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| 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 |