Varonis Systems (VRNS) Market Capitalization (2014 - 2026)
Varonis Systems (VRNS) posted Market Capitalization of $4.82 billion for Q2 2026, down 15.2% from $5.69 billion a year earlier but up 95.5% from the prior quarter.
Powered by 
Analysis
Varonis Systems (VRNS) Market Capitalization (2014 - 2026) Analysis & Trends
For FY2025, Varonis Systems' Market Capitalization came in at $3.86 billion, down 22.9% from FY2024.
- Annual Market Capitalization shows a five-year compound annual growth rate of -5.8% (FY2020 to FY2025).
- In prior years, Varonis Systems' Market Capitalization was $5 billion in FY2024 (+1.2%), $4.94 billion in FY2023 (+91.7%), $2.58 billion in FY2022 (-50.8%) and $5.24 billion in FY2021 (+0.7%).
- Quarterly Market Capitalization has run from a low of $2.47 billion in Q1 2026 to a high of $6.78 billion in Q3 2025 over five years.
- On a year-over-year basis, Market Capitalization has declined in each of the last three quarters, with growth averaging 0.9% over the last eight quarters.
- The strongest year-over-year quarter for Market Capitalization in the past five years was Q4 2023, with growth of 91.7%; the weakest was Q3 2022, with a decline of 55.2%.
- According to Business Quant data, Market Capitalization for the three prior quarters was $2.47 billion (Q1 2026), $3.86 billion (Q4 2025) and $6.78 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 316.55 Bn | 301.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 269.03 Bn | 249.47 Bn | 1.10 Bn |
| 3 | Fortinet | 129.08 Bn | 115.01 Bn | 1.64 Bn |
| 4 | Snowflake | 116.42 Bn | 103.73 Bn | 1.04 Bn |
| 5 | Datadog | 96.40 Bn | 78.04 Bn | 881.34 Mn |
| 6 | Okta | 34.24 Bn | 24.34 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.08 Bn | 28.61 Bn | 546.45 Mn |
| 8 | Zscaler | 32.34 Bn | 18.46 Bn | - |
| 9 | Baidu | 29.50 Bn | -44.13 Bn | 1.47 Mn |
| 10 | Varonis Systems | 5.41 Bn | 2.45 Bn | 135.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.82 Bn |
| Mar 31, 2026 | 2.47 Bn |
| Dec 31, 2025 | 3.86 Bn |
| Sep 30, 2025 | 6.78 Bn |
| Jun 30, 2025 | 5.69 Bn |
| Mar 31, 2025 | 4.57 Bn |
| Dec 31, 2024 | 5.00 Bn |
| Sep 30, 2024 | 6.35 Bn |
| Jun 30, 2024 | 5.38 Bn |
| Mar 31, 2024 | 5.26 Bn |
| Dec 31, 2023 | 4.94 Bn |
| Sep 30, 2023 | 3.33 Bn |
| Jun 30, 2023 | 2.93 Bn |
| Mar 31, 2023 | 2.86 Bn |
| Dec 31, 2022 | 2.58 Bn |
| Sep 30, 2022 | 2.92 Bn |
| Jun 30, 2022 | 3.22 Bn |
| Mar 31, 2022 | 5.21 Bn |
| Dec 31, 2021 | 5.24 Bn |
| Sep 30, 2021 | 6.53 Bn |
API Access
Varonis Systems Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=VRNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "VRNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=VRNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();