VirnetX Holding Operating Expenses Growth & History (VHC)
VirnetX Holding's operating expenses was $19.6M for fiscal 2025.
View full VirnetX Holding company overviewVirnetX Holding annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $19.6M | −$800,000 | −3.92% |
| 2024 | 2024-12-31 | $20.4M | −$11.1M | −35.13% |
| 2023 | 2023-12-31 | $31.5M | $9.3M | +42.16% |
| 2022 | 2022-12-31 | $22.1M | −$27.1M | −55.04% |
| 2021 | 2021-12-31 | $49.2M | −$95.5M | −66.00% |
| 2020 | 2020-12-31 | $144.7M | $125.0M | +632.88% |
| 2019 | 2019-12-31 | $19.8M | −$5.8M | −22.61% |
| 2018 | 2018-12-31 | $25.5M | $6.7M | +35.26% |
| 2017 | 2017-12-31 | $18.9M | −$11.2M | −37.22% |
| 2016 | 2016-12-31 | $30.1M | −$677,000 | −2.20% |
| 2015 | 2015-12-31 | $30.7M | $17.3M | +129.10% |
| 2014 | 2014-12-31 | $13.4M | −$17.4M | −56.43% |
| 2013 | 2013-12-31 | $30.8M | −$8.5M | −21.62% |
| 2012 | 2012-12-31 | $39.3M | $21.9M | +125.76% |
| 2011 | 2011-12-31 | $17.4M | −$87.2M | −83.37% |
| 2010 | 2010-12-31 | $104.6M | $91.5M | +697.75% |
| 2009 | 2009-12-31 | $13.1M | — | — |
VirnetX Holding quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.7M | $660,000 | +16.53% |
| Q1 2026 | 2026-03-31 | $4.5M | $461,000 | +11.39% |
| Q4 2025 | 2025-12-31 | $6.9M | $192,000 | +2.88% |
| Q3 2025 | 2025-09-30 | $4.7M | $313,000 | +7.13% |
| Q2 2025 | 2025-06-30 | $4.0M | −$424,000 | −9.60% |
| Q1 2025 | 2025-03-31 | $4.0M | −$881,000 | −17.88% |
| Q4 2024 | 2024-12-31 | $6.7M | −$1.1M | −14.25% |
| Q3 2024 | 2024-09-30 | $4.4M | −$1.2M | −22.15% |
| Q2 2024 | 2024-06-30 | $4.4M | −$7.7M | −63.57% |
| Q1 2024 | 2024-03-31 | $4.9M | −$988,000 | −16.70% |
| Q4 2023 | 2023-12-31 | $7.8M | −$279,000 | −3.46% |
| Q3 2023 | 2023-09-30 | $5.6M | $279,000 | +5.21% |
| Q2 2023 | 2023-06-30 | $12.1M | $7.8M | +181.82% |
| Q1 2023 | 2023-03-31 | $5.9M | $1.5M | +34.21% |
| Q4 2022 | 2022-12-31 | $8.1M | $901,000 | +12.59% |
| Q3 2022 | 2022-09-30 | $5.4M | $1.1M | +26.39% |
| Q2 2022 | 2022-06-30 | $4.3M | $144,000 | +3.46% |
| Q1 2022 | 2022-03-31 | $4.4M | −$29.2M | −86.90% |
| Q4 2021 | 2021-12-31 | $7.2M | −$2.3M | −24.65% |
| Q3 2021 | 2021-09-30 | $4.2M | −$1.1M | −20.91% |
| Q2 2021 | 2021-06-30 | $4.2M | −$6.3M | −60.42% |
| Q1 2021 | 2021-03-31 | $33.7M | −$85.7M | −71.81% |
| Q4 2020 | 2020-12-31 | $9.5M | $5.0M | +109.26% |
| Q3 2020 | 2020-09-30 | $5.4M | $381,000 | +7.65% |
| Q2 2020 | 2020-06-30 | $10.5M | $5.9M | +128.85% |
| Q1 2020 | 2020-03-31 | $119.4M | $113.7M | +2015.95% |
| Q4 2019 | 2019-12-31 | $4.5M | −$1.9M | −29.89% |
| Q3 2019 | 2019-09-30 | $5.0M | $25,000 | +0.50% |
| Q2 2019 | 2019-06-30 | $4.6M | −$1.9M | −29.14% |
| Q1 2019 | 2019-03-31 | $5.6M | −$2.0M | −25.90% |
| Q4 2018 | 2018-12-31 | $6.5M | $30,000 | +0.47% |
| Q3 2018 | 2018-09-30 | $5.0M | $1.0M | +25.86% |
| Q2 2018 | 2018-06-30 | $6.5M | $2.3M | +53.98% |
| Q1 2018 | 2018-03-31 | $7.6M | $3.3M | +77.86% |
| Q4 2017 | 2017-12-31 | $6.4M | −$1.2M | −15.77% |
| Q3 2017 | 2017-09-30 | $3.9M | −$3.7M | −48.62% |
| Q2 2017 | 2017-06-30 | $4.2M | −$1.5M | −26.85% |
| Q1 2017 | 2017-03-31 | $4.3M | −$4.7M | −52.40% |
| Q4 2016 | 2016-12-31 | $7.6M | −$505,000 | −6.19% |
| Q3 2016 | 2016-09-30 | $7.7M | $1.2M | +18.30% |
| Q2 2016 | 2016-06-30 | $5.8M | −$4.2M | −42.30% |
| Q1 2016 | 2016-03-31 | $9.0M | $2.9M | +46.61% |
| Q4 2015 | 2015-12-31 | $8.2M | — | — |
| Q3 2015 | 2015-09-30 | $6.5M | −$65,000 | −0.99% |
| Q2 2015 | 2015-06-30 | $10.0M | $3.5M | +54.79% |
| Q1 2015 | 2015-03-31 | $6.1M | −$1.1M | −14.84% |
| Q3 2014 | 2014-09-30 | $6.5M | −$203,000 | −3.01% |
| Q2 2014 | 2014-06-30 | $6.4M | −$145,000 | −2.20% |
| Q1 2014 | 2014-03-31 | $7.2M | −$2.6M | −26.66% |
| Q4 2013 | 2013-12-31 | $7.6M | −$2.9M | −27.59% |
| Q3 2013 | 2013-09-30 | $6.7M | −$3.0M | −30.74% |
| Q2 2013 | 2013-06-30 | $6.6M | −$5.2M | −44.06% |
| Q1 2013 | 2013-03-31 | $9.8M | $2.6M | +35.98% |
| Q4 2012 | 2012-12-31 | $10.5M | $3.9M | +57.59% |
| Q3 2012 | 2012-09-30 | $9.7M | $5.6M | +132.82% |
| Q2 2012 | 2012-06-30 | $11.8M | $8.0M | +213.45% |
| Q1 2012 | 2012-03-31 | $7.2M | $4.5M | +160.85% |
| Q4 2011 | 2011-12-31 | $6.7M | — | — |
| Q3 2011 | 2011-09-30 | $4.2M | $1.7M | +70.80% |
| Q2 2011 | 2011-06-30 | $3.8M | −$111.3M | −96.74% |
| Q1 2011 | 2011-03-31 | $2.8M | — | — |
| Q3 2010 | 2010-09-30 | $2.4M | — | — |
| Q2 2010 | 2010-06-30 | $115.1M | — | — |
VirnetX Holding operating expenses trends
Over the last five fiscal years, VirnetX Holding's operating expenses decreased from $144.7M to $19.6M, a change of −$125.1M. The latest reported quarter, Q2 2026, shows $4.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review VirnetX Holding source filings ↗