Varonis Systems (VRNS) EBT (2013 - 2026)
Varonis Systems (VRNS) recorded quarterly EBT of -$40.0 million in Q1 2026, down 61.48% quarter-over-quarter from -$24.8 million in Q4 2025, and down 25.84% on a YoY basis from -$54.0 million in Q1 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.
- 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 was -$40.0 million for Q1 2026 at Varonis Systems, down from -$24.8 million in the prior quarter.
- In the past five years, EBT ranged from a high of $189000.0 in Q4 2023 to a low of -$47.3 million in Q1 2022.
- Historically, EBT has averaged -$25.7 million across 5 years, with a median of -$28.1 million in 2025.
- The sharpest annual moves came in 2023 and 2024: EBT soared 103.3% in 2023, then tumbled 5362.96% in 2024.
- A 5-year view of EBT shows it stood at -$5.7 million in 2022, then soared by 103.3% to $189000.0 in 2023, then sank by 5362.96% to -$9.9 million in 2024, then plunged by 149.24% to -$24.8 million in 2025, then sank by 61.48% to -$40.0 million in 2026.
- The last three EBT figures came in at -$40.0 million (Q1 2026), -$24.8 million (Q4 2025), and -$28.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 39.34 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 777,000.00 |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 4.42 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 888.60 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 549.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 57.84 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 656.60 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 79.05 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -21.40 Mn |
| 10 | Varonis Systems | 3.77 Bn | 3.55 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 |