VRNS
NASDAQ · Technology
Varonis Systems Inc
$47.56
-0.25 (-0.52%)
Financial Highlights (FY 2026)
Revenue
590.75M
Net Income
-122,522,179
Gross Margin
78.8%
Profit Margin
-20.7%
Rev Growth
+9.6%
D/E Ratio
0.76
Revenue & Net Income
Margin Trends
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Gross Margin | 78.8% | 78.8% | 51.5% | 51.5% |
| Operating Margin | -23.5% | -21.1% | 18.7% | 17.9% |
| Profit Margin | -20.7% | -19.7% | 17.1% | 16.8% |
Income Statement
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Revenue | 590.75M | 539.00M | 644.21M | 617.46M |
| Gross Profit | 465.69M | 424.90M | 331.61M | 317.84M |
| Operating Income | -138,825,553 | -113,999,085 | 120.36M | 110.76M |
| Net Income | -122,522,179 | -100,611,278 | 110.16M | 103.63M |
| Gross Margin | 78.8% | 78.8% | 51.5% | 51.5% |
| Operating Margin | -23.5% | -21.1% | 18.7% | 17.9% |
| Profit Margin | -20.7% | -19.7% | 17.1% | 16.8% |
| Rev Growth | +9.6% | +9.6% | -3.5% | +6.9% |
Balance Sheet
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Total Debt | 1.12B | 1.12B | 1.59B | 1.45B |
| Total Equity | 1.48B | 1.48B | 1.49B | 1.50B |
| D/E Ratio | 0.76 | 0.76 | 1.07 | 0.97 |
Cash Flow
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| EBITDA | -127,150,771 | -110,212,803 | 145.78M | 136.44M |
| Free Cash Flow | — | — | 97.63M | 81.12M |