Varonis Systems (VRNS) FCF Margin (2013 - 2026)

Varonis Systems (VRNS) posted quarterly FCF Margin of 28.92% for Q1 2026, down 1921.0% year-over-year from 1.59% in Q1 2025, and up 244.26% on a QoQ basis from 8.4% in Q4 2025.

Varonis Systems (VRNS) FCF Margin (2013 - 2026) Analysis & Trends

Varonis Systems (VRNS) has reported FCF Margin for 14 consecutive years, with 28.92% the latest figure, recorded in Q1 2026.

  • In Q1 2026, FCF Margin fell 1921.0% year-over-year to 28.92%; the TTM figure through Mar 2026 stood at 18.06% (down 243.0% YoY), while the FY2025 annual figure was 21.62%, up 192.0% from the prior year.
  • FCF Margin came in at 28.92% for Q1 2026 at Varonis Systems, up from 8.4% in the prior quarter.
  • The five-year high for FCF Margin was 49.75% in Q1 2024, with the low at 15.35% in Q2 2022.
  • Average FCF Margin over 5 years is 15.24%, with a median of 11.81% recorded in 2025.
  • Across the five-year window, FCF Margin jumped 1909 bps in 2023 and slumped 1921 bps in 2026, its largest moves.
  • Year by year, FCF Margin stood at 0.23% in 2022, then soared by 3879 bps to 8.69% in 2023, then surged by 45 bps to 12.57% in 2024, then sank by 33 bps to 8.4% in 2025, then soared by 244 bps to 28.92% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 28.92%, 8.4%, and 22.65% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 19.07%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 72.18%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 54.62%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 14.80%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 30.29%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 55.21%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 14.55%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 34.10%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 15.44%
10 Varonis Systems 4.85 Bn 4.63 Bn 131.56 Mn 28.92%

Historic Data

Download Data
DateValue
Mar 31, 2026 28.92%
Dec 31, 2025 8.40%
Sep 30, 2025 22.65%
Jun 30, 2025 11.81%
Mar 31, 2025 48.13%
Dec 31, 2024 12.57%
Sep 30, 2024 14.35%
Jun 30, 2024 8.14%
Mar 31, 2024 49.75%
Dec 31, 2023 8.69%
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%
Jun 30, 2021 -11.61%