Varonis Systems VRNS
NASDAQ VRNS
$43.75 +0.58 (+1.34%)
At close: Aug 18, 2026 · 3:59 PM UTC

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

Varonis Systems (VRNS) posted quarterly EBITDA Margin of 22.57% for Q2 2026, up 145.0% year-over-year from 9.21% in Q2 2025, and up 12.15% quarter-over-quarter from 25.69% in Q1 2026.

Varonis Systems (VRNS) EBITDA Margin (2013 - 2026) Analysis & Trends

Varonis Systems' EBITDA Margin history runs 14 years deep, the most recent figure standing at 22.57% for Q2 2026.

  • In Q2 2026, EBITDA Margin rose 145.0% year-over-year to 22.57%; the TTM figure through Jun 2026 stood at 21.99% (down 157.0% YoY), while the FY2025 annual figure was 23.5%, down 214.0% from the prior year.
  • EBITDA Margin for Q2 2026 stood at 22.57%, up from 25.69% in the prior quarter.
  • The five-year high for EBITDA Margin was 3.4% in Q4 2023, with the low at 49.95% in Q1 2022.
  • The 5-year median for EBITDA Margin is 23.2% (2023), against an average of 24.9%.
  • Peak annual rise in EBITDA Margin reached 1230 bps in 2024, while the deepest fall reached 767 bps in 2024.
  • Varonis Systems' EBITDA Margin stood at 7.01% in 2022, then soared by 51 bps to 3.4% in 2023, then sank by 225 bps to 11.07% in 2024, then tumbled by 58 bps to 17.46% in 2025, then retreated by 29 bps to 22.57% in 2026.
  • Business Quant data shows VRNS's EBITDA Margin at 22.57% in Q2 2026, 25.69% in Q1 2026, and 17.46% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Microsoft 3,576.39 Bn 3,443.64 Bn 60.48 Bn 45.11%
2 Palantir Technologies 412.58 Bn 403.17 Bn 1.64 Bn 47.12%
3 Oracle 407.66 Bn 375.77 Bn - 31.97%
4 Palo Alto Networks 299.27 Bn 296.16 Bn 2.03 Bn -6.10%
5 Fortinet 115.83 Bn 111.76 Bn 1.64 Bn 33.66%
6 Cloudflare 106.65 Bn 102.48 Bn 499.52 Mn -29.55%
7 Synopsys 76.61 Bn 74.41 Bn 1.77 Bn 8.43%
8 CoreWeave 51.53 Bn 45.99 Bn 1.70 Bn -1.90%
9 Block 47.55 Bn 41.12 Bn 3.17 Bn 6.75%
10 Varonis Systems 4.99 Bn 4.33 Bn 135.51 Mn -22.57%

Historic Data

Download Data
DateValue
Jun 30, 2026 -22.57%
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%