VirnetX Holding Corp
VHC Technology Software Infrastructure
VirnetX Holding Corp’s revenue for fiscal 2025 (year ended December 2025) was $162,000.00, up 3,140.0% from fiscal 2024. In the quarter to June 2026, revenue grew 2,700.0%, EPS fell 21.2% and free cash flow fell 13.3%, each against the same quarter a year earlier.
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VirnetX Holding Corp (VHC) EV/Sales
As of 16 October 2026, VirnetX Holding Corp (VHC) trades at a EV/Sales of 150×. Over the past ten years it has ranged from −4,102× (June 2024) to 6,997× (May 2019); the current reading is higher than 58% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 243× | — |
| FY2024 | −1,971× | — |
| FY2023 | −2,527× | — |
| FY2022 | −984× | — |
| FY2021 | 450× | 100,129.19% |
| FY2020 | 0.4× | (99.99%) |
| FY2019 | 3,000× | 33.34% |
| FY2018 | 2,250× | 1,502.90% |
| FY2017 | 140× | 102.80% |
| FY2016 | 69.2× | (7.17%) |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Dec 2025 | 243× | (30.77%) |
| Sep 2025 | 351× | 110.84% |
| Jun 2025 | 166× | — |
| Dec 2024 | −1,971× | — |
| 38 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| LIDR AEye, Inc. compare | −70.6× |
| AILEQ iLearningEngines, Inc. compare | n/m |
| XBP XBP Global Holdings, Inc. compare | 0.5× |
| LYLTQ Loyalty Ventures Inc. compare | 0.7× |
| REKR Rekor Systems, Inc. compare | 1.0× |
| AVX AVAX One Technology Ltd. compare | 2.7× |
| AIFC AI Financial Corporation compare | 3.2× |
| BNAI Brand Engagement Network Inc. compare | 76.5× |
| VHC VirnetX Holding Corp | 150× |
| Software Infrastructure industry median | 2.9× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)