16M+26.6% | $71.28M+143% | $76.84M+192% | $36.32M+45.1% | $31.32M+34.2% | |
| Price / sales | 328.2×-512× | 440×-5,415× | 724.9×-4,542× | 726.5×-3,445× | 10,441×+7,107× | |
| Price / book | 2.8×+1.5× | 3.2×+2.4× | 2.6×+2.0× | 1.1×+0.6× | 0.9×+0.4× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do VirnetX Holding Corp 's ratios come from?
- Every ratio is computed from VirnetX Holding Corp 's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
