profit from every $100 of sales.
$0$100
VirnetX
$9.99+8.00% today
-57.2% in 1 year
1-year low $9.201-year high $24.52
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What VirnetX sold, what it kept, and what it did with the cash.
Sales went from $48,000 in 2022 to $162,000 in 2025, with -$18.2 million of profit last year.
SalesProfit
VirnetX vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| VirnetX | No profit yet | ||
 Microsoft | 28.9× · Fair price | ||
 Palantir Technologies | 255.6× · Very expensive | ||
 Oracle | 23.4× · Fair price | ||
 Palo Alto Networks | 241.4× · Very expensive |
AI analysis
An AI analyst reads VirnetX's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | |
| – | – | – | – | |
| -22 | -31 | -20 | -19 | |
| -22 | -31 | -20 | -19 | |
| -36 | -28 | -18 | -18 | |
| -10.17 | -7.79 | -5.05 | -5.00 | |
| – | – | – | – | |
| -45,991.7% | -449,214.3% | -407,940.0% | -11,691.4% | |
| -75,541.7% | -398,157.1% | -363,500.0% | -11,250.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 153 | 60 | 50 | 31 |
| Cash | 87 | 26 | 23 | 16 |
| Total debt | – | – | – | – |
| Total liabilities | 1 | 4 | 10 | 9 |
| 152 | 56 | 40 | 22 | |
| 4 | 4 | 4 | 4 | |
| -11.5% | -44.3% | -40.7% | -66.6% | |
| -23.8% | -49.8% | -45.9% | -81.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -17 | -25 | -15 | -16 | |
| – | 0 | 0 | 0 | |
| -17 | -25 | -15 | -16 | |
| Dividends paid | 0 | 71 | 0 | – |
| – | – | – | – | |
| 3 | 3 | 2 | 2 |
Valuation
- –
- –
- –
- 2.5×
- 258.8×
- –
- –
- -37.4%
- -43.5%
- 0.0%
Profitability
- 85.8%
- -11,691.4%
- -11,250.0%
- -11,375.3%
- -65.2%
- -42.4%
- -60.1%
- -58.7%
- -65.2%
- 3,490.1%
Growth
- +50.0%
- –
- −2.0%
- –
- +0.6%
Financial health
- -0.8×
- 0.00
- 0.0%
- –
- 10.70
- 10.70
- 0.01
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 1%of 974
Top 5%of 982
Bottom 1%of 985
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 15, 2026 | -1.16 | – | – |
| Mar 24, 2026 | -1.83 | – | – |
| Nov 14, 2025 | -1.18 | – | – |
| Aug 12, 2025 | -0.99 | – | – |
| May 14, 2025 | -1.01 | – | – |
| Mar 17, 2025 | -1.73 | – | – |
| Nov 13, 2024 | -1.07 | – | – |
| Aug 14, 2024 | -1.07 | – | – |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
43No pass
Benjamin Graham
49No pass
Philip Fisher
65Pass
Peter Lynch
100Pass
Joel Greenblatt
2No pass
Charlie Munger
60Pass
Terry Smith
59No pass
Questions about VirnetX
Is VirnetX a good stock to buy?
A business with weak numbers that is not profitable yet. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the VirnetX AI analysis
What does VirnetX do?
VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technology company primarily in the United States. It is in Software - Infrastructure.
Does VirnetX pay a dividend?
No. VirnetX does not pay a dividend at the moment.
Is VirnetX stock halal?
No. VirnetX does not pass our halal screen: its cash and confirmed interest-bearing investments are 37% of its market value, at or above the 33% limit. How we check
How has VirnetX stock done over the past year?
Down 57.2% over the past twelve months, to $9.99. It traded between $9.20 and $24.52 and is 59.3% below its high.
Who are VirnetX's competitors?
The largest listed companies in the same industry are Microsoft, Palantir Technologies, Oracle and Palo Alto Networks. The peers table on this page compares their profit, growth and price with VirnetX's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.