Varonis Systems (VRNS) Cost of Revenue (2016 - 2025)
Varonis Systems has reported Cost of Revenue over the past 13 years, most recently at $36.6 million for Q4 2025.
- Quarterly results put Cost of Revenue at $36.6 million for Q4 2025, down 83.46% from a year ago — trailing twelve months through Dec 2025 was $259.9 million (down 32.67% YoY), and the annual figure for FY2025 was $132.0 million, down 54.3%.
- Cost of Revenue for Q4 2025 was $36.6 million at Varonis Systems, down from $74.0 million in the prior quarter.
- Over the last five years, Cost of Revenue for VRNS hit a ceiling of $222.3 million in Q4 2022 and a floor of $14.3 million in Q3 2021.
- Median Cost of Revenue over the past 5 years was $69.3 million (2022), compared with a mean of $75.4 million.
- Biggest five-year swings in Cost of Revenue: soared 1410.94% in 2021 and later crashed 83.46% in 2025.
- Varonis Systems' Cost of Revenue stood at $188.3 million in 2021, then rose by 18.05% to $222.3 million in 2022, then tumbled by 68.25% to $70.6 million in 2023, then skyrocketed by 213.14% to $221.0 million in 2024, then crashed by 83.46% to $36.6 million in 2025.
- The last three reported values for Cost of Revenue were $36.6 million (Q4 2025), $74.0 million (Q3 2025), and $76.6 million (Q2 2025) per Business Quant data.