VirnetX Holding Corp VHC Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | -12,284.6%-285pp | -12,000%+6,211pp | -18,211.3%+19,883pp | -38,094%+612,506pp | -650,600%-242,660pp | |
| Net margin | -11,666.7%-417pp | -11,250%+5,602pp | -16,851.9%+17,856pp | -34,708%+550,725pp | -585,433.3%-221,933pp | |
| EBITDA margin | -12,269.8%-284pp | -11,985.8%+6,206pp | -18,191.5%+19,860pp | -38,052%+611,848pp | -649,900%-242,380pp | |
| Returns | ||||||
| Return on equity | -68.5%-9.8pp | -58.7%-10.9pp | -47.8%-5.4pp | -42.3%-2.7pp | -39.7%-1.7pp | |
| Return on assets | -52.6%-7.5pp | -45.2%-7.0pp | -38.2%-3.7pp | -34.4%-1.7pp | -32.7%+0.3pp | |
| Return on invested capital | -122.4%— | —— | -77.4%-9.2pp | -68.2%+2.7pp | -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×-2.2× | 10.7×-3.0× | 13.7×-2.5× | 16.3×-1.5× | 17.7×+12.4× | |
| Quick ratio | 8.5×-2.2× | 10.7×-3.0× | 13.7×-2.5× | 16.3×-1.5× | 17.7×+12.4× | |
| Cash ratio | 7.2×-0.5× | 7.7×-0.6× | 8.3×-0.6× | 8.9×-3.0× | 11.9×+8.7× | |
| Leverage | ||||||
| Debt-to-equity | 0.4×— | —— | 0.3×0.0× | 0.2×0.0× | 0.2×— | |
| Debt-to-assets | 0.3×— | —— | 0.2×0.0× | 0.2×0.0× | 0.2×— | |
| Per Share | ||||||
| Book value per share | $5.02-18.5% | $6.16-22.7% | $7.97-12.0% | $9.06-9.6% | $10.03-9.0% | |
| Valuation | ||||||
| Market capitalization | $53.16M+26.6% | $71.28M-7.2% | $76.84M+112% | $36.32M+16.0% | $31.32M+7.0% | |
| Enterprise value | $45.6M+39.7% | —— | $67.64M+150% | $27.04M+67.0% | $16.19M— | |
| Price / sales | 328.2×-512× | 440×-285× | 724.9×-1.6× | 726.5×-9,715× | 10,441×+4,586× | |
| Price / book | 2.8×+1.5× | 3.2×+0.5× | 2.6×+1.5× | 1.1×+0.2× | 0.9×+0.1× | |
| EV / sales | 276.3×-364× | —— | 638.1×+97.3× | 540.8×-4,855× | 5,396×— | |
| Earnings yield | -36.1%+5.9pp | -25.6%-2.3pp | -23.2%+24.5pp | -47.8%+8.3pp | -56.1%+6.0pp |
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.
