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 EBITDA (2014 - 2026)

Varonis Systems (VRNS) posted EV to EBITDA of 102.36 for Q2 2026, down 165.1% on a QoQ basis from 38.61 in Q1 2026, and up 23.88% year-over-year from 82.63 in Q2 2025.

Analysis

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

Varonis Systems has reported EV to EBITDA for 13 years, with the latest figure at 102.36 in Q2 2026.

  • On a quarterly basis, EV to EBITDA rose 23.88% year-over-year to 102.36 in Q2 2026; TTM through Jun 2026 was 27.49, a 32.05% increase from a year earlier, with the FY2025 full-year figure at 20.28, up 46.63% from the prior year.
  • EV to EBITDA was 102.36 for Q2 2026 at Varonis Systems, down from 38.61 in the prior quarter.
  • The five-year high for EV to EBITDA was 38.61 in Q1 2026, with the low at 849.79 in Q4 2023.
  • Average EV to EBITDA over 5 years is 160.33, with a median of 99.35 recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: EV to EBITDA jumped 72.82% in 2022, then plunged 330.29% in 2023.
  • Over 5 years, EV to EBITDA stood at 197.49 in 2022, then slumped by 330.29% to 849.79 in 2023, then soared by 70.02% to 254.77 in 2024, then jumped by 61.45% to 98.2 in 2025, then dropped by 4.24% to 102.36 in 2026.
  • The last three EV to EBITDA figures came in at 102.36 (Q2 2026), 38.61 (Q1 2026), and 98.2 (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 -102.36
Mar 31, 2026 -38.61
Dec 31, 2025 -98.20
Sep 30, 2025 -169.87
Jun 30, 2025 -134.48
Mar 31, 2025 -91.36
Dec 31, 2024 -254.77
Sep 30, 2024 -232.96
Jun 30, 2024 -166.47
Mar 31, 2024 -99.95
Dec 31, 2023 -849.79
Sep 30, 2023 -98.76
Jun 30, 2023 -56.65
Mar 31, 2023 -53.95
Dec 31, 2022 -197.49
Sep 30, 2022 -83.79
Jun 30, 2022 -64.95
Mar 31, 2022 -91.60
Dec 31, 2021 -248.79
Sep 30, 2021 -308.24