Varonis Systems (VRNS) Tax Provisions (2013 - 2026)
Varonis Systems (VRNS) recorded quarterly Tax Provisions of -$3.2 million in Q1 2026, down 206.64% quarter-over-quarter from $3.0 million in Q4 2025, and down 180.17% on a YoY basis from $4.0 million in Q1 2025.
Varonis Systems (VRNS) Tax Provisions (2013 - 2026) Analysis & Trends
Varonis Systems' Tax Provisions history runs 14 years deep, the most recent figure standing at -$3.2 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 180.17% year-over-year to -$3.2 million; the TTM figure through Mar 2026 stood at $5.9 million (down 61.79% YoY), while the FY2025 annual figure was $13.0 million, up 1.93% from the prior year.
- Tax Provisions was -$3.2 million for Q1 2026 at Varonis Systems, down from $3.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $7.4 million in Q2 2023 to a low of -$3.2 million in Q1 2026.
- Historically, Tax Provisions has averaged $3.0 million across 5 years, with a median of $3.0 million in 2025.
- The sharpest annual moves came in 2023 and 2026: Tax Provisions surged 338.52% in 2023, then tumbled 180.17% in 2026.
- A 5-year view of Tax Provisions shows it stood at $5.0 million in 2022, then sank by 78.37% to $1.1 million in 2023, then jumped by 180.31% to $3.0 million in 2024, then declined by 2.1% to $3.0 million in 2025, then plunged by 206.64% to -$3.2 million in 2026.
- The last three Tax Provisions figures came in at -$3.2 million (Q1 2026), $3.0 million (Q4 2025), and $1.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 7.56 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 184,000.00 |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 695.00 Mn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 12.20 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 117.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -3.60 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 122.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 14.34 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 1.50 Mn |
| 10 | Varonis Systems | 3.77 Bn | 3.55 Bn | 131.56 Mn | -3.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 915,000.00 |