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Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data. The company also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions.
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $292.7M | $390.1M | $473.6M | $499.2M | $551.0M | $623.5M |
| Gross profit | $248.4M | $330.7M | $403.8M | $427.4M | $457.1M | $491.6M |
| Operating income | -$78.4M | -$98.7M | -$121.2M | -$117.2M | -$117.7M | -$146.5M |
| Net income | -$94.0M | -$116.9M | -$124.5M | -$100.9M | -$95.8M | -$129.3M |
| Diluted EPS | -$1.00 | -$1.11 | -$1.14 | -$0.92 | -$0.86 | -$1.13 |
| Operating cash flow | -$5.8M | $7.2M | $11.9M | $59.4M | $115.2M | $147.4M |
| Free cash flow | -$16.0M | -$3.3M | $475,000.00 | $54.3M | $108.5M | $134.8M |
| Gross margin | 84.9% | 84.8% | 85.3% | 85.6% | 83.0% | 78.8% |
| Operating margin | -26.8% | -25.3% | -25.6% | -23.5% | -21.4% | -23.5% |
| Net margin | -32.1% | -30.0% | -26.3% | -20.2% | -17.4% | -20.7% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $130.3M | $148.1M | $158.5M | $136.4M | $152.2M | $161.6M | $173.4M | $173.1M |
| Gross profit | $107.9M | $124.1M | $132.5M | $107.4M | $120.9M | $126.4M | $136.8M | $131.6M |
| Operating income | -$28.8M | -$23.6M | -$17.6M | -$43.8M | -$36.6M | -$35.9M | -$30.3M | -$44.5M |
| Net income | -$23.9M | -$18.3M | -$13.0M | -$35.8M | -$35.8M | -$29.9M | -$27.8M | -$36.9M |
| Diluted EPS | -$0.21 | -$0.16 | -$0.12 | -$0.32 | -$0.32 | -$0.26 | -$0.23 | -$0.32 |
| Operating cash flow | $11.7M | $22.5M | $24.3M | $68.0M | $21.3M | $33.4M | $24.7M | $55.0M |
| Free cash flow | $10.9M | $21.3M | $19.9M | $65.7M | $18.0M | $30.4M | $20.7M | $50.1M |
| Gross margin | 82.8% | 83.8% | 83.6% | 78.7% | 79.5% | 78.2% | 78.9% | 76.0% |
| Operating margin | -22.1% | -16.0% | -11.1% | -32.1% | -24.0% | -22.2% | -17.5% | -25.7% |
| Net margin | -18.4% | -12.4% | -8.2% | -26.2% | -23.5% | -18.5% | -16.0% | -21.3% |
Consensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.