VirnetX Holding financials
$10.32+0.88%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $162.0K | $5.0K | $7.0K | $48.0K | $35.0K | $302.6M | $85.0K | $63.0K | $1.5M | $1.6M |
| Gross profit | $162.0K | $5.0K | $7.0K | $52.0K | $35.0K | $302.6M | $85.0K | $63.0K | $1.5M | $1.6M |
| Gross margin | 100.0% | 100.0% | 100.0% | 108.3% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | -$19.4M | -$20.4M | -$31.4M | -$22.1M | -$49.2M | $199.2M | -$19.7M | -$25.5M | -$17.3M | -$28.5M |
| Net income | -$18.2M | -$18.2M | -$27.9M | -$36.3M | -$42.9M | $280.4M | -$19.2M | -$25.4M | -$17.3M | -$28.6M |
| Net margin | −11250.0% | −363500.0% | −398157.1% | −75541.7% | −122631.4% | 92.7% | −22564.7% | −40327.0% | −1116.9% | −1843.2% |
| Diluted EPS | $-5.00 | $-5.05 | $-7.79 | $-10.17 | $-12.00 | $78.40 | $-5.60 | $-8.00 | $-6.00 | $-10.20 |
| EBITDA | -$18.9M | -$20.4M | -$31.4M | -$22.1M | -$49.2M | $157.9M | -$19.7M | -$25.4M | -$17.3M | -$28.5M |
| Operating cash flow | -$15.6M | -$15.3M | -$24.8M | -$16.9M | -$51.7M | $281.4M | -$15.1M | -$22.3M | -$14.9M | -$21.9M |
| Free cash flow | -$15.7M | -$15.3M | -$24.8M | -$16.9M | -$51.7M | $281.4M | -$15.1M | -$22.3M | -$14.9M | -$21.9M |
| Diluted shares | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.4M | 3.1M | 2.9M | 2.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $15.5M | $23.3M | $26.3M | $86.6M | $142.0M | $192.9M |
| Short-term investments | $6.0M | $14.8M | $27.3M | $65.5M | $27.3M | $28.3M |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $31.1M | $49.6M | $60.4M | $153.0M | $186.5M | $234.8M |
| Total liabilities | $8.6M | $10.0M | $4.4M | $731.0K | $1.1M | $10.4M |
| Shareholders' equity | $22.5M | $39.6M | $56.0M | $152.2M | $185.4M | $224.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology