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

Varonis Systems (VRNS) recorded quarterly Operating Leases of $69.4 million in Q1 2026, up 16.15% quarter-over-quarter from $59.7 million in Q4 2025, and up 35.16% on a YoY basis from $51.3 million in Q1 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.

  • In Q1 2026, Operating Leases rose 35.16% year-over-year to $69.4 million; the TTM figure through Mar 2026 stood at $69.4 million (up 35.16% YoY), while the FY2025 annual figure was $59.7 million, up 39.64% from the prior year.
  • Operating Leases was $69.4 million for Q1 2026 at Varonis Systems, up from $59.7 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $75.0 million in Q1 2022 to a low of $42.8 million in Q4 2024.
  • Historically, Operating Leases has averaged $59.7 million across 5 years, with a median of $58.1 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases declined 25.37% in 2023, then soared 39.64% in 2025.
  • A 5-year view of Operating Leases shows it 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.
  • The last three Operating Leases figures came in at $69.4 million (Q1 2026), $59.7 million (Q4 2025), and $68.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn
10 Varonis Systems 3.77 Bn 3.55 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 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 55.99 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
Jun 30, 2021 52.72 Mn