Varonis Systems (VRNS) EBT Margin (2013 - 2026)

Varonis Systems (VRNS) posted quarterly EBT Margin of 23.12% for Q1 2026, up 20.0% year-over-year from 19.27% in Q1 2025, and down 61.71% on a QoQ basis from 14.3% in Q4 2025.

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

Varonis Systems (VRNS) has reported EBT Margin for 14 consecutive years, with 23.12% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBT Margin rose 20.0% year-over-year to 23.12%; the TTM figure through Mar 2026 stood at 18.86% (down 565.0% YoY), while the FY2025 annual figure was 18.66%, down 359.0% from the prior year.
  • EBT Margin came in at 23.12% for Q1 2026 at Varonis Systems, down from 14.3% in the prior quarter.
  • The five-year high for EBT Margin was 0.12% in Q4 2023, with the low at 49.19% in Q1 2022.
  • Average EBT Margin over 5 years is 20.23%, with a median of 18.77% recorded in 2022.
  • Across the five-year window, EBT Margin surged 1626 bps in 2023 and tumbled 836 bps in 2025, its largest moves.
  • Year by year, EBT Margin stood at 4.01% in 2022, then surged by 103 bps to 0.12% in 2023, then tumbled by 5216 bps to 6.28% in 2024, then slumped by 128 bps to 14.3% in 2025, then slumped by 62 bps to 23.12% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 23.12%, 14.3%, and 17.41% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 47.46%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 27.99%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 54.43%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 21.16%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 4.43%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 35.50%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -3.35%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 3.28%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -6.48%
10 Varonis Systems 4.85 Bn 4.63 Bn 131.56 Mn -23.12%

Historic Data

Download Data
DateValue
Mar 31, 2026 -23.12%
Dec 31, 2025 -14.30%
Sep 30, 2025 -17.41%
Jun 30, 2025 -20.76%
Mar 31, 2025 -23.32%
Dec 31, 2024 -6.28%
Sep 30, 2024 -9.05%
Jun 30, 2024 -15.79%
Mar 31, 2024 -34.28%
Dec 31, 2023 0.12%
Sep 30, 2023 -16.77%
Jun 30, 2023 -27.08%
Mar 31, 2023 -32.93%
Dec 31, 2022 -4.01%
Sep 30, 2022 -18.77%
Jun 30, 2022 -31.04%
Mar 31, 2022 -49.19%
Dec 31, 2021 -17.32%
Sep 30, 2021 -21.71%
Jun 30, 2021 -36.23%