Varonis Systems (VRNS) Market Capitalization (2014 - 2026)
Varonis Systems (VRNS) posted Market Capitalization of $5.47 billion for Q3 2026, down 19.3% from $6.78 billion a year earlier but up 13.5% from the prior quarter.
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 four quarters, with an average decline of 12.9% 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 $4.82 billion (Q2 2026), $2.47 billion (Q1 2026) and $3.86 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn |
| 10 | Varonis Systems | 5.61 Bn | 2.73 Bn | 142.57 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.47 Bn |
| 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 |
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_KEY
import 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();