Varonis Systems (VRNS) Net Margin (2013 - 2026)

Varonis Systems' Net Margin history runs 14 years deep, the most recent figure standing at 21.29% for Q1 2026.

• On a quarterly basis, Net Margin rose 494.0% year-over-year to 21.29% in Q1 2026; TTM through Mar 2026 was 19.75%, a 387.0% decrease from a year earlier, with the FY2025 full-year figure at 20.74%, down 336.0% from the prior year.
• Net Margin declined to 21.29% in Q1 2026 per VRNS's latest filing, from 16.02% in the prior quarter.
• Across five years, Net Margin topped out at 0.58% in Q4 2023 and bottomed at 50.66% in Q1 2022.
• The 5-year median for Net Margin is 21.29% (2026), against an average of 22.51%.
• Across the five-year window, Net Margin surged 1516 bps in 2024 and slumped 782 bps in 2025, its largest moves.
• Year by year, Net Margin stood at 7.54% in 2022, then surged by 92 bps to 0.58% in 2023, then slumped by 1307 bps to 8.2% in 2024, then slumped by 95 bps to 16.02% in 2025, then tumbled by 33 bps to 21.29% in 2026.
• Per Business Quant, the three latest VRNS Net Margin figures stand at 21.29% (Q1 2026), 16.02% (Q4 2025), and 18.53% (Q3 2025).