Varonis Systems (VRNS) Enterprise Value (2013 - 2026)
Varonis Systems (VRNS) posted quarterly Enterprise Value of -$660.1 million for Q2 2026, up 14.37% year-over-year from -$577.2 million in Q2 2025, and up 11.69% quarter-over-quarter from -$747.5 million in Q1 2026.
Varonis Systems (VRNS) Enterprise Value (2013 - 2026) Analysis & Trends
Varonis Systems' Enterprise Value history runs 14 years deep, the most recent figure standing at -$660.1 million for Q2 2026.
- In Q2 2026, Enterprise Value rose 14.37% year-over-year to -$660.1 million; the TTM figure through Jun 2026 stood at -$660.1 million (up 14.37% YoY), while the FY2025 annual figure was -$883.7 million, down 67.06% from the prior year.
- Enterprise Value for Q2 2026 stood at -$660.1 million, up from -$747.5 million in the prior quarter.
- The five-year high for Enterprise Value was -$448.9 million in Q3 2023, with the low at -$883.7 million in Q4 2025.
- The 5-year median for Enterprise Value is -$665.7 million (2025), against an average of -$659.4 million.
- The sharpest annual moves came in 2023 and 2024: Enterprise Value surged 42.41% in 2023, then tumbled 88.19% in 2024.
- Varonis Systems' Enterprise Value stood at -$604.1 million in 2022, then rose by 19.9% to -$483.9 million in 2023, then fell by 9.31% to -$529.0 million in 2024, then sank by 67.06% to -$883.7 million in 2025, then gained by 25.3% to -$660.1 million in 2026.
- Business Quant data shows VRNS's Enterprise Value at -$660.1 million in Q2 2026, -$747.5 million in Q1 2026, and -$883.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | -132.75 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | -9.30 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -31.35 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -3.11 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | -4.07 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -4.16 Bn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | -2.20 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -5.54 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | -6.46 Bn |
| 10 | Varonis Systems | 4.99 Bn | 4.33 Bn | 135.51 Mn | -660.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -660.12 Mn |
| Mar 31, 2026 | -747.53 Mn |
| Dec 31, 2025 | -883.71 Mn |
| Sep 30, 2025 | -671.29 Mn |
| Jun 30, 2025 | -770.86 Mn |
| Mar 31, 2025 | -567.63 Mn |
| Dec 31, 2024 | -528.97 Mn |
| Sep 30, 2024 | -844.79 Mn |
| Jun 30, 2024 | -582.47 Mn |
| Mar 31, 2024 | -502.79 Mn |
| Dec 31, 2023 | -483.92 Mn |
| Sep 30, 2023 | -448.90 Mn |
| Jun 30, 2023 | -676.62 Mn |
| Mar 31, 2023 | -529.42 Mn |
| Dec 31, 2022 | -604.14 Mn |
| Sep 30, 2022 | -779.48 Mn |
| Jun 30, 2022 | -781.91 Mn |
| Mar 31, 2022 | -804.09 Mn |
| Dec 31, 2021 | -807.61 Mn |
| Sep 30, 2021 | -811.15 Mn |