Growth Metrics

Varonis Systems (VRNS) Cost of Revenue (2016 - 2026)

Varonis Systems' Cost of Revenue history spans 14 years, with the latest figure at $41.6 million for Q1 2026.

  • Quarterly Cost of Revenue rose 43.26% to $41.6 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $313.9 million through Mar 2026, down 8.76% year-over-year, with the annual reading at $301.3 million for FY2025, 4.35% up from the prior year.
  • Cost of Revenue came in at $41.6 million for Q1 2026, down from $205.9 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $222.3 million in Q4 2022 to a low of -$135.6 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $41.6 million (2026), against an average of $63.4 million.
  • Year-over-year, Cost of Revenue plummeted 160.99% in 2023 and then skyrocketed 303.85% in 2024.
  • Varonis Systems' Cost of Revenue stood at $222.3 million in 2022, then crashed by 160.99% to -$135.6 million in 2023, then surged by 262.99% to $221.0 million in 2024, then fell by 6.81% to $205.9 million in 2025, then plummeted by 79.81% to $41.6 million in 2026.
  • Per Business Quant, the three most recent readings for VRNS's Cost of Revenue are $41.6 million (Q1 2026), $205.9 million (Q4 2025), and $35.1 million (Q3 2025).