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| 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% |