Varonis Systems (VRNS) Shares Outstanding (Diluted) (2019 - 2026)
Varonis Systems (VRNS) posted Weighted Average Shares Outstanding (Diluted) of 115 million for Q3 2026, unchanged from 114.97 million a year earlier and up 0.2% from the prior quarter.
Powered by 
Analysis
Varonis Systems (VRNS) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, Varonis Systems' Weighted Average Shares Outstanding (Diluted) came in at 114.41 million, up 2.5% from FY2024.
- Annual Weighted Average Shares Outstanding (Diluted) shows a five-year compound annual growth rate of 3.9% (FY2020 to FY2025).
- In prior years, Varonis Systems' Weighted Average Shares Outstanding (Diluted) was 111.66 million in FY2024 (+2.3%), 109.14 million in FY2023 (-0.1%), 109.28 million in FY2022 (+3.8%) and 105.31 million in FY2021 (+11.6%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has run from a low of 105.31 million in Q4 2021 to a high of 115.79 million in Q1 2026 over five years.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) increased in seven of the last eight quarters, with growth averaging 1.9%.
- The strongest year-over-year quarter for Weighted Average Shares Outstanding (Diluted) in the past five years was Q4 2021, with growth of 11.6%; the weakest was Q3 2023, with a decline of 0.5%.
- According to Business Quant data, Weighted Average Shares Outstanding (Diluted) for the three prior quarters was 114.82 million (Q2 2026), 115.79 million (Q1 2026) and 114.41 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn | 764.00 Mn |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn | 1.04 Bn |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn | 349.26 Mn |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn | 742.60 Mn |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn | 375.01 Mn |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn | 160.22 Mn |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn | 178.81 Mn |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn | 82.54 Mn |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn | 82.00 Mn |
| 10 | Varonis Systems | 5.61 Bn | 2.73 Bn | 142.57 Mn | 115.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 115.00 Mn |
| Jun 30, 2026 | 114.82 Mn |
| Mar 31, 2026 | 115.79 Mn |
| Dec 31, 2025 | 114.41 Mn |
| Sep 30, 2025 | 114.97 Mn |
| Jun 30, 2025 | 112.05 Mn |
| Mar 31, 2025 | 112.65 Mn |
| Dec 31, 2024 | 111.66 Mn |
| Sep 30, 2024 | 112.27 Mn |
| Jun 30, 2024 | 111.89 Mn |
| Mar 31, 2024 | 109.99 Mn |
| Dec 31, 2023 | 109.14 Mn |
| Sep 30, 2023 | 109.43 Mn |
| Jun 30, 2023 | 109.74 Mn |
| Mar 31, 2023 | 108.39 Mn |
| Dec 31, 2022 | 109.28 Mn |
| Sep 30, 2022 | 110.00 Mn |
| Jun 30, 2022 | 109.68 Mn |
| Mar 31, 2022 | 108.20 Mn |
| Dec 31, 2021 | 105.31 Mn |
API Access
Varonis Systems Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=VRNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=VRNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();