Growth Metrics

Varonis Systems (VRNS) Operating Margin: 2013-2025

Historic Operating Margin for Varonis Systems (VRNS) over the last 13 years, with Sep 2025 value amounting to -22.24%.

  • Varonis Systems' Operating Margin fell 627.00% to -22.24% in Q3 2025 from the same period last year, while for Sep 2025 it was -21.98%, marking a year-over-year decrease of 271.00%. This contributed to the annual value of -21.35% for FY2024, which is 213.00% up from last year.
  • Per Varonis Systems' latest filing, its Operating Margin stood at -22.24% for Q3 2025, which was up 7.42% from -24.02% recorded in Q2 2025.
  • Varonis Systems' 5-year Operating Margin high stood at -3.40% for Q4 2023, and its period low was -49.95% during Q1 2022.
  • Its 3-year average for Operating Margin is -24.64%, with a median of -23.83% in 2023.
  • Its Operating Margin has fluctuated over the past 5 years, first spiked by 1,474bps in 2021, then plummeted by 767bps in 2024.
  • Quarterly analysis of 5 years shows Varonis Systems' Operating Margin stood at -14.09% in 2021, then soared by 708bps to -7.01% in 2022, then spiked by 360bps to -3.40% in 2023, then crashed by 767bps to -11.07% in 2024, then crashed by 627bps to -22.24% in 2025.
  • Its last three reported values are -22.24% in Q3 2025, -24.02% for Q2 2025, and -32.08% during Q1 2025.