VirnetX Holding Corporation (VHC)

NASDAQ: VHC · USD

$10.9

-0.14 (-1.3%)· Recorded snapshot

Market cap	45.8M
Revenue (ttm)	114K
Net income (ttm)	-19.8M
EPS (ttm)	-$5.36
Shares out	4.2M
Volume	3,813
Beta	2.26

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 114K
Net income (ttm): -19.8M
EPS (ttm): -$5.36
Market cap: 45.8M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-82.1

P25 n/aP50 n/aP75 n/a

ROIC-234.8

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All VHC indicators

Market & fundamental data

Available fields

208

Groups with data

Currency

USD

Showing 208 of 208 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001082324
Company name	VirnetX Holding Corporation
Country	United States
Country code	US
CUSIP number	92823T207
Earnings date	2026-11-13
Earnings time	amc
Employees	21
Employees change	-2
Employees growth	-8.7%
Enterprise value	$39M
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	2005
Industry	Software - Infrastructure
IPO date	1999-07-30
Is primary listing	Yes
Is SPAC	No
ISIN number	US92823T2078
Last 10-K release date	2026-03-24
Last earnings date	2026-08-14
Last refreshed	2026-10-28
Last stock split date	2023-10-26
Last stock split type	Reverse
Market cap	$45.8M
Market cap category	Nano-Cap
Next earnings date	2026-11-13
Options	No
Price	$10.91
Price currency	USD
Sector	Technology
SIC code	6794
Stock price date	2026-10-28
Symbol	VHC
U.S. state	Nevada
Website	https://virnetx.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings yield	-49.15%
EV/Sales	344.7x
FCF / EV yield	-41.87%
FCF yield	-35.71%
Industry forward P/E	29.48x
Industry P/E	39.18x
P/B ratio	3.09x
P/S ratio	404.14x
Price / tangible book value	3.06x
Sector forward P/E	18.86x
Sector P/E	32.77x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
Gross margin	100%
Operating margin	-17,640.35%
Pretax margin	-17,377.19%
Profit per employee	$-943,143
Revenue per employee	$5,429
ROA	-38.8%
ROA (5Y)	-16.79%
ROCE	-97.08%
ROE	-82.13%
ROE (5Y)	-33.18%
ROIC	-234.77%
ROIC (5Y)	-372.57%
SBC / revenue	2,263.16%
Tax / revenue	-3.51%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth years	4
Gross profit growth	128%
Gross profit growth 3Y	106.22%
Gross profit growth 5Y	12.95%
Net income growth years	0
Revenue growth	128%
Revenue growth 10Y	-22.99%
Revenue growth 3Y	106.22%
Revenue growth 5Y	12.95%
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-25,000
Depreciation and amortization	$26,000
EBIT	$-20.1M
EBITDA	$-20.1M
EPS	$-5.36
FCF per share	$-3.92
Financing cash flow	$-872,000
Free cash flow	$-16.5M
Free cash flow minus SBC	$-19M
Gross profit	$114,000
Income taxes	$-4,000
Investing cash flow	$13.1M
Net cash flow	$-4.2M
Net income	$-19.8M
Operating cash flow minus SBC	$-19M
Operating income	$-20.1M
Revenue	$114,000
Stock-based compensation	$2.6M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	-10.92
Book value per share	$3.57
Debt / equity	0.47
Long-term assets	$8.9M
Long-term liabilities	$5.7M
Net cash (debt)	$6.8M
Net cash / market cap	14.71%
Net cash growth	-70.82%
Net debt / equity	-0.45
Piotroski F-Score	2
Property, plant and equipment	$6.8M
Shareholders' equity	$15.1M
Tangible book value	$15.1M
Tangible book value per share	$3.57
Total assets	$23M
Total cash	$13.9M
Total debt	$7.1M
Total liabilities	$7.9M
WACC	14.46%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0
Current assets	$14.1M
Current liabilities	$2.3M
Current ratio	6.24
Net working capital	$-581,000
Quick ratio	6.15
Working capital	$11.8M
Working capital turnover	0.01

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-1.89%
Dividend growth (3Y)	0%
Dividend growth (5Y)	0%
Dividend per share	$0.00
Dividend yield	0%
Last dividend	$20.00
Shareholder yield	-1.89%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-81.4%
10Y return CAGR	-4.46%
10Y total return	-36.61%
150-day SMA	$12.91
15Y price change	-97.03%
15Y return CAGR	-14.16%
15Y total return	-89.87%
1D price change	-1.27%
1M price change	7.72%
1M total return	7.72%
1W price change	12.5%
1W total return	12.5%
1Y price change	-44.92%
1Y return CAGR	-44.94%
1Y total return	-44.92%
20-day SMA	$10.82
200-day SMA	$14.15
3M price change	-8.37%
3M total return	-8.37%
3Y price change	170.22%
3Y return CAGR	39.28%
3Y total return	170.22%
50-day SMA	$11.45
50-day SMA vs 200-day SMA	50under200
52-week high	$26.00
52-week high date	2025-11-03
52-week low	$8.41
52-week low date	2026-10-01
5Y price change	-85.08%
5Y return CAGR	-15.29%
5Y total return	-56.39%
6M price change	-22.71%
6M total return	-22.71%
All-time high	$838.60
All-time high date	2012-07-16
All-time low	$3.50
All-time low date	2023-11-01
Average true range (ATR)	$0.81
Average volume	17.6K
Beta (1Y)	1.45
Beta (2Y)	1.24
Beta (5Y)	2.26
Change from 52-week high	-58.04%
Change from 52-week low	29.73%
Change from all-time high	-98.67%
Change from all-time low	218.86%
Change from open	0.55%
Day's gap	-1.81%
Dollar volume	$41,600
High price	$11.05
Low price	$10.50
Monthly RSI	45.05
Open price	$10.85
Position in 52-week range	74.55%
Previous close	$11.05
Price vs 150-day SMA	-13.54%
Price vs 20-day SMA	3.13%
Price vs 200-day SMA	-21.13%
Price vs 50-day SMA	-2.52%
Relative volume	0.22
RSI	52.02
Sharpe ratio	-0.31
Sharpe ratio (3Y)	0.68
Sharpe ratio (5Y)	0.19
Sortino ratio	-0.39
Sortino ratio (3Y)	1.31
Sortino ratio (5Y)	0.39
Volume	3.8K
Weekly RSI	44.09
YTD price change	-33.13%
YTD total return	-33.13%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	3.6M
Float percentage	86.02%
Shares change (QoQ)	0.43%
Shares change (YoY)	1.89%
Shares held by insiders	13.62%
Shares held by institutions	13.95%
Shares outstanding	4.2M
Short % of float	4.03%
Short % of shares	3.46%
Short ratio	1.1 days

Deeper analysis on VHC

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this VHC report

Is a complete VHC research report available?

No complete published report is available for VirnetX Holding Corporation (VHC) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

VirnetX Holding Corporation (VHC)

Price

Financial snapshot

Fair-value bridge

Latest news · VHC

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All VHC indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on VHC

Frequently asked questions