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
DateValue
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%