Varonis Systems (VRNS) EBT (2013 - 2026)
Varonis Systems' (VRNS) quarterly EBT came in at -$40.0 million in Q1 2026, down 25.84% year-on-year from -$54.0 million in Q1 2025, and down 61.48% quarter-over-quarter from -$24.8 million in Q4 2025.
Varonis Systems (VRNS) EBT (2013 - 2026) Analysis & Trends
Varonis Systems' EBT history runs 14 years deep, the most recent figure standing at -$40.0 million for Q1 2026.
- On a quarterly basis, EBT fell 25.84% year-over-year to -$40.0 million in Q1 2026; TTM through Mar 2026 was -$124.5 million, a 64.44% decrease from a year earlier, with the FY2025 full-year figure at -$116.3 million, down 40.13% from the prior year.
- EBT slipped to -$40.0 million in Q1 2026 per VRNS's latest filing, from -$24.8 million in the prior quarter.
- Across five years, EBT topped out at $189000.0 in Q4 2023 and bottomed at -$47.3 million in Q1 2022.
- The 5-year median for EBT is -$28.1 million (2025), against an average of -$25.7 million.
- Across the five-year window, EBT surged 103.3% in 2023 and tumbled 5362.96% in 2024, its largest moves.
- Year by year, EBT stood at -$5.7 million in 2022, then soared by 103.3% to $189000.0 in 2023, then tumbled by 5362.96% to -$9.9 million in 2024, then slumped by 149.24% to -$24.8 million in 2025, then tumbled by 61.48% to -$40.0 million in 2026.
- Per Business Quant, the three latest VRNS EBT figures stand at -$40.0 million (Q1 2026), -$24.8 million (Q4 2025), and -$28.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 39.34 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 117.99 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 5.37 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 888.60 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 549.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 57.84 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 656.60 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -21.40 Mn |
| 10 | Varonis Systems | 5.19 Bn | 4.97 Bn | 131.56 Mn | -40.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -32.03 Mn |