Varonis Systems (VRNS) Invested Capital (2013 - 2026)
Varonis Systems (VRNS) recorded quarterly Invested Capital of $453.5 million in Q1 2026, down 24.24% quarter-over-quarter from $598.7 million in Q4 2025, and down 26.69% on a YoY basis from $618.7 million in Q1 2025.
Varonis Systems (VRNS) Invested Capital (2013 - 2026) Analysis & Trends
Varonis Systems' Invested Capital history runs 14 years deep, the most recent figure standing at $453.5 million for Q1 2026.
- In Q1 2026, Invested Capital fell 26.69% year-over-year to $453.5 million; the TTM figure through Mar 2026 stood at $453.5 million (down 26.69% YoY), while the FY2025 annual figure was $598.7 million, down 15.23% from the prior year.
- Invested Capital was $453.5 million for Q1 2026 at Varonis Systems, down from $598.7 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $706.2 million in Q4 2024 to a low of $444.6 million in Q3 2023.
- Historically, Invested Capital has averaged $538.1 million across 5 years, with a median of $526.4 million in 2022.
- The sharpest annual moves came in 2024 and 2026: Invested Capital soared 53.0% in 2024, then slipped 26.69% in 2026.
- A 5-year view of Invested Capital shows it stood at $502.1 million in 2022, then declined by 2.48% to $489.6 million in 2023, then surged by 44.22% to $706.2 million in 2024, then fell by 15.23% to $598.7 million in 2025, then retreated by 24.24% to $453.5 million in 2026.
- The last three Invested Capital figures came in at $453.5 million (Q1 2026), $598.7 million (Q4 2025), and $604.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 423.21 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 38.50 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 8.45 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 9.39 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.43 Bn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 989.70 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 40.59 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 2.82 Bn |
| 10 | Varonis Systems | 3.77 Bn | 3.55 Bn | 131.56 Mn | 453.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 453.51 Mn |
| Dec 31, 2025 | 598.66 Mn |
| Sep 30, 2025 | 604.84 Mn |
| Jun 30, 2025 | 592.65 Mn |
| Mar 31, 2025 | 618.66 Mn |
| Dec 31, 2024 | 706.19 Mn |
| Sep 30, 2024 | 680.19 Mn |
| Jun 30, 2024 | 458.61 Mn |
| Mar 31, 2024 | 452.35 Mn |
| Dec 31, 2023 | 489.65 Mn |
| Sep 30, 2023 | 444.57 Mn |
| Jun 30, 2023 | 470.71 Mn |
| Mar 31, 2023 | 481.28 Mn |
| Dec 31, 2022 | 502.13 Mn |
| Sep 30, 2022 | 532.31 Mn |
| Jun 30, 2022 | 526.43 Mn |
| Mar 31, 2022 | 535.78 Mn |
| Dec 31, 2021 | 596.59 Mn |
| Sep 30, 2021 | 576.97 Mn |
| Jun 30, 2021 | 570.39 Mn |