VirnetX Holding annual free cash flow
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2025
VirnetX Holding Free Cash Flow (FCF) History (VHC)
VirnetX Holding reported −$15.7M in free cash flow for fiscal 2025, a decrease of $312,000 from the previous fiscal year, with a free cash flow margin of −9667.28%.
View full VirnetX Holding company overviewVirnetX Holding free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$15.7M | −$312,000 | — | −9667.28% |
| 2024 | 2024-12-31 | −$15.3M | $9.5M | — | −306980.00% |
| 2023 | 2023-12-31 | −$24.8M | −$7.9M | — | −354828.57% |
| 2022 | 2022-12-31 | −$16.9M | $34.8M | — | −35193.75% |
| 2021 | 2021-12-31 | −$51.7M | −$333.1M | — | −147808.57% |
| 2020 | 2020-12-31 | $281.4M | $296.5M | — | +92.98% |
| 2019 | 2019-12-31 | −$15.1M | $7.2M | — | −17757.65% |
| 2018 | 2018-12-31 | −$22.3M | −$7.4M | — | −35393.65% |
| 2017 | 2017-12-31 | −$14.9M | $7.0M | — | −966.00% |
| 2016 | 2016-12-31 | −$21.9M | $4.4M | — | −1415.16% |
| 2015 | 2015-12-31 | −$26.4M | −$28.3M | — | — |
| 2014 | 2014-12-31 | $1.9M | $9.2M | — | — |
| 2013 | 2013-12-31 | −$7.3M | $12.3M | — | — |
| 2012 | 2012-12-31 | −$19.6M | −$1.3M | — | — |
| 2011 | 2011-12-31 | −$18.3M | −$94.2M | — | — |
| 2010 | 2010-12-31 | $75.9M | $82.8M | — | — |
| 2009 | 2009-12-31 | −$7.0M | — | — | — |
VirnetX Holding quarterly free cash flow
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Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
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Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q3.23
Q3.24
Q3.25
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q3 2025 | 2025-09-30 | −$3.0M | −$891,000 | — | −5208.62% |
| Q3 2024 | 2024-09-30 | −$3.2M | $35,000 | — | −161050.00% |
| Q3 2023 | 2023-09-30 | −$3.3M | $2.8M | — | −109700.00% |
| Q4 2017 | 2017-12-31 | −$3.4M | $3.0M | — | −853.87% |
| Q3 2017 | 2017-09-30 | −$2.1M | −$820,000 | — | −568.00% |
| Q2 2017 | 2017-06-30 | −$3.3M | $3.4M | — | −822.22% |
| Q1 2017 | 2017-03-31 | −$6.1M | $1.5M | — | −1635.73% |
| Q4 2016 | 2016-12-31 | −$6.4M | −$1.8M | — | — |
| Q3 2016 | 2016-09-30 | −$1.3M | $6.9M | — | — |
| Q2 2016 | 2016-06-30 | −$6.6M | $2,000 | — | — |
| Q1 2016 | 2016-03-31 | −$7.6M | −$668,000 | — | — |
| Q4 2015 | 2015-12-31 | −$4.6M | −$21.2M | — | — |
| Q3 2015 | 2015-09-30 | −$8.2M | −$6.8M | — | — |
| Q2 2015 | 2015-06-30 | −$6.6M | −$1.4M | — | — |
| Q1 2015 | 2015-03-31 | −$7.0M | $1.1M | — | — |
| Q4 2014 | 2014-12-31 | $16.6M | $22.0M | — | — |
| Q3 2014 | 2014-09-30 | −$1.4M | $604,000 | — | — |
| Q2 2014 | 2014-06-30 | −$5.2M | −$12.8M | — | — |
| Q1 2014 | 2014-03-31 | −$8.1M | −$606,000 | — | — |
| Q4 2013 | 2013-12-31 | −$5.4M | $1.7M | — | — |
| Q3 2013 | 2013-09-30 | −$2.0M | $9.1M | — | — |
| Q2 2013 | 2013-06-30 | $7.6M | $5.0M | +189.33% | — |
| Q1 2013 | 2013-03-31 | −$7.5M | −$3.4M | — | — |
| Q4 2012 | 2012-12-31 | −$7.1M | −$5.6M | — | — |
| Q3 2012 | 2012-09-30 | −$11.1M | −$8.2M | — | — |
| Q2 2012 | 2012-06-30 | $2.6M | $4.6M | — | — |
| Q1 2012 | 2012-03-31 | −$4.1M | $7.9M | — | — |
| Q4 2011 | 2011-12-31 | −$1.5M | $29.3M | — | — |
| Q3 2011 | 2011-09-30 | −$2.9M | — | — | — |
| Q2 2011 | 2011-06-30 | −$1.9M | — | — | — |
| Q1 2011 | 2011-03-31 | −$12.0M | — | — | — |
| Q3 2010 | 2010-09-30 | −$30.9M | — | — | — |
VirnetX Holding free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $281.4M to −$15.7M, a net decrease of $297.1M. VirnetX Holding's latest reported quarter, Q3 2025, generated −$3.0M in free cash flow, a decrease of $891,000 year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review VirnetX Holding filings at SEC.gov ↗