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

Varonis Systems' (VRNS) quarterly Research & Development came in at $69.8 million in Q1 2026, up 28.69% year-on-year from $54.2 million in Q1 2025, and down 45.56% quarter-over-quarter from $128.1 million in Q4 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.

  • On a quarterly basis, Research & Development rose 28.69% year-over-year to $69.8 million in Q1 2026; TTM through Mar 2026 was $348.5 million, a 8.82% increase from a year earlier, with the FY2025 full-year figure at $301.3 million, up 4.35% from the prior year.
  • Research & Development retreated to $69.8 million in Q1 2026 per VRNS's latest filing, from $128.1 million in the prior quarter.
  • Across five years, Research & Development topped out at $142.5 million in Q4 2024 and bottomed at $43.6 million in Q1 2022.
  • The 5-year median for Research & Development is $69.8 million (2026), against an average of $74.8 million.
  • Biggest YoY gain for Research & Development was 103.27% in 2022; the steepest drop was 45.86% in 2022.
  • Year by year, Research & Development stood at $71.8 million in 2022, then jumped by 98.11% to $142.2 million in 2023, then climbed by 0.25% to $142.5 million in 2024, then slipped by 10.1% to $128.1 million in 2025, then plunged by 45.56% to $69.8 million in 2026.
  • Per Business Quant, the three latest VRNS Research & Development figures stand at $69.8 million (Q1 2026), $128.1 million (Q4 2025), and $74.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 6.81 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -
3 Oracle 344.13 Bn 312.24 Bn - 4.01 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 160.98 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 823.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 802.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 636.30 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 271.60 Mn
10 Varonis Systems 5.19 Bn 4.97 Bn 131.56 Mn 69.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 69.76 Mn
Dec 31, 2025 128.15 Mn
Sep 30, 2025 74.03 Mn
Jun 30, 2025 76.58 Mn
Mar 31, 2025 54.21 Mn
Dec 31, 2024 142.55 Mn
Sep 30, 2024 53.46 Mn
Jun 30, 2024 70.04 Mn
Mar 31, 2024 47.83 Mn
Dec 31, 2023 142.20 Mn
Sep 30, 2023 68.61 Mn
Jun 30, 2023 46.14 Mn
Mar 31, 2023 44.73 Mn
Dec 31, 2022 71.78 Mn
Sep 30, 2022 69.81 Mn
Jun 30, 2022 68.71 Mn
Mar 31, 2022 43.57 Mn
Dec 31, 2021 132.58 Mn
Sep 30, 2021 34.34 Mn
Jun 30, 2021 54.92 Mn