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
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