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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 specializing in patented cybersecurity solutions designed to ensure resilient, secure communications across any network or device. The company's website is located at http://www.virnetx.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$0.16M
+3140.0% year over year
Last 12 mo $0.11M
-12000.00%
+395940 percentage points
Last 12 mo -18078.95%
$-18.23M
−0.3% year over year
Last 12 mo $-19.81M
-78.87%
−33 percentage points
Last 12 mo -131.50%
Cash & financing
$-15.64M
−2.1% year over year
Last 12 mo $-16.43M
$-15.66M
−2.0% year over year
Last 12 mo $-16.45M
—
3.6M
+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 specializing in patented cybersecurity solutions designed to ensure resilient, secure communications across any network or device. The company's website is located at http://www.virnetx.com.

The company's flagship platform, VirnetX One, is built on Zero Trust Network Access principles and extends patented Secure Domain Name System technology to establish end-to-end encrypted communications on demand regardless of user location or endpoint. VirnetX One operates as a security-as-a-service platform deployable in cloud, on-premise, or hybrid enterprise environments. The company also offers VirnetX Matrix, which leverages the VirnetX One platform to secure communications using encrypted, identity-based access controls in contested or high-risk environments. Additionally, VirnetX War Room provides secure collaboration and visualization capabilities designed to support sensitive communications and is intended for government, law enforcement, legal, financial, and healthcare environments.

VirnetX's products are designed to support U.S. Department of Defense, federal government, and commercial customers requiring real-time encrypted communications and network security. The company believes its solutions are applicable across critical infrastructure, law enforcement, healthcare, financial services, legal services, energy, and related industries. The company pursues sales opportunities nationwide and engages with universities and academic institutions to support research collaboration and workforce development.

As of December 31, 2025, VirnetX employed 21 full and part-time employees, most working remotely, with 13 focused on technology research and product development. The company engages consultants regularly for product development, customer relations, legal, and regulatory compliance activities. The company holds a Multiple Award Schedule enabling streamlined procurement by federal, state, and local government customers and maintains Department of Defense Joint Certification Program certifications for facilities in Nevada and Utah.

VirnetX's intellectual property portfolio includes U.S. and foreign patents and pending applications primarily directed to securing real-time communications over the Internet. Certain portions of this portfolio were acquired from Leidos, Inc. in 2006. The company is developing digital engineering services, cyber threat assessment capabilities, and a Center for Advanced Software and Hardware Integration incorporating artificial intelligence and digital twin technologies alongside Software-Defined Networks capabilities.

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

Financial performance, year by year

Fiscal 2013–2025 · USD
$-77.48M$26.19M$129.86M$233.52M$337.19M2013201420152016201720182019202020212022202320242025Last 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
0.00%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
0.00%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

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