Varonis Systems financials
$47.11−1.70%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $180.0M | $173.1M | $173.4M | $161.6M | $152.2M | $136.4M | $158.5M | $148.1M | $130.3M | $114.0M | $154.1M | $122.3M |
| Gross profit | $135.5M | $131.6M | $136.8M | $126.4M | $120.9M | $107.4M | $132.5M | $124.1M | $107.9M | $92.7M | $134.8M | $104.9M |
| Gross margin | 75.3% | 76.0% | 78.9% | 78.2% | 79.5% | 78.7% | 83.6% | 83.8% | 82.8% | 81.3% | 87.4% | 85.8% |
| Operating income | -$40.6M | -$44.5M | -$30.3M | -$35.9M | -$36.6M | -$43.8M | -$17.6M | -$23.6M | -$28.8M | -$47.6M | -$5.2M | -$29.1M |
| Net income | -$46.8M | -$36.9M | -$27.8M | -$29.9M | -$35.8M | -$35.8M | -$13.0M | -$18.3M | -$23.9M | -$40.5M | -$898.0K | -$23.0M |
| Net margin | −26.0% | −21.3% | −16.0% | −18.5% | −23.5% | −26.2% | −8.2% | −12.4% | −18.4% | −35.5% | −0.6% | −18.8% |
| Diluted EPS | $-0.41 | $-0.32 | $-0.24 | $-0.26 | $-0.32 | $-0.32 | $-0.12 | $-0.16 | $-0.21 | $-0.37 | $-0.01 | $-0.21 |
| EBITDA | -$33.5M | -$40.1M | -$64.9M | $6.0M | -$34.0M | -$41.3M | -$54.3M | $18.5M | -$37.1M | -$33.5M | -$5.2M | -$21.2M |
| Operating cash flow | $25.1M | $55.0M | $24.7M | $33.4M | $21.3M | $68.0M | $24.3M | $22.5M | $11.7M | $56.7M | $10.4M | $6.3M |
| Free cash flow | $20.7M | $50.1M | $20.7M | $30.4M | $18.0M | $65.7M | $19.9M | $21.3M | $10.9M | $56.4M | $8.3M | $6.0M |
| Diluted shares | 114.8M | 115.8M | 118.0M | 115.0M | 112.1M | 112.7M | 112.5M | 112.3M | 111.9M | 110.0M | 109.0M | 109.4M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $233.6M | $179.3M | $202.5M | $157.4M | $199.2M | $153.1M |
| Short-term investments | $426.5M | $568.2M | $681.2M | $513.9M | $571.6M | $414.5M |
| Total debt | $453.3M | $452.8M | $452.3M | $451.8M | $702.4M | $701.7M |
| Total assets | $1.65B | $1.63B | $1.79B | $1.67B | $1.62B | $1.58B |
| Total liabilities | $1.21B | $1.18B | $1.19B | $1.06B | $1.27B | $1.21B |
| Shareholders' equity | $444.5M | $453.5M | $598.7M | $604.8M | $341.5M | $367.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology