Company research / VRNS

Varonis Systems Inc (VRNS)

SEC name VARONIS SYSTEMS INC · CIK 0001361113 · Nasdaq · Services-Prepackaged Software

  • Sector Services
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Varonis Systems Inc reported revenue of $623.53M. Revenue grew 13.2% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $688.10M.

Key ratios (year ended 2025-12-31)

78.8%
Gross margin
-23.5%
Operating margin
-20.7%
Net margin
-21.6%
Return on year-end equity
13.2%
Revenue growth (YoY)

Beyond the statements

Follow the company.

Explore new filings, reported insider transactions and company relationships.

Open company research ↗

Latest selected filing: Form 8-K (current report) · 2026-10-15

Headquarters locality: New York City · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$688.10M$623.53M$550.95M$499.16M$473.63M$390.13M$292.69M$254.19M$270.29M$215.39M$165.86M
Cost of Revenue$157.79M$131.97M$93.85M$71.75M$69.84M$59.40M$44.26M$35.14M$27.68M$20.71M$15.74M
Gross Profit$530.31M$491.56M$457.10M$427.41M$403.80M$330.74M$248.43M$219.05M$242.60M$194.68M$150.13M
R&D Expense$270.46M$237.81M$196.76M$183.84M$177.88M$137.88M$99.36M$80.76M$69.97M$47.37M$36.66M
Operating Income-$151.31M-$146.51M-$117.65M-$117.22M-$121.23M-$98.69M-$78.42M-$75.99M-$29.14M-$13.42M-$11.99M
Depreciation & Amortization$18.86M$12.31M$11.13M$11.70M$12.18M$10.89M$10.17M$6.32Mn/an/an/a
EBITDA-$132.45M-$134.21M-$106.53M-$105.52M-$109.05M-$87.81M-$68.25M-$69.67Mn/an/an/a
Net Income-$141.38M-$129.32M-$95.77M-$100.92M-$124.52M-$116.86M-$94.01M-$78.76M-$28.58M-$13.84M-$14.19M
EPS (Diluted)n/a-$1.13-$0.86-$0.92-$1.14-$1.11-$1.00n/an/an/an/a
Total Assets$1.65B$1.79B$1.66B$1.10B$1.04B$1.11B$555.48M$318.31M$284.98M$245.64M$181.84M
Shareholders' Equity$444.49M$598.66M$455.66M$489.65M$502.12M$596.59M$94.07M$93.53M$125.37M$114.64M$95.95M
Cash & Equivalents$233.64M$202.48M$185.59M$230.74M$367.80M$805.76M$234.09M$68.93M$48.71M$56.69M$48.31M
Operating Cash Flow$138.21M$147.43M$115.20M$59.42M$11.87M$7.18M-$5.84M-$10.68M$23.55M$16.35M$7.35M
Capital Expenditures$16.26M$12.63M$6.69M$5.10M$11.40M$10.49M$10.12M$25.39M$9.58M$5.31M$3.83M
Free Cash Flow$121.94M$134.80M$108.51M$54.32M$475.0K-$3.31M-$15.96M-$36.08M$13.96M$11.04M$3.52M
Share Repurchases$150.00M$115.00M$0$43.52M$56.44M$0$0n/an/an/an/a
Shares Outstanding114.85M117.55M112.55M109.10M107.67M107.51M95.46M30.58M29.58M28.15M26.82M
Weighted Average Diluted Sharesn/a114.41M111.66M109.14M109.28M105.31M94.34M90.77Mn/an/an/a
EPS (Basic)n/a-$1.13-$0.86-$0.92-$1.14-$1.11-$1.00n/an/an/an/a

Price chart

Chart and quotes by TradingView. Exchange coverage and delays vary.

Open chart on TradingView