VirnetX Holding Corp Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
VirnetX Holding Corp quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • VirnetX Holding Corp Operating Margin for the quarter ending June 30, 2024 was -379K %, a 56.8% decline year-over-year.
  • VirnetX Holding Corp annual Operating Margin for 2023 was -449K %, a 877% decline from 2022.
  • VirnetX Holding Corp annual Operating Margin for 2022 was -46K %, a 67.3% increase from 2021.
  • VirnetX Holding Corp annual Operating Margin for 2021 was -140K %, a 269393% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -449K -403K -877% Jan 1, 2023 Dec 31, 2023
2022 -46K +94.5K +67.3% Jan 1, 2022 Dec 31, 2022
2021 -140K -141K -269393% Jan 1, 2021 Dec 31, 2021
2020 52.2 +23.2K Jan 1, 2020 Dec 31, 2020
2019 -23.1K +17.3K +42.7% Jan 1, 2019 Dec 31, 2019
2018 -40.4K -39.3K -3509% Jan 1, 2018 Dec 31, 2018
2017 -1.12K +719 +39.1% Jan 1, 2017 Dec 31, 2017
2016 -1.84K Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.