Varonis Systems (VRNS) Operating Leases (2019 - 2026)
Varonis Systems (VRNS) posted quarterly Operating Leases of $69.4 million for Q1 2026, up 35.16% year-over-year from $51.3 million in Q1 2025, and up 16.15% on a QoQ basis from $59.7 million in Q4 2025.
Varonis Systems (VRNS) Operating Leases (2019 - 2026) Analysis & Trends
Varonis Systems (VRNS) has reported Operating Leases for 8 consecutive years, with $69.4 million the latest figure, recorded in 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 came in at $69.4 million for Q1 2026 at Varonis Systems, up from $59.7 million in the prior quarter.
- The five-year high for Operating Leases was $75.0 million in Q1 2022, with the low at $42.8 million in Q4 2024.
- Average Operating Leases over 5 years is $59.7 million, with a median of $58.1 million recorded in 2024.
- Across the five-year window, Operating Leases decreased 25.37% in 2023 and soared 39.64% in 2025, its largest moves.
- Year by year, Operating Leases stood at $57.6 million in 2022, then retreated by 10.96% to $51.3 million in 2023, then dropped by 16.61% to $42.8 million in 2024, then jumped by 39.64% to $59.7 million in 2025, then climbed by 16.15% to $69.4 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $69.4 million, $59.7 million, and $68.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn |
| 10 | Varonis Systems | 4.85 Bn | 4.63 Bn | 131.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |