Varonis Systems (VRNS) Enterprise Value (2014 - 2026)
Varonis Systems (VRNS) posted Enterprise Value of $4.16 billion for Q2 2026, down 15.4% from $4.92 billion a year earlier but up 142.2% from the prior quarter.
Varonis Systems (VRNS) Enterprise Value (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Enterprise Value at Varonis Systems was $1.86 billion, down 37.6% 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 three quarters, with an average decline of 2.1% 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 $1.72 billion (Q1 2026), $2.97 billion (Q4 2025) and $6.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Varonis Systems | 5.50 Bn | 2.54 Bn | 135.51 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 5.72 Bn |
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_KEY
import 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();