Varonis Systems (VRNS) Invested Capital (2013 - 2026)
Varonis Systems (VRNS) posted quarterly Invested Capital of $453.5 million for Q1 2026, down 26.69% year-over-year from $618.7 million in Q1 2025, and down 24.24% on a QoQ basis from $598.7 million in Q4 2025.
Varonis Systems (VRNS) Invested Capital (2013 - 2026) Analysis & Trends
Varonis Systems (VRNS) has reported Invested Capital for 14 consecutive years, with $453.5 million the latest figure, recorded in 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 came in at $453.5 million for Q1 2026 at Varonis Systems, down from $598.7 million in the prior quarter.
- The five-year high for Invested Capital was $706.2 million in Q4 2024, with the low at $444.6 million in Q3 2023.
- Average Invested Capital over 5 years is $538.1 million, with a median of $526.4 million recorded in 2022.
- Across the five-year window, Invested Capital soared 53.0% in 2024 and fell 26.69% in 2026, its largest moves.
- Year by year, Invested Capital stood at $502.1 million in 2022, then decreased by 2.48% to $489.6 million in 2023, then surged by 44.22% to $706.2 million in 2024, then slipped by 15.23% to $598.7 million in 2025, then dropped by 24.24% to $453.5 million in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $453.5 million, $598.7 million, and $604.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 423.21 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 43.06 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 8.45 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 9.39 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 4.43 Bn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 989.70 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 2.82 Bn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 40.59 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 28.97 Bn |
| 10 | Varonis Systems | 4.85 Bn | 4.63 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 |