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

Varonis Systems' Operating Expenses history runs 14 years deep, the most recent figure standing at $176.0 million for 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 was $176.0 million for Q1 2026 at Varonis Systems, up from $167.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $176.0 million in Q1 2026 to a low of $126.5 million in Q1 2022.
• Historically, Operating Expenses has averaged $144.6 million across 5 years, with a median of $140.0 million in 2023.
• The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 32.67% in 2022, then declined 0.73% in 2024.
• A 5-year view of Operating Expenses shows it stood at $135.6 million in 2022, then increased by 3.26% to $140.0 million in 2023, then grew by 7.15% to $150.0 million in 2024, then rose by 11.37% to $167.1 million in 2025, then increased by 5.37% to $176.0 million in 2026.
• The last three Operating Expenses figures came in at $176.0 million (Q1 2026), $167.1 million (Q4 2025), and $162.4 million (Q3 2025), per Business Quant data.