Varonis Systems (VRNS) Operating Leases (2019 - 2026)

Varonis Systems' (VRNS) quarterly Operating Leases came in at $69.4 million in Q1 2026, up 35.16% year-on-year from $51.3 million in Q1 2025, and up 16.15% quarter-over-quarter from $59.7 million in Q4 2025.

Varonis Systems (VRNS) Operating Leases (2019 - 2026) Analysis & Trends

Varonis Systems' Operating Leases history runs 8 years deep, the most recent figure standing at $69.4 million for Q1 2026.

  • On a quarterly basis, Operating Leases rose 35.16% year-over-year to $69.4 million in Q1 2026; TTM through Mar 2026 was $69.4 million, a 35.16% increase from a year earlier, with the FY2025 full-year figure at $59.7 million, up 39.64% from the prior year.
  • Operating Leases climbed to $69.4 million in Q1 2026 per VRNS's latest filing, from $59.7 million in the prior quarter.
  • Across five years, Operating Leases topped out at $69.4 million in Q1 2026 and bottomed at $39.9 million in Q2 2025.
  • The 5-year median for Operating Leases is $58.1 million (2024), against an average of $56.2 million.
  • Across the five-year window, Operating Leases retreated 28.45% in 2024 and surged 57.86% in 2025, its largest moves.
  • Year by year, Operating Leases stood at $57.6 million in 2022, then dropped by 10.96% to $51.3 million in 2023, then retreated by 16.61% to $42.8 million in 2024, then jumped by 39.64% to $59.7 million in 2025, then rose by 16.15% to $69.4 million in 2026.
  • Per Business Quant, the three latest VRNS Operating Leases figures stand at $69.4 million (Q1 2026), $59.7 million (Q4 2025), and $68.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,895.32 Bn 2,770.88 Bn 56.06 Bn
2 PagSeguro Digital 2,671.35 Bn 2,671.35 Bn 358.92 Mn
3 Repay Holdings 344.36 Bn 344.21 Bn -
4 Oracle 338.75 Bn 306.86 Bn -
5 Palantir Technologies 297.09 Bn 289.06 Bn 1.42 Bn
6 Palo Alto Networks 223.05 Bn 218.51 Bn 1.91 Bn
7 CrowdStrike Holdings 184.01 Bn 180.91 Bn 993.68 Mn
8 Fortinet 109.44 Bn 106.15 Bn 1.49 Bn
9 Cloudflare 95.35 Bn 94.40 Bn 455.60 Mn
10 Varonis Systems 4.78 Bn 4.56 Bn 131.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 69.40 Mn
Dec 31, 2025 59.75 Mn
Sep 30, 2025 68.91 Mn
Jun 30, 2025 39.87 Mn
Mar 31, 2025 51.35 Mn
Dec 31, 2024 42.79 Mn
Sep 30, 2024 43.65 Mn
Jun 30, 2024 45.41 Mn
Mar 31, 2024 58.13 Mn
Dec 31, 2023 51.31 Mn
Sep 30, 2023 61.01 Mn
Jun 30, 2023 63.26 Mn
Mar 31, 2023 55.99 Mn
Dec 31, 2022 57.63 Mn
Sep 30, 2022 58.87 Mn
Jun 30, 2022 61.98 Mn
Mar 31, 2022 65.79 Mn
Dec 31, 2021 68.69 Mn
Sep 30, 2021 70.32 Mn
Jun 30, 2021 52.72 Mn