Varonis Systems VRNS
NASDAQ VRNS
$45.48 -0.61 (-1.32%)
As of: Sep 8, 2026 · 3:59 PM EDT

Varonis Systems (VRNS) EV to CFO (2014 - 2026)

Varonis Systems (VRNS) posted EV to CFO of 165.83 for Q2 2026, up 431.43% on a QoQ basis from 31.2 in Q1 2026, and down 27.98% year-over-year from 230.25 in Q2 2025.

Analysis

Varonis Systems (VRNS) EV to CFO (2014 - 2026) Analysis & Trends

Varonis Systems has reported EV to CFO for 13 years, with the latest figure at 165.83 in Q2 2026.

  • On a quarterly basis, EV to CFO fell 27.98% year-over-year to 165.83 in Q2 2026; TTM through Jun 2026 was 30.09, a 16.68% decrease from a year earlier, with the FY2025 full-year figure at 20.16, down 48.07% from the prior year.
  • EV to CFO was 165.83 for Q2 2026 at Varonis Systems, up from 31.2 in the prior quarter.
  • The five-year high for EV to CFO was 574.71 in Q4 2022, with the low at 1308.54 in Q3 2022.
  • Average EV to CFO over 5 years is 128.92, with a median of 181.12 recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: EV to CFO sank 95.62% in 2022, then surged 329.78% in 2023.
  • Over 5 years, EV to CFO stood at 574.71 in 2022, then declined by 25.78% to 426.56 in 2023, then sank by 56.81% to 184.22 in 2024, then slumped by 34.64% to 120.39 in 2025, then jumped by 37.74% to 165.83 in 2026.
  • The last three EV to CFO figures came in at 165.83 (Q2 2026), 31.2 (Q1 2026), and 120.39 (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

Historic Data

Download Data
DateValue
Jun 30, 2026 165.83
Mar 31, 2026 31.20
Dec 31, 2025 120.39
Sep 30, 2025 182.77
Jun 30, 2025 230.25
Mar 31, 2025 58.80
Dec 31, 2024 184.22
Sep 30, 2024 244.99
Jun 30, 2024 409.31
Mar 31, 2024 83.93
Dec 31, 2023 426.56
Sep 30, 2023 454.53
Jun 30, 2023 387.54
Mar 31, 2023 63.16
Dec 31, 2022 574.71
Sep 30, 2022 -1,308.54
Jun 30, 2022 -168.66
Mar 31, 2022 179.48
Dec 31, 2021 13,126.28
Sep 30, 2021 -1,328.53