Varonis Systems (VRNS) EBT Margin (2013 - 2026)
Varonis Systems (VRNS) posted EBT Margin of 22.99% for Q2 2026, up 0.57% on a QoQ basis from 23.12% in Q1 2026, and down 224.0% year-over-year from 18.54% in Q2 2025.
Powered by 
Analysis
Varonis Systems (VRNS) EBT Margin (2013 - 2026) Analysis & Trends
Varonis Systems has reported EBT Margin for 14 years, with the latest figure at 22.99% in Q2 2026.
- On a quarterly basis, EBT Margin fell 224.0% year-over-year to 22.99% in Q2 2026; TTM through Jun 2026 was 19.52%, a 495.0% decrease from a year earlier, with the FY2025 full-year figure at 18.66%, down 359.0% from the prior year.
- EBT Margin was 22.99% for Q2 2026 at Varonis Systems, up from 23.12% 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 20.39%, with a median of 19.77% recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: EBT Margin soared 1626 bps in 2023, then sank 836 bps in 2025.
- Over 5 years, EBT Margin stood at 4.01% in 2022, then soared by 103 bps to 0.12% in 2023, then sank by 5216 bps to 6.28% in 2024, then plunged by 128 bps to 14.3% in 2025, then slumped by 61 bps to 22.99% in 2026.
- The last three EBT Margin figures came in at 22.99% (Q2 2026), 23.12% (Q1 2026), and 14.3% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | -5.20% |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 0.27% |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 35.17% |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 3.61% |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 26.15% |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | -13.18% |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 24.18% |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 33.64% |
| 10 | Varonis Systems | 5.21 Bn | 4.55 Bn | 135.51 Mn | -22.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -22.99% |
| 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% |