Varonis Systems (VRNS) Cost of Revenue (2016 - 2025)
Varonis Systems (VRNS) has 13 years of Cost of Revenue data on record, last reported at $205.9 million in Q4 2025.
- For Q4 2025, Cost of Revenue rose 273.34% year-over-year to $205.9 million; the TTM value through Dec 2025 reached $301.3 million, up 548.38%, while the annual FY2025 figure was $301.3 million, 221.1% up from the prior year.
- Cost of Revenue reached $205.9 million in Q4 2025 per VRNS's latest filing, up from -$53.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $225.5 million in Q4 2023 and bottomed at -$133.5 million in Q4 2022.
- Average Cost of Revenue over 5 years is $46.3 million, with a median of $60.5 million recorded in 2021.
- Peak YoY movement for Cost of Revenue: surged 405.83% in 2021, then crashed 324.62% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $108.4 million in 2021, then tumbled by 223.14% to -$133.5 million in 2022, then soared by 268.94% to $225.5 million in 2023, then tumbled by 152.69% to -$118.8 million in 2024, then surged by 273.34% to $205.9 million in 2025.
- Per Business Quant database, its latest 3 readings for Cost of Revenue were $205.9 million in Q4 2025, -$53.9 million in Q3 2025, and $76.6 million in Q2 2025.