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| Date | Value |
|---|---|
| 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 |