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

Varonis Systems' Cost of Revenue history runs 14 years deep, the most recent figure standing at $41.6 million for Q1 2026.

• On a quarterly basis, Cost of Revenue rose 43.26% year-over-year to $41.6 million in Q1 2026; TTM through Mar 2026 was $144.5 million, a 42.37% 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 rose to $41.6 million in Q1 2026 per VRNS's latest filing, from $36.6 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $41.6 million in Q1 2026 and bottomed at $17.0 million in Q4 2022.
• The 5-year median for Cost of Revenue is $21.3 million (2024), against an average of $24.1 million.
• Across the five-year window, Cost of Revenue retreated 2.32% in 2023 and jumped 46.41% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $17.0 million in 2022, then climbed by 13.61% to $19.3 million in 2023, then soared by 34.67% to $26.1 million in 2024, then jumped by 40.31% to $36.6 million in 2025, then advanced by 13.71% to $41.6 million in 2026.
• Per Business Quant, the three latest VRNS Cost of Revenue figures stand at $41.6 million (Q1 2026), $36.6 million (Q4 2025), and $35.1 million (Q3 2025).