Varonis Systems (VRNS) EBT Margin (2013 - 2026)
Varonis Systems (VRNS) recorded quarterly EBT Margin of 23.12% in Q1 2026, down 61.71% quarter-over-quarter from 14.3% in Q4 2025, and up 20.0% on a YoY basis from 19.27% in Q1 2025.
Varonis Systems (VRNS) EBT Margin (2013 - 2026) Analysis & Trends
Varonis Systems' EBT Margin history runs 14 years deep, the most recent figure standing at 23.12% for 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 was 23.12% for Q1 2026 at Varonis Systems, down from 14.3% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 0.12% in Q4 2023 to a low of 49.19% in Q1 2022.
- Historically, EBT Margin has averaged 20.23% across 5 years, with a median of 18.77% in 2022.
- The sharpest annual moves came in 2023 and 2025: EBT Margin surged 1626 bps in 2023, then slumped 836 bps in 2025.
- A 5-year view of EBT Margin shows it stood at 4.01% in 2022, then surged by 103 bps to 0.12% in 2023, then slumped by 5216 bps to 6.28% in 2024, then sank by 128 bps to 14.3% in 2025, then sank by 62 bps to 23.12% in 2026.
- The last three EBT Margin figures came in at 23.12% (Q1 2026), 14.3% (Q4 2025), and 17.41% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 47.46% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 6.63% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 25.69% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 54.43% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 21.16% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.43% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 35.50% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 3.28% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -3.35% |
| 10 | Varonis Systems | 3.77 Bn | 3.55 Bn | 131.56 Mn | -23.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |