Varonis Systems (VRNS) Research & Development (2013 - 2026)
Varonis Systems (VRNS) posted quarterly Research & Development of $79.0 million for Q2 2026, up 3.13% year-over-year from $76.6 million in Q2 2025, and down 1.69% quarter-over-quarter from $80.3 million in Q1 2026.
Varonis Systems (VRNS) Research & Development (2013 - 2026) Analysis & Trends
Varonis Systems' Research & Development history runs 14 years deep, the most recent figure standing at $79.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 3.13% year-over-year to $79.0 million; the TTM figure through Jun 2026 stood at $311.3 million (up 4.88% YoY), while the FY2025 annual figure was $301.3 million, up 4.35% from the prior year.
- Research & Development for Q2 2026 stood at $79.0 million, 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.
- The 5-year median for Research & Development is $71.3 million (2024), against an average of $72.4 million.
- The sharpest annual moves came in 2022 and 2023: Research & Development climbed 25.82% in 2022, then declined 1.72% in 2023.
- Varonis Systems' Research & Development stood at $71.8 million in 2022, then decreased by 1.69% to $70.6 million in 2023, then increased by 7.87% to $76.1 million in 2024, then grew by 2.43% to $78.0 million in 2025, then grew by 1.29% to $79.0 million in 2026.
- Business Quant data shows VRNS's Research & Development at $79.0 million in Q2 2026, $80.3 million in Q1 2026, and $78.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Varonis Systems | 4.99 Bn | 4.33 Bn | 135.51 Mn | 78.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |