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

Varonis Systems (VRNS) Free Cash Flow (2013 - 2026)

Varonis Systems (VRNS) posted Free Cash Flow of $27.0 million for Q2 2026, down 38.38% on a QoQ basis from $43.8 million in Q1 2026, and up 50.13% year-over-year from $18.0 million in Q2 2025.

Analysis

Varonis Systems (VRNS) Free Cash Flow (2013 - 2026) Analysis & Trends

Varonis Systems has reported Free Cash Flow for 14 years, with the latest figure at $27.0 million in Q2 2026.

  • On a quarterly basis, Free Cash Flow rose 50.13% year-over-year to $27.0 million in Q2 2026; TTM through Jun 2026 was $121.9 million, a 2.3% decrease from a year earlier, with the FY2025 full-year figure at $134.8 million, up 24.24% from the prior year.
  • Free Cash Flow was $27.0 million for Q2 2026 at Varonis Systems, down from $43.8 million in the prior quarter.
  • The five-year high for Free Cash Flow was $65.7 million in Q1 2025, with the low at -$17.1 million in Q2 2022.
  • Average Free Cash Flow over 5 years is $20.5 million, with a median of $20.3 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Free Cash Flow tumbled 66.6% in 2022, then jumped 2628.35% in 2023.
  • Over 5 years, Free Cash Flow stood at -$328000.0 in 2022, then surged by 2628.35% to $8.3 million in 2023, then jumped by 140.23% to $19.9 million in 2024, then advanced by 4.12% to $20.7 million in 2025, then jumped by 30.08% to $27.0 million in 2026.
  • The last three Free Cash Flow figures came in at $27.0 million (Q2 2026), $43.8 million (Q1 2026), and $20.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Palo Alto Networks 269.46 Bn 266.34 Bn 2.03 Bn 788.00 Mn
2 CrowdStrike Holdings 213.75 Bn 208.74 Bn 1.10 Bn 405.86 Mn
3 Fortinet 115.33 Bn 111.27 Bn 1.64 Bn 965.60 Mn
4 Axon Enterprise 40.70 Bn 40.03 Bn 546.45 Mn -972,000.00
5 Zscaler 25.94 Bn 22.46 Bn - -
6 F5 22.10 Bn 20.50 Bn 711.51 Mn 280.61 Mn
7 Rubrik 18.86 Bn 17.11 Bn 335.12 Mn 71.25 Mn
8 Gen Digital 17.83 Bn 17.27 Bn 1.03 Bn 430.00 Mn
9 Check Point Software Technologies 14.27 Bn 11.99 Bn 574.10 Mn 176.70 Mn
10 Varonis Systems 5.21 Bn 4.55 Bn 135.51 Mn 26.98 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 26.98 Mn
Mar 31, 2026 43.79 Mn
Dec 31, 2025 20.74 Mn
Sep 30, 2025 30.43 Mn
Jun 30, 2025 17.97 Mn
Mar 31, 2025 65.66 Mn
Dec 31, 2024 19.92 Mn
Sep 30, 2024 21.25 Mn
Jun 30, 2024 10.91 Mn
Mar 31, 2024 56.43 Mn
Dec 31, 2023 8.29 Mn
Sep 30, 2023 5.99 Mn
Jun 30, 2023 4.31 Mn
Mar 31, 2023 35.72 Mn
Dec 31, 2022 -328,000.00
Sep 30, 2022 -3.14 Mn
Jun 30, 2022 -17.11 Mn
Mar 31, 2022 21.05 Mn
Dec 31, 2021 -6.03 Mn
Sep 30, 2021 -6.28 Mn