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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Varonis Systems (VRNS) Operating Margin (2016 - 2025)

Varonis Systems has reported Operating Margin over the past 13 years, most recently at 17.46% for Q4 2025.

  • Quarterly results put Operating Margin at 17.46% for Q4 2025, down 638.0% from a year ago — trailing twelve months through Dec 2025 was 23.5% (down 214.0% YoY), and the annual figure for FY2025 was 23.5%, down 214.0%.
  • Operating Margin for Q4 2025 was 17.46% at Varonis Systems, up from 22.24% in the prior quarter.
  • Over the last five years, Operating Margin for VRNS hit a ceiling of 3.4% in Q4 2023 and a floor of 49.95% in Q1 2022.
  • Median Operating Margin over the past 5 years was 23.04% (2023), compared with a mean of 25.5%.
  • Biggest five-year swings in Operating Margin: skyrocketed 1474bps in 2021 and later plummeted -767bps in 2024.
  • Varonis Systems' Operating Margin stood at 14.09% in 2021, then skyrocketed by 50bps to 7.01% in 2022, then surged by 51bps to 3.4% in 2023, then tumbled by -225bps to 11.07% in 2024, then plummeted by -58bps to 17.46% in 2025.
  • The last three reported values for Operating Margin were 17.46% (Q4 2025), 22.24% (Q3 2025), and 24.02% (Q2 2025) per Business Quant data.