Varonis Systems (VRNS) Operating Expenses (2013 - 2026)

Varonis Systems (VRNS) has reported Operating Expenses for 14 consecutive years, with $176.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 16.45% year-over-year to $176.0 million; the TTM figure through Mar 2026 stood at $662.9 million (up 13.2% YoY), while the FY2025 annual figure was $638.1 million, up 11.02% from the prior year.
• Operating Expenses came in at $176.0 million for Q1 2026 at Varonis Systems, up from $167.1 million in the prior quarter.
• The five-year high for Operating Expenses was $176.0 million in Q1 2026, with the low at $126.5 million in Q1 2022.
• Average Operating Expenses over 5 years is $144.6 million, with a median of $140.0 million recorded in 2023.
• Across the five-year window, Operating Expenses jumped 32.67% in 2022 and decreased 0.73% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $135.6 million in 2022, then advanced by 3.26% to $140.0 million in 2023, then gained by 7.15% to $150.0 million in 2024, then climbed by 11.37% to $167.1 million in 2025, then advanced by 5.37% to $176.0 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $176.0 million, $167.1 million, and $162.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.