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
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