Varonis Systems (VRNS) EBIT (2013 - 2026)

Varonis Systems' (VRNS) quarterly EBIT came in at -$44.5 million in Q1 2026, down 1.63% year-on-year from -$45.2 million in Q1 2025, and down 46.99% quarter-over-quarter from -$30.3 million in Q4 2025.

Varonis Systems (VRNS) EBIT (2013 - 2026) Analysis & Trends

Varonis Systems' EBIT history runs 14 years deep, the most recent figure standing at -$44.5 million for Q1 2026.

  • On a quarterly basis, EBIT fell 1.63% year-over-year to -$44.5 million in Q1 2026; TTM through Mar 2026 was -$147.2 million, a 29.39% decrease from a year earlier, with the FY2025 full-year figure at -$146.5 million, down 24.53% from the prior year.
  • EBIT slipped to -$44.5 million in Q1 2026 per VRNS's latest filing, from -$30.3 million in the prior quarter.
  • Across five years, EBIT topped out at -$5.2 million in Q4 2023 and bottomed at -$48.1 million in Q1 2022.
  • The 5-year median for EBIT is -$35.9 million (2025), against an average of -$32.2 million.
  • Across the five-year window, EBIT soared 47.52% in 2023 and sank 234.71% in 2024, its largest moves.
  • Year by year, EBIT stood at -$10.0 million in 2022, then surged by 47.52% to -$5.2 million in 2023, then sank by 234.71% to -$17.6 million in 2024, then slumped by 72.41% to -$30.3 million in 2025, then tumbled by 46.99% to -$44.5 million in 2026.
  • Per Business Quant, the three latest VRNS EBIT figures stand at -$44.5 million (Q1 2026), -$30.3 million (Q4 2025), and -$35.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 38.40 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 722.41 Mn
3 Oracle 344.13 Bn 312.24 Bn - 6.13 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 754.00 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 397.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 13.79 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 580.00 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -61.99 Mn
10 Varonis Systems 5.19 Bn 4.97 Bn 131.56 Mn -44.48 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -44.48 Mn
Dec 31, 2025 -30.26 Mn
Sep 30, 2025 -35.93 Mn
Jun 30, 2025 -36.55 Mn
Mar 31, 2025 -43.77 Mn
Dec 31, 2024 -17.55 Mn
Sep 30, 2024 -23.64 Mn
Jun 30, 2024 -28.83 Mn
Mar 31, 2024 -47.63 Mn
Dec 31, 2023 -5.24 Mn
Sep 30, 2023 -29.15 Mn
Jun 30, 2023 -39.72 Mn
Mar 31, 2023 -43.12 Mn
Dec 31, 2022 -9.99 Mn
Sep 30, 2022 -25.58 Mn
Jun 30, 2022 -37.57 Mn
Mar 31, 2022 -48.09 Mn
Dec 31, 2021 -17.83 Mn
Sep 30, 2021 -18.56 Mn
Jun 30, 2021 -28.23 Mn