Varonis Systems (VRNS) EBIT Margin (2013 - 2026)
Varonis Systems' (VRNS) quarterly EBIT Margin came in at 25.69% in Q1 2026, up 639.0% year-on-year from 3.48% in Q1 2025, and down 47.19% quarter-over-quarter from 17.46% in Q4 2025.
Varonis Systems (VRNS) EBIT Margin (2013 - 2026) Analysis & Trends
Varonis Systems' EBIT Margin history runs 14 years deep, the most recent figure standing at 25.69% for Q1 2026.
- On a quarterly basis, EBIT Margin rose 639.0% year-over-year to 25.69% in Q1 2026; TTM through Mar 2026 was 22.3%, a 245.0% decrease from a year earlier, with the FY2025 full-year figure at 23.5%, down 214.0% from the prior year.
- EBIT Margin declined to 25.69% in Q1 2026 per VRNS's latest filing, from 17.46% in the prior quarter.
- Across five years, EBIT Margin topped out at 3.4% in Q4 2023 and bottomed at 49.95% in Q1 2022.
- The 5-year median for EBIT Margin is 23.83% (2023), against an average of 25.04%.
- Biggest YoY gain for EBIT Margin was 1230 bps in 2024; the steepest drop was 767 bps in 2024.
- Year by year, EBIT Margin stood at 7.01% in 2022, then jumped by 51 bps to 3.4% in 2023, then plunged by 225 bps to 11.07% in 2024, then slumped by 58 bps to 17.46% in 2025, then slumped by 47 bps to 25.69% in 2026.
- Per Business Quant, the three latest VRNS EBIT Margin figures stand at 25.69% (Q1 2026), 17.46% (Q4 2025), and 22.24% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 46.33% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 75.95% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 31.97% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 46.18% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 15.30% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 1.06% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 31.36% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -9.69% |
| 10 | Varonis Systems | 5.19 Bn | 4.97 Bn | 131.56 Mn | -25.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.69% |
| Dec 31, 2025 | -17.46% |
| Sep 30, 2025 | -22.24% |
| Jun 30, 2025 | -24.02% |
| Mar 31, 2025 | -32.08% |
| Dec 31, 2024 | -11.07% |
| Sep 30, 2024 | -15.97% |
| Jun 30, 2024 | -22.11% |
| Mar 31, 2024 | -41.78% |
| Dec 31, 2023 | -3.40% |
| Sep 30, 2023 | -23.83% |
| Jun 30, 2023 | -34.41% |
| Mar 31, 2023 | -40.17% |
| Dec 31, 2022 | -7.01% |
| Sep 30, 2022 | -20.75% |
| Jun 30, 2022 | -33.71% |
| Mar 31, 2022 | -49.95% |
| Dec 31, 2021 | -14.09% |
| Sep 30, 2021 | -18.49% |
| Jun 30, 2021 | -31.93% |