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
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