Varonis Systems (VRNS) EBITDA (2013 - 2026)
Varonis Systems (VRNS) posted quarterly EBITDA of -$40.6 million for Q2 2026, down 11.16% year-over-year from -$45.7 million in Q2 2025, and up 8.66% quarter-over-quarter from -$44.5 million in Q1 2026.
Varonis Systems (VRNS) EBITDA (2013 - 2026) Analysis & Trends
Varonis Systems' EBITDA history runs 14 years deep, the most recent figure standing at -$40.6 million for Q2 2026.
- In Q2 2026, EBITDA fell 11.16% year-over-year to -$40.6 million; the TTM figure through Jun 2026 stood at -$151.3 million (down 24.52% YoY), while the FY2025 annual figure was -$146.5 million, down 24.53% from the prior year.
- EBITDA for Q2 2026 stood at -$40.6 million, up from -$44.5 million in the prior quarter.
- The five-year high for EBITDA was -$5.2 million in Q4 2023, with the low at -$48.1 million in Q1 2022.
- The 5-year median for EBITDA is -$36.2 million (2025), against an average of -$32.7 million.
- The sharpest annual moves came in 2023 and 2024: EBITDA soared 47.52% in 2023, then plunged 234.71% in 2024.
- Varonis Systems' EBITDA stood at -$10.0 million in 2022, then jumped by 47.52% to -$5.2 million in 2023, then slumped by 234.71% to -$17.6 million in 2024, then tumbled by 72.41% to -$30.3 million in 2025, then plunged by 34.26% to -$40.6 million in 2026.
- Business Quant data shows VRNS's EBITDA at -$40.6 million in Q2 2026, -$44.5 million in Q1 2026, and -$30.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 40.60 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 912.00 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 6.13 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -183.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 689.30 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -205.70 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 203.05 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -49.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 446.87 Mn |
| 10 | Varonis Systems | 4.99 Bn | 4.33 Bn | 135.51 Mn | -40.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -40.63 Mn |
| 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 |