Varonis Systems (VRNS) Operating Leases (2019 - 2026)
Varonis Systems (VRNS) posted Operating Leases of $75.1 million for Q2 2026, up 8.21% on a QoQ basis from $69.4 million in Q1 2026, and up 46.49% year-over-year from $51.3 million in Q2 2025.
Analysis
Varonis Systems (VRNS) Operating Leases (2019 - 2026) Analysis & Trends
Varonis Systems has reported Operating Leases for 8 years, with the latest figure at $75.1 million in Q2 2026.
- On a quarterly basis, Operating Leases rose 46.49% year-over-year to $75.1 million in Q2 2026; TTM through Jun 2026 was $75.1 million, a 46.49% increase from a year earlier, with the FY2025 full-year figure at $59.7 million, up 39.64% from the prior year.
- Operating Leases was $75.1 million for Q2 2026 at Varonis Systems, up from $69.4 million in the prior quarter.
- The five-year high for Operating Leases was $75.1 million in Q2 2026, with the low at $42.8 million in Q4 2024.
- Average Operating Leases over 5 years is $61.1 million, with a median of $60.4 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: Operating Leases declined 16.61% in 2024, then jumped 46.49% in 2026.
- Over 5 years, Operating Leases stood at $57.6 million in 2022, then declined by 10.96% to $51.3 million in 2023, then decreased by 16.61% to $42.8 million in 2024, then surged by 39.64% to $59.7 million in 2025, then grew by 25.69% to $75.1 million in 2026.
- The last three Operating Leases figures came in at $75.1 million (Q2 2026), $69.4 million (Q1 2026), and $59.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn |
| 10 | Varonis Systems | 5.21 Bn | 4.55 Bn | 135.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.10 Mn |
| Mar 31, 2026 | 69.40 Mn |
| Dec 31, 2025 | 59.75 Mn |
| Sep 30, 2025 | 68.91 Mn |
| Jun 30, 2025 | 51.26 Mn |
| Mar 31, 2025 | 51.35 Mn |
| Dec 31, 2024 | 42.79 Mn |
| Sep 30, 2024 | 54.07 Mn |
| Jun 30, 2024 | 55.51 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 | 65.84 Mn |
| Dec 31, 2022 | 57.63 Mn |
| Sep 30, 2022 | 68.59 Mn |
| Jun 30, 2022 | 71.56 Mn |
| Mar 31, 2022 | 75.03 Mn |
| Dec 31, 2021 | 68.69 Mn |
| Sep 30, 2021 | 78.64 Mn |