Varonis Systems (VRNS) Enterprise Value (2014 - 2026)
Varonis Systems (VRNS) posted Enterprise Value of $4.88 billion for Q3 2026, down 20.1% from $6.1 billion a year earlier but up 17.3% from the prior quarter.
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Analysis
Varonis Systems (VRNS) Enterprise Value (2014 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Enterprise Value at Varonis Systems was $2.59 billion, down 39.0% year-over-year; for FY2025, it was $2.97 billion, down 33.5% from FY2024.
- Annual Enterprise Value shows a five-year compound annual growth rate of -9.7% (FY2020 to FY2025).
- In prior years, Varonis Systems' Enterprise Value was $4.47 billion in FY2024 (+0.3%), $4.46 billion in FY2023 (+125.8%), $1.97 billion in FY2022 (-55.5%) and $4.44 billion in FY2021 (-10.1%).
- Quarterly Enterprise Value has run from a low of $1.72 billion in Q1 2026 to a high of $6.1 billion in Q3 2025 over five years.
- On a year-over-year basis, Enterprise Value has declined in each of the last four quarters, with an average decline of 16.1% over the last eight quarters.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q4 2023, with growth of 125.8%; the weakest was Q3 2022, with a decline of 62.5%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $4.16 billion (Q2 2026), $1.72 billion (Q1 2026) and $2.97 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn |
| 10 | Varonis Systems | 5.61 Bn | 2.73 Bn | 142.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.88 Bn |
| Jun 30, 2026 | 4.16 Bn |
| Mar 31, 2026 | 1.72 Bn |
| Dec 31, 2025 | 2.97 Bn |
| Sep 30, 2025 | 6.10 Bn |
| Jun 30, 2025 | 4.92 Bn |
| Mar 31, 2025 | 4.00 Bn |
| Dec 31, 2024 | 4.47 Bn |
| Sep 30, 2024 | 5.51 Bn |
| Jun 30, 2024 | 4.80 Bn |
| Mar 31, 2024 | 4.76 Bn |
| Dec 31, 2023 | 4.46 Bn |
| Sep 30, 2023 | 2.88 Bn |
| Jun 30, 2023 | 2.25 Bn |
| Mar 31, 2023 | 2.33 Bn |
| Dec 31, 2022 | 1.97 Bn |
| Sep 30, 2022 | 2.14 Bn |
| Jun 30, 2022 | 2.44 Bn |
| Mar 31, 2022 | 4.40 Bn |
| Dec 31, 2021 | 4.44 Bn |
API Access
Varonis Systems Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=VRNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "VRNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=VRNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();