Varonis Systems (VRNS) Depreciation and Depletion (2013 - 2021)
Varonis Systems (VRNS) posted quarterly Depreciation and Depletion of $2.3 million for Q1 2021, up 11.96% year-over-year from $2.1 million in Q1 2020, and down 9.09% on a QoQ basis from $2.6 million in Q4 2020.
Varonis Systems (VRNS) Depreciation and Depletion (2013 - 2021) Analysis & Trends
Varonis Systems (VRNS) has reported Depreciation and Depletion for 9 consecutive years, with $2.3 million the latest figure, recorded in Q1 2021.
- In Q1 2021, Depreciation and Depletion rose 11.96% year-over-year to $2.3 million; the TTM figure through Mar 2021 stood at $10.2 million (up 43.38% YoY), while the FY2025 annual figure was $11.3 million, up 14.12% from the prior year.
- Depreciation and Depletion came in at $2.3 million for Q1 2021 at Varonis Systems, down from $2.6 million in the prior quarter.
- The five-year high for Depreciation and Depletion was $3.1 million in Q3 2020, with the low at $622000.0 in Q1 2017.
- Average Depreciation and Depletion over 5 years is $1.5 million, with a median of $1.5 million recorded in 2019.
- Across the five-year window, Depreciation and Depletion soared 138.25% in 2017 and increased 11.96% in 2021, its largest moves.
- Year by year, Depreciation and Depletion stood at $1.4 million in 2017, then grew by 23.42% to $1.7 million in 2018, then increased by 19.39% to $2.0 million in 2019, then rose by 29.14% to $2.6 million in 2020, then fell by 9.09% to $2.3 million in 2021.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $2.3 million, $2.6 million, and $3.1 million for Q1 2021, Q4 2020, and Q3 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 9.00 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.42 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | - |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 29.50 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 49.20 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | - |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | - |
| 10 | Varonis Systems | 4.85 Bn | 4.63 Bn | 131.56 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | 2.35 Mn |
| Mar 31, 2021 | 2.35 Mn |
| Dec 31, 2020 | 2.58 Mn |
| Dec 31, 2020 | 2.58 Mn |
| Sep 30, 2020 | 3.11 Mn |
| Sep 30, 2020 | 3.11 Mn |
| Jun 30, 2020 | 2.11 Mn |
| Jun 30, 2020 | 2.11 Mn |
| Mar 31, 2020 | 2.10 Mn |
| Mar 31, 2020 | 2.10 Mn |
| Dec 31, 2019 | 2.00 Mn |
| Dec 31, 2019 | 2.00 Mn |
| Sep 30, 2019 | 1.50 Mn |
| Sep 30, 2019 | 1.50 Mn |
| Jun 30, 2019 | 1.48 Mn |
| Jun 30, 2019 | 1.48 Mn |
| Mar 31, 2019 | 1.34 Mn |
| Mar 31, 2019 | 1.34 Mn |
| Dec 31, 2018 | 1.68 Mn |
| Dec 31, 2018 | 1.68 Mn |