Varonis Systems (VRNS) Research & Development (2013 - 2026)
Varonis Systems (VRNS) recorded quarterly Research & Development of $69.8 million in Q1 2026, up 7.96% quarter-over-quarter from $64.6 million in Q4 2025, and up 28.69% on a YoY basis from $54.2 million in Q1 2025.
Varonis Systems (VRNS) Research & Development (2013 - 2026) Analysis & Trends
Varonis Systems' Research & Development history runs 14 years deep, the most recent figure standing at $69.8 million for Q1 2026.
- In Q1 2026, Research & Development rose 28.69% year-over-year to $69.8 million; the TTM figure through Mar 2026 stood at $253.4 million (up 24.72% YoY), while the FY2025 annual figure was $237.8 million, up 20.86% from the prior year.
- Research & Development was $69.8 million for Q1 2026 at Varonis Systems, up from $64.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $69.8 million in Q1 2026 to a low of $43.6 million in Q1 2022.
- Historically, Research & Development has averaged $50.9 million across 5 years, with a median of $47.8 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Research & Development soared 44.93% in 2022, then slipped 2.62% in 2024.
- A 5-year view of Research & Development shows it stood at $45.0 million in 2022, then increased by 6.94% to $48.1 million in 2023, then climbed by 4.99% to $50.5 million in 2024, then grew by 27.84% to $64.6 million in 2025, then grew by 7.96% to $69.8 million in 2026.
- The last three Research & Development figures came in at $69.8 million (Q1 2026), $64.6 million (Q4 2025), and $62.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 2.30 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 2.61 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 160.98 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 511.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 356.41 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 214.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 150.97 Mn |
| 10 | Varonis Systems | 3.77 Bn | 3.55 Bn | 131.56 Mn | 69.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.76 Mn |
| Dec 31, 2025 | 64.62 Mn |
| Sep 30, 2025 | 62.74 Mn |
| Jun 30, 2025 | 56.25 Mn |
| Mar 31, 2025 | 54.21 Mn |
| Dec 31, 2024 | 50.55 Mn |
| Sep 30, 2024 | 53.46 Mn |
| Jun 30, 2024 | 44.93 Mn |
| Mar 31, 2024 | 47.83 Mn |
| Dec 31, 2023 | 48.14 Mn |
| Sep 30, 2023 | 44.82 Mn |
| Jun 30, 2023 | 46.14 Mn |
| Mar 31, 2023 | 44.73 Mn |
| Dec 31, 2022 | 45.02 Mn |
| Sep 30, 2022 | 44.48 Mn |
| Jun 30, 2022 | 44.82 Mn |
| Mar 31, 2022 | 43.57 Mn |
| Dec 31, 2021 | 40.14 Mn |
| Sep 30, 2021 | 34.34 Mn |
| Jun 30, 2021 | 33.33 Mn |