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Companies / Financials / VirnetX Holding Corp
VHC

VirnetX Holding Corp

FinancialsHolding & Investment
Ticker VHCZEPHYR COVE, NVFiscal year ends DecemberBook value per share $4.00Diluted shares 3.8M

VirnetX Holding Corporation (Nasdaq: VHC) is an Internet security software and technology company whose patented solutions support secure communications across networks and devices. Its VirnetX One platform uses Secure Domain Name System technology and Zero Trust Network Access principles to provide encrypted… From the company’s description.

Over the twelve months to Jun 30, 2026, VirnetX Holding Corp reported revenue of $0.11M, up 128.0% from a year earlier, and a net loss of $19.81M. Operations used $16.43M in cash. In fiscal 2025, it reported revenue of $0.16M, up 3140.0% from fiscal 2024, and a net loss of $18.23M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$0.16MFY2025
+3140.0% year over year
Last 12 mo $0.11M
-12000.00%FY2025
+395940 percentage points
Last 12 mo -18078.95%
$-18.23MFY2025
−0.3% year over year
Last 12 mo $-19.81M
-78.87%FY2025
−33 percentage points
Last 12 mo -131.50%
Cash & financing
$-15.64MFY2025
−2.1% year over year
Last 12 mo $-16.43M
$-15.66MFY2025
−2.0% year over year
Last 12 mo $-16.45M
—
3.6MFY2025
+1.4% year over year
Last 12 mo 3.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What VirnetX Holding Corp does

In the company’s own words

VirnetX Holding Corporation (Nasdaq: VHC) is an Internet security software and technology company whose patented solutions support secure communications across networks and devices. Its VirnetX One platform uses Secure Domain Name System technology and Zero Trust Network Access principles to provide encrypted communications and security services in cloud, on-premise, and hybrid environments. VirnetX Matrix provides identity-based access controls for enterprise applications, connected devices, and control systems, while VirnetX War Room supports controlled, secure virtual collaboration. The company also develops cybersecurity-focused digital engineering, modeling, and threat assessment services and technologies for Internet of Things and edge computing networks. Its customers and intended markets include U.S. Department of Defense and other government agencies, commercial enterprises, and sectors such as critical infrastructure, law enforcement, healthcare, finance, legal services, and energy. VirnetX’s patent portfolio includes technology acquired by its operating subsidiary from Leidos in 2006. The company had 21 full- and part-time employees as of December 31, 2025. Its website is http://www.virnetx.com.

Company details
Sector
Financials
Industry (SIC)
Holding & Investment
Headquarters
ZEPHYR COVE, NV
Fiscal year end
December
CIK
1082324
SIC
6794

Financial performance, year by year

Fiscal 2011–2025 · USD
$-77.48M$26.19M$129.86M$233.52M$337.19M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns VirnetX Holding Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

16
funds hold it
0 of 35
superinvestors hold it
$2.83M
held by funds, at market
5.0%
of shares held by funds

Largest fund holders · VirnetX Holding Corp’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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