Varonis Systems (VRNS) Tax Provisions (2013 - 2026)
Varonis Systems (VRNS) posted Tax Provisions of $5.4 million for Q2 2026, up 270.23% on a QoQ basis from -$3.2 million in Q1 2026, and up 27.74% year-over-year from $4.2 million in Q2 2025.
Analysis
Varonis Systems (VRNS) Tax Provisions (2013 - 2026) Analysis & Trends
Varonis Systems has reported Tax Provisions for 14 years, with the latest figure at $5.4 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 27.74% year-over-year to $5.4 million in Q2 2026; TTM through Jun 2026 was $7.0 million, a 56.58% decrease from a year earlier, with the FY2025 full-year figure at $13.0 million, up 1.93% from the prior year.
- Tax Provisions was $5.4 million for Q2 2026 at Varonis Systems, up from -$3.2 million in the prior quarter.
- The five-year high for Tax Provisions was $7.4 million in Q2 2023, with the low at -$3.2 million in Q1 2026.
- Average Tax Provisions over 5 years is $3.1 million, with a median of $3.0 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Tax Provisions soared 338.52% in 2023, then slumped 180.17% in 2026.
- Over 5 years, Tax Provisions stood at $5.0 million in 2022, then plunged by 78.37% to $1.1 million in 2023, then surged by 180.31% to $3.0 million in 2024, then fell by 2.1% to $3.0 million in 2025, then surged by 81.53% to $5.4 million in 2026.
- The last three Tax Provisions figures came in at $5.4 million (Q2 2026), -$3.2 million (Q1 2026), and $3.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.95 Bn | 266.84 Bn | 2.03 Bn | 21.00 Mn |
| 2 | CrowdStrike Holdings | 213.25 Bn | 208.23 Bn | 1.10 Bn | -1.40 Mn |
| 3 | Fortinet | 115.21 Bn | 111.15 Bn | 1.64 Bn | 115.00 Mn |
| 4 | Axon Enterprise | 40.91 Bn | 40.24 Bn | 546.45 Mn | 3.26 Mn |
| 5 | Zscaler | 26.10 Bn | 22.63 Bn | - | - |
| 6 | F5 | 22.14 Bn | 20.54 Bn | 711.51 Mn | 17.99 Mn |
| 7 | Rubrik | 18.93 Bn | 17.19 Bn | 335.12 Mn | 5.50 Mn |
| 8 | Gen Digital | 17.80 Bn | 17.24 Bn | 1.03 Bn | 108.00 Mn |
| 9 | Check Point Software Technologies | 14.28 Bn | 12.00 Bn | 574.10 Mn | 32.80 Mn |
| 10 | Varonis Systems | 5.19 Bn | 4.53 Bn | 135.51 Mn | 5.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.42 Mn |
| Mar 31, 2026 | -3.18 Mn |
| Dec 31, 2025 | 2.98 Mn |
| Sep 30, 2025 | 1.81 Mn |
| Jun 30, 2025 | 4.24 Mn |
| Mar 31, 2025 | 3.97 Mn |
| Dec 31, 2024 | 3.05 Mn |
| Sep 30, 2024 | 4.94 Mn |
| Jun 30, 2024 | 3.37 Mn |
| Mar 31, 2024 | 1.40 Mn |
| Dec 31, 2023 | 1.09 Mn |
| Sep 30, 2023 | 2.50 Mn |
| Jun 30, 2023 | 7.45 Mn |
| Mar 31, 2023 | 2.96 Mn |
| Dec 31, 2022 | 5.03 Mn |
| Sep 30, 2022 | 5.57 Mn |
| Jun 30, 2022 | 1.70 Mn |
| Mar 31, 2022 | 1.41 Mn |
| Dec 31, 2021 | 3.02 Mn |
| Sep 30, 2021 | 1.53 Mn |