Varonis Systems (VRNS) Cost of Revenue (2013 - 2026)

Varonis Systems has reported Cost of Revenue for 14 years, with the latest figure at $44.5 million in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 42.44% year-over-year to $44.5 million in Q2 2026; TTM through Jun 2026 was $157.8 million, a 43.02% increase from a year earlier, with the FY2025 full-year figure at $132.0 million, up 40.63% from the prior year.
• Cost of Revenue was $44.5 million for Q2 2026 at Varonis Systems, up from $41.6 million in the prior quarter.
• The five-year high for Cost of Revenue was $44.5 million in Q2 2026, with the low at $17.0 million in Q4 2022.
• Average Cost of Revenue over 5 years is $25.2 million, with a median of $21.9 million recorded in 2024.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue fell 2.32% in 2023, then soared 46.41% in 2025.
• Over 5 years, Cost of Revenue stood at $17.0 million in 2022, then grew by 13.61% to $19.3 million in 2023, then jumped by 34.67% to $26.1 million in 2024, then surged by 40.31% to $36.6 million in 2025, then climbed by 21.76% to $44.5 million in 2026.
• The last three Cost of Revenue figures came in at $44.5 million (Q2 2026), $41.6 million (Q1 2026), and $36.6 million (Q4 2025), per Business Quant data.