Varonis Systems Inc
VRNS
NASDAQ
Technology
$41.23
USD
+0.38 (+0.93%)
At close: Aug 21, 2026, 4:00 PM EDT
Market Cap $5.11B
Volume 1.1M
Revenue
$688.10M
TTM
+15.6%
YoY
Gross Margin
77%
TTM
-5.4%
YoY
Net Income
$-141.38M
TTM
-37.4%
YoY
Operating Cash Flow
$138.21M
TTM
+1.5%
YoY
Revenue & Net Income
USD Millions
Margins Trend
Percent of revenue
Income Statement Detail
USD Millions, except per-share and share count figures
Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|
Revenue | 152.2 | 161.6 | 173.4 | 173.1 | 180.0 |
YoY Growth | +16.7% | +9.1% | +9.4% | +26.9% | +18.3% |
Cost of Revenue | 31.2 | 35.1 | 36.6 | 41.6 | 44.5 |
Gross Profit | 120.9 | 126.4 | 136.8 | 131.6 | 135.5 |
Selling, General & Administrative | 101.2 | 99.6 | 102.5 | 106.3 | 102.8 |
Other Operating Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Total Operating Expenses | 157.5 | 162.4 | 167.1 | 176.0 | 176.1 |
Operating Income | -36.6 | -35.9 | -30.3 | -44.5 | -40.6 |
EBITDA | -34.0 | 6.0 | -64.9 | -40.1 | -33.5 |
Other Income / Expense | 0.0 | 7.8 | 5.5 | 4.4 | 0.0 |
Total Other Income / Expense | 5.0 | 7.8 | 5.5 | 4.4 | -0.8 |
Income Before Income Taxes | -31.6 | -28.1 | -24.8 | -40.0 | -41.4 |
Income Taxes | 4.2 | 1.8 | 3.0 | -3.2 | 5.4 |
Net Income | -35.8 | -29.9 | -27.8 | -36.9 | -46.8 |
Consolidated Net Income / Loss | -35.8 | -29.9 | -27.8 | -36.9 | -46.8 |
Net Income Attributable to Common Shareholders | -35.8 | -29.9 | -27.8 | -36.9 | -46.8 |
Basic EPS | -$0.32 | -$0.26 | -$0.24 | -$0.32 | -$0.41 |
Diluted EPS | -$0.32 | -$0.26 | -$0.24 | -$0.32 | -$0.41 |
Basic Shares Outstanding | 112.1M | 115.0M | 118.0M | 115.8M | 114.8M |
Diluted Shares Outstanding | 112.1M | 115.0M | 118.0M | 115.8M | 114.8M |