Varonis Systems (VRNS) Convertible Debt (2020 - 2026)
Varonis Systems (VRNS) posted Convertible Debt of $453.3 million for Q2 2026, little changed on a QoQ basis from $452.8 million in Q1 2026, and little changed year-over-year from $451.2 million in Q2 2025.
Analysis
Varonis Systems (VRNS) Convertible Debt (2020 - 2026) Analysis & Trends
Varonis Systems has reported Convertible Debt for 7 years, with the latest figure at $453.3 million in Q2 2026.
- On a quarterly basis, Convertible Debt changed 0.45% year-over-year to $453.3 million in Q2 2026; TTM through Jun 2026 was $453.3 million, a 0.45% change from a year earlier, with the FY2025 full-year figure at $452.3 million, changed 0.45% from the prior year.
- Convertible Debt was $453.3 million for Q2 2026 at Varonis Systems, roughly flat from $452.8 million in the prior quarter.
- The five-year high for Convertible Debt was $453.3 million in Q2 2026, with the low at $247.8 million in Q1 2022.
- Average Convertible Debt over 5 years is $339.3 million, with a median of $251.0 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Convertible Debt surged 79.83% in 2024, then increased 0.44% in 2025.
- Over 5 years, Convertible Debt stood at $249.0 million in 2022, then climbed by 0.61% to $250.5 million in 2023, then jumped by 79.75% to $450.2 million in 2024, then advanced by 0.45% to $452.3 million in 2025, then advanced by 0.23% to $453.3 million in 2026.
- The last three Convertible Debt figures came in at $453.3 million (Q2 2026), $452.8 million (Q1 2026), and $452.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn |
| 10 | Varonis Systems | 5.21 Bn | 4.55 Bn | 135.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 453.28 Mn |
| Mar 31, 2026 | 452.77 Mn |
| Dec 31, 2025 | 452.26 Mn |
| Sep 30, 2025 | 451.75 Mn |
| Jun 30, 2025 | 451.25 Mn |
| Mar 31, 2025 | 450.75 Mn |
| Dec 31, 2024 | 450.24 Mn |
| Sep 30, 2024 | 449.76 Mn |
| Jun 30, 2024 | 251.24 Mn |
| Mar 31, 2024 | 250.86 Mn |
| Dec 31, 2023 | 250.48 Mn |
| Sep 30, 2023 | 250.10 Mn |
| Jun 30, 2023 | 249.72 Mn |
| Mar 31, 2023 | 249.34 Mn |
| Dec 31, 2022 | 248.96 Mn |
| Sep 30, 2022 | 248.59 Mn |
| Jun 30, 2022 | 248.22 Mn |
| Mar 31, 2022 | 247.85 Mn |
| Dec 31, 2021 | 225.33 Mn |
| Sep 30, 2021 | 223.58 Mn |