Varonis Systems (VRNS) EBT (2013 - 2026)

Varonis Systems (VRNS) posted quarterly EBT of -$40.0 million for Q1 2026, down 25.84% year-over-year from -$54.0 million in Q1 2025, and down 61.48% on a QoQ basis from -$24.8 million in Q4 2025.

Varonis Systems (VRNS) EBT (2013 - 2026) Analysis & Trends

Varonis Systems (VRNS) has reported EBT for 14 consecutive years, with -$40.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBT fell 25.84% year-over-year to -$40.0 million; the TTM figure through Mar 2026 stood at -$124.5 million (down 64.44% YoY), while the FY2025 annual figure was -$116.3 million, down 40.13% from the prior year.
  • EBT came in at -$40.0 million for Q1 2026 at Varonis Systems, down from -$24.8 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 -$25.7 million, with a median of -$28.1 million recorded in 2025.
  • Across the five-year window, EBT soared 103.3% in 2023 and plunged 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 slumped by 5362.96% to -$9.9 million in 2024, then sank by 149.24% to -$24.8 million in 2025, then slumped by 61.48% to -$40.0 million in 2026.
  • According to Business Quant data, EBT over the past three periods registered -$40.0 million, -$24.8 million, and -$28.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 39.34 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 5.37 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 888.60 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 549.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 57.84 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 656.60 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -21.40 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 79.05 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -392.60 Mn
10 Varonis Systems 4.85 Bn 4.63 Bn 131.56 Mn -40.04 Mn

Historic Data

Download Data
DateValue
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