Varonis Systems (VRNS) Net Margin (2013 - 2026)
Varonis Systems (VRNS) posted quarterly Net Margin of 26.0% for Q2 2026, down 246.0% year-over-year from 17.81% in Q2 2025, and down 22.15% quarter-over-quarter from 21.29% in Q1 2026.
Varonis Systems (VRNS) Net Margin (2013 - 2026) Analysis & Trends
Varonis Systems' Net Margin history runs 14 years deep, the most recent figure standing at 26.0% for Q2 2026.
- In Q2 2026, Net Margin fell 246.0% year-over-year to 26.0%; the TTM figure through Jun 2026 stood at 20.55% (down 325.0% YoY), while the FY2025 annual figure was 20.74%, down 336.0% from the prior year.
- Net Margin for Q2 2026 stood at 26.0%, down from 21.29% in the prior quarter.
- The five-year high for Net Margin was 0.58% in Q4 2023, with the low at 50.66% in Q1 2022.
- The 5-year median for Net Margin is 22.29% (2022), against an average of 22.71%.
- The sharpest annual moves came in 2024 and 2025: Net Margin surged 1516 bps in 2024, then sank 782 bps in 2025.
- Varonis Systems' Net Margin stood at 7.54% in 2022, then jumped by 92 bps to 0.58% in 2023, then tumbled by 1307 bps to 8.2% in 2024, then tumbled by 95 bps to 16.02% in 2025, then plunged by 62 bps to 26.0% in 2026.
- Business Quant data shows VRNS's Net Margin at 26.0% in Q2 2026, 21.29% in Q1 2026, and 16.02% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 36.78% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 55.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 30.88% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -5.90% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 29.55% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -24.42% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 2.69% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -24.31% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 1.32% |
| 10 | Varonis Systems | 4.99 Bn | 4.33 Bn | 135.51 Mn | -26.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -26.00% |
| Mar 31, 2026 | -21.29% |
| Dec 31, 2025 | -16.02% |
| Sep 30, 2025 | -18.53% |
| Jun 30, 2025 | -23.54% |
| Mar 31, 2025 | -26.23% |
| Dec 31, 2024 | -8.20% |
| Sep 30, 2024 | -12.38% |
| Jun 30, 2024 | -18.37% |
| Mar 31, 2024 | -35.51% |
| Dec 31, 2023 | -0.58% |
| Sep 30, 2023 | -18.82% |
| Jun 30, 2023 | -33.53% |
| Mar 31, 2023 | -35.69% |
| Dec 31, 2022 | -7.54% |
| Sep 30, 2022 | -23.29% |
| Jun 30, 2022 | -32.56% |
| Mar 31, 2022 | -50.66% |
| Dec 31, 2021 | -19.71% |
| Sep 30, 2021 | -23.23% |