Varonis Systems VRNS
NASDAQ VRNS
$45.33 -0.76 (-1.65%)
As of: Sep 8, 2026 · 1:56 PM EDT

Varonis Systems (VRNS) Research & Development (2013 - 2026)

Varonis Systems (VRNS) posted Research & Development of $79.0 million for Q2 2026, down 1.69% on a QoQ basis from $80.3 million in Q1 2026, and up 3.13% year-over-year from $76.6 million in Q2 2025.

Analysis

Varonis Systems (VRNS) Research & Development (2013 - 2026) Analysis & Trends

Varonis Systems has reported Research & Development for 14 years, with the latest figure at $79.0 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 3.13% year-over-year to $79.0 million in Q2 2026; TTM through Jun 2026 was $311.3 million, a 4.88% increase from a year earlier, with the FY2025 full-year figure at $301.3 million, up 4.35% from the prior year.
  • Research & Development was $79.0 million for Q2 2026 at Varonis Systems, down from $80.3 million in the prior quarter.
  • The five-year high for Research & Development was $80.3 million in Q1 2026, with the low at $64.8 million in Q1 2022.
  • Average Research & Development over 5 years is $72.4 million, with a median of $71.3 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Research & Development increased 25.82% in 2022, then retreated 1.72% in 2023.
  • Over 5 years, Research & Development stood at $71.8 million in 2022, then dropped by 1.69% to $70.6 million in 2023, then gained by 7.87% to $76.1 million in 2024, then rose by 2.43% to $78.0 million in 2025, then rose by 1.29% to $79.0 million in 2026.
  • The last three Research & Development figures came in at $79.0 million (Q2 2026), $80.3 million (Q1 2026), and $78.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Palo Alto Networks 270.63 Bn 267.51 Bn 2.03 Bn 1.16 Bn
2 CrowdStrike Holdings 214.77 Bn 209.76 Bn 1.10 Bn 509.97 Mn
3 Fortinet 114.97 Bn 110.90 Bn 1.64 Bn 669.10 Mn
4 Axon Enterprise 40.72 Bn 40.05 Bn 546.45 Mn 208.69 Mn
5 Zscaler 26.09 Bn 22.61 Bn - -
6 F5 22.18 Bn 20.57 Bn 711.51 Mn 238.03 Mn
7 Rubrik 18.91 Bn 17.16 Bn 335.12 Mn 224.45 Mn
8 Gen Digital 17.81 Bn 17.24 Bn 1.03 Bn 300.00 Mn
9 Check Point Software Technologies 14.28 Bn 12.00 Bn 574.10 Mn 239.00 Mn
10 Varonis Systems 5.21 Bn 4.55 Bn 135.51 Mn 78.98 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 78.98 Mn
Mar 31, 2026 80.34 Mn
Dec 31, 2025 77.98 Mn
Sep 30, 2025 74.03 Mn
Jun 30, 2025 76.58 Mn
Mar 31, 2025 72.76 Mn
Dec 31, 2024 76.12 Mn
Sep 30, 2024 71.38 Mn
Jun 30, 2024 70.04 Mn
Mar 31, 2024 71.23 Mn
Dec 31, 2023 70.57 Mn
Sep 30, 2023 68.61 Mn
Jun 30, 2023 70.32 Mn
Mar 31, 2023 68.39 Mn
Dec 31, 2022 71.78 Mn
Sep 30, 2022 69.81 Mn
Jun 30, 2022 68.71 Mn
Mar 31, 2022 64.79 Mn
Dec 31, 2021 67.67 Mn
Sep 30, 2021 56.23 Mn