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
DateValue
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