Varonis Systems (VRNS) FCF Margin (2013 - 2026)
Varonis Systems (VRNS) posted quarterly FCF Margin of 14.99% for Q2 2026, up 318.0% year-over-year from 3.59% in Q2 2025, and down 40.74% quarter-over-quarter from 25.29% in Q1 2026.
Varonis Systems (VRNS) FCF Margin (2013 - 2026) Analysis & Trends
Varonis Systems' FCF Margin history runs 14 years deep, the most recent figure standing at 14.99% for Q2 2026.
- In Q2 2026, FCF Margin rose 318.0% year-over-year to 14.99%; the TTM figure through Jun 2026 stood at 17.72% (down 325.0% YoY), while the FY2025 annual figure was 21.62%, up 192.0% from the prior year.
- FCF Margin for Q2 2026 stood at 14.99%, down from 25.29% in the prior quarter.
- The five-year high for FCF Margin was 49.49% in Q1 2024, with the low at 15.35% in Q2 2022.
- The 5-year median for FCF Margin is 12.27% (2024), against an average of 14.82%.
- The sharpest annual moves came in 2023 and 2026: FCF Margin soared 1909 bps in 2023, then slumped 2284 bps in 2026.
- Varonis Systems' FCF Margin stood at 0.23% in 2022, then surged by 2440 bps to 5.38% in 2023, then soared by 134 bps to 12.57% in 2024, then retreated by 5 bps to 11.96% in 2025, then gained by 25 bps to 14.99% in 2026.
- Business Quant data shows VRNS's FCF Margin at 14.99% in Q2 2026, 25.29% in Q1 2026, and 11.96% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 21.82% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 62.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -9.76% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 26.25% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 47.15% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 9.71% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 32.19% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -223.03% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | -114.17% |
| 10 | Varonis Systems | 4.99 Bn | 4.33 Bn | 135.51 Mn | 14.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.99% |
| Mar 31, 2026 | 25.29% |
| Dec 31, 2025 | 11.96% |
| Sep 30, 2025 | 18.83% |
| Jun 30, 2025 | 11.81% |
| Mar 31, 2025 | 48.13% |
| Dec 31, 2024 | 12.57% |
| Sep 30, 2024 | 14.35% |
| Jun 30, 2024 | 8.37% |
| Mar 31, 2024 | 49.49% |
| Dec 31, 2023 | 5.38% |
| Sep 30, 2023 | 4.90% |
| Jun 30, 2023 | 3.74% |
| Mar 31, 2023 | 33.28% |
| Dec 31, 2022 | -0.23% |
| Sep 30, 2022 | -2.54% |
| Jun 30, 2022 | -15.35% |
| Mar 31, 2022 | 21.86% |
| Dec 31, 2021 | -4.77% |
| Sep 30, 2021 | -6.26% |