Varonis Systems (VRNS) EBITDA Margin (2013 - 2026)

Varonis Systems' EBITDA Margin history runs 14 years deep, the most recent figure standing at 25.69% for Q1 2026.

• On a quarterly basis, EBITDA 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.
• EBITDA Margin declined to 25.69% in Q1 2026 per VRNS's latest filing, from 17.46% in the prior quarter.
• Across five years, EBITDA Margin topped out at 3.4% in Q4 2023 and bottomed at 49.95% in Q1 2022.
• The 5-year median for EBITDA Margin is 23.83% (2023), against an average of 25.04%.
• Biggest YoY gain for EBITDA Margin was 1230 bps in 2024; the steepest drop was 767 bps in 2024.
• Year by year, EBITDA 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 EBITDA Margin figures stand at 25.69% (Q1 2026), 17.46% (Q4 2025), and 22.24% (Q3 2025).