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| 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 |