Growth Metrics

Varonis Systems (VRNS) Operating Margin (2016 - 2026)

Varonis Systems' Operating Margin history spans 14 years, with the latest figure at 25.69% for Q1 2026.

  • Quarterly Operating Margin rose 639.0% to 25.69% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 22.3% through Mar 2026, down 245.0% year-over-year, with the annual reading at 23.5% for FY2025, 214.0% down from the prior year.
  • Operating Margin came in at 25.69% for Q1 2026, down from 17.46% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 3.4% in Q4 2023 to a low of 49.95% in Q1 2022.
  • The 5-year median for Operating Margin is 23.83% (2023), against an average of 25.04%.
  • The largest YoY upside for Operating Margin was 1230bps in 2024 against a maximum downside of -767bps in 2024.
  • Varonis Systems' Operating Margin stood at 7.01% in 2022, then soared by 51bps to 3.4% in 2023, then crashed by -225bps to 11.07% in 2024, then tumbled by -58bps to 17.46% in 2025, then tumbled by -47bps to 25.69% in 2026.
  • Per Business Quant, the three most recent readings for VRNS's Operating Margin are 25.69% (Q1 2026), 17.46% (Q4 2025), and 22.24% (Q3 2025).