Varonis Systems (VRNS) EBT (2013 - 2026)
Varonis Systems (VRNS) posted EBT of -$41.4 million for Q2 2026, down 3.39% on a QoQ basis from -$40.0 million in Q1 2026, and down 31.06% year-over-year from -$60.0 million in Q2 2025.
Analysis
Varonis Systems (VRNS) EBT (2013 - 2026) Analysis & Trends
Varonis Systems has reported EBT for 14 years, with the latest figure at -$41.4 million in Q2 2026.
- On a quarterly basis, EBT fell 31.06% year-over-year to -$41.4 million in Q2 2026; TTM through Jun 2026 was -$134.3 million, a 54.88% decrease from a year earlier, with the FY2025 full-year figure at -$116.3 million, down 40.13% from the prior year.
- EBT was -$41.4 million for Q2 2026 at Varonis Systems, down from -$40.0 million in the prior quarter.
- The five-year high for EBT was $189000.0 in Q4 2023, with the low at -$47.3 million in Q1 2022.
- Average EBT over 5 years is -$26.6 million, with a median of -$29.7 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: EBT jumped 103.3% in 2023, then slumped 5362.96% in 2024.
- Over 5 years, EBT stood at -$5.7 million in 2022, then jumped by 103.3% to $189000.0 in 2023, then plunged by 5362.96% to -$9.9 million in 2024, then tumbled by 149.24% to -$24.8 million in 2025, then slumped by 66.97% to -$41.4 million in 2026.
- The last three EBT figures came in at -$41.4 million (Q2 2026), -$40.0 million (Q1 2026), and -$24.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 267.62 Bn | 264.51 Bn | 2.03 Bn | -156.00 Mn |
| 2 | CrowdStrike Holdings | 213.72 Bn | 208.71 Bn | 1.10 Bn | 3.93 Mn |
| 3 | Fortinet | 113.90 Bn | 109.83 Bn | 1.64 Bn | 720.20 Mn |
| 4 | Axon Enterprise | 41.02 Bn | 40.35 Bn | 546.45 Mn | 32.68 Mn |
| 5 | Zscaler | 25.82 Bn | 22.34 Bn | - | - |
| 6 | F5 | 22.06 Bn | 20.46 Bn | 711.51 Mn | 226.20 Mn |
| 7 | Rubrik | 18.84 Bn | 17.09 Bn | 335.12 Mn | -56.30 Mn |
| 8 | Gen Digital | 17.85 Bn | 17.28 Bn | 1.03 Bn | 323.00 Mn |
| 9 | Check Point Software Technologies | 14.24 Bn | 11.96 Bn | 574.10 Mn | 226.60 Mn |
| 10 | Varonis Systems | 5.17 Bn | 4.51 Bn | 135.51 Mn | -41.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -41.39 Mn |
| Mar 31, 2026 | -40.04 Mn |
| Dec 31, 2025 | -24.79 Mn |
| Sep 30, 2025 | -28.13 Mn |
| Jun 30, 2025 | -31.59 Mn |
| Mar 31, 2025 | -31.82 Mn |
| Dec 31, 2024 | -9.95 Mn |
| Sep 30, 2024 | -13.40 Mn |
| Jun 30, 2024 | -20.58 Mn |
| Mar 31, 2024 | -39.09 Mn |
| Dec 31, 2023 | 189,000.00 |
| Sep 30, 2023 | -20.51 Mn |
| Jun 30, 2023 | -31.25 Mn |
| Mar 31, 2023 | -35.34 Mn |
| Dec 31, 2022 | -5.72 Mn |
| Sep 30, 2022 | -23.15 Mn |
| Jun 30, 2022 | -34.59 Mn |
| Mar 31, 2022 | -47.35 Mn |
| Dec 31, 2021 | -21.92 Mn |
| Sep 30, 2021 | -21.79 Mn |