VirnetX Holding Corp (VHC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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VHC Revenue Growth
VHC Revenue Analysis (2014–2025)
As of May 8, 2026, VirnetX Holding Corp (VHC) generated trailing twelve-month (TTM) revenue of $106,000, reflecting explosive growth of +2800.0% year-over-year. The most recent quarter (Q3 2025) recorded $58,000 in revenue, up 20.8% sequentially.
Looking at the longer-term picture, VHC's 5-year compound annual growth rate (CAGR) stands at -77.8%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $302.6 million in 2020.
When compared to Technology sector peers including ACTG (-3.3% YoY), MARA, and IDCC (+1.6% YoY), VHC has outperformed the peer group in terms of revenue growth. Compare VHC vs ACTG →
VHC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VHCCurrent | $106,000 | +2800.0% | -77.8% | -12000.0% | |
 ACTG | $285M | -3.3% | +57.1% | 2.2% | |
 MARA | $907M | - | - | -90.6% | |
 IDCC | $834M | +1.6% | +18.4% | 55.3% | |
 QCOM | $44.3B | +5.2% | +13.5% | 27.9% | |
 CEVA | $107M | +5.5% | +4.2% | -7.1% |
VHC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $162K | +3140.0% | $0 | - | $-19,440,000 | -12000.0% |
| 2024 | $5K | -28.6% | $5K | 100.0% | $-20,397,000 | -407940.0% |
| 2023 | $7K | -85.4% | $-2,000 | -28.6% | $-31,445,000 | -449214.3% |
| 2022 | $48K | +37.1% | $48K | 100.0% | $-22,076,000 | -45991.7% |
| 2021 | $35K | -100.0% | $35K | 100.0% | $-49,174,000 | -140497.1% |
| 2020 | $302.6M | +355942.4% | $212.5M | 70.2% | $155.8M | 51.5% |
| 2019 | $85K | +34.9% | $85K | 100.0% | $-19,665,000 | -23135.3% |
| 2018 | $63K | -95.9% | $63K | 100.0% | $-25,457,000 | -40407.9% |
| 2017 | $1.5M | -0.2% | $1.5M | 98.3% | $-17,321,000 | -1119.7% |
| 2016 | $1.6M | -0.3% | $666K | 43.0% | $-28,505,000 | -1839.0% |
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Start ComparisonVHC — Frequently Asked Questions
Quick answers to the most common questions about buying VHC stock.
Is VHC's revenue growth accelerating or slowing?
VHC revenue is accelerating at +2800.0% year-over-year, exceeding the 5-year CAGR of -77.8%. TTM revenue reached $106000.00. Growth momentum has increased versus prior periods.
What is VHC's long-term revenue growth rate?
VirnetX Holding Corp's 5-year revenue CAGR of -77.8% reflects the sustained expansion pattern. Current YoY growth of +2800.0% is above this long-term average.
How is VHC's revenue distributed by segment?
VHC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.