Varonis Systems (VRNS) Enterprise Value (2014 - 2026)
Varonis Systems (VRNS) posted Enterprise Value of $4.2 billion for Q2 2026, up 142.16% on a QoQ basis from $1.7 billion in Q1 2026, and down 15.39% year-over-year from $4.9 billion in Q2 2025.
Analysis
Varonis Systems (VRNS) Enterprise Value (2014 - 2026) Analysis & Trends
Varonis Systems has reported Enterprise Value for 13 years, with the latest figure at $4.2 billion in Q2 2026.
- On a quarterly basis, Enterprise Value fell 15.39% year-over-year to $4.2 billion in Q2 2026; TTM through Jun 2026 was $4.2 billion, a 15.39% decrease from a year earlier, with the FY2025 full-year figure at $3.0 billion, down 33.54% from the prior year.
- Enterprise Value was $4.2 billion for Q2 2026 at Varonis Systems, up from $1.7 billion in the prior quarter.
- The five-year high for Enterprise Value was $6.1 billion in Q3 2025, with the low at $1.7 billion in Q1 2026.
- Average Enterprise Value over 5 years is $3.7 billion, with a median of $4.1 billion recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Enterprise Value tumbled 62.52% in 2022, then soared 125.8% in 2023.
- Over 5 years, Enterprise Value stood at $2.0 billion in 2022, then jumped by 125.8% to $4.5 billion in 2023, then gained by 0.34% to $4.5 billion in 2024, then plunged by 33.54% to $3.0 billion in 2025, then surged by 39.95% to $4.2 billion in 2026.
- The last three Enterprise Value figures came in at $4.2 billion (Q2 2026), $1.7 billion (Q1 2026), and $3.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn |
| 10 | Varonis Systems | 5.21 Bn | 4.55 Bn | 135.51 Mn |
Historic Data
Download Data
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 |