Varonis Systems (VRNS) Price to FCF (2016 - 2026)
Varonis Systems' Price to FCF came in at 39.52 for Q2 2026, down 13.3% from 45.56 a year earlier but up 91.1% from the prior quarter.
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Analysis
Varonis Systems (VRNS) Price to FCF (2016 - 2026) Analysis & Trends
For FY2025, Varonis Systems' Price to FCF was 28.60, down 37.9% from FY2024.
- Price to FCF has declined in each of the last three years.
- Going back by year, Price to FCF was 46.09 in FY2024 (-49.3%), 90.95 in FY2023 (-98.3%) and 5426.72 in FY2022.
- The five-year range for quarterly Price to FCF is 20.68 (Q1 2026) to 5426.72 (Q4 2022).
- Year-over-year, Price to FCF has declined for 11 consecutive quarters, with an average decline of 32.0% over the last eight quarters.
- Across the past five years, year-over-year decline in Price to FCF ran from 10.0% in Q3 2024 to 98.3% in Q4 2023.
- Business Quant data shows VRNS's Price to FCF at 20.68 (Q1 2026), 28.60 (Q4 2025) and 50.57 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn |
| 10 | Varonis Systems | 5.46 Bn | 2.50 Bn | 135.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.52 |
| Mar 31, 2026 | 20.68 |
| Dec 31, 2025 | 28.60 |
| Sep 30, 2025 | 50.57 |
| Jun 30, 2025 | 45.56 |
| Mar 31, 2025 | 38.78 |
| Dec 31, 2024 | 46.09 |
| Sep 30, 2024 | 65.57 |
| Jun 30, 2024 | 65.93 |
| Mar 31, 2024 | 70.16 |
| Dec 31, 2023 | 90.95 |
| Sep 30, 2023 | 72.82 |
| Jun 30, 2023 | 80.04 |
| Mar 31, 2023 | 188.52 |
| Dec 31, 2022 | 5,426.72 |
| Sep 30, 2021 | 899.64 |
| Jun 30, 2021 | 743.92 |
| Mar 31, 2021 | 2,666.15 |
| Mar 31, 2019 | 275.52 |
| Dec 31, 2018 | 112.04 |
API Access
Varonis Systems Price to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-fcf&ticker=VRNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "ticker": "VRNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-fcf&ticker=VRNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();