Varonis Systems (VRNS) Tax Provisions (2013 - 2026)

Varonis Systems (VRNS) posted quarterly Tax Provisions of -$3.2 million for Q1 2026, down 180.17% year-over-year from $4.0 million in Q1 2025, and down 206.64% on a QoQ basis from $3.0 million in Q4 2025.

Varonis Systems (VRNS) Tax Provisions (2013 - 2026) Analysis & Trends

Varonis Systems (VRNS) has reported Tax Provisions for 14 consecutive years, with -$3.2 million the latest figure, recorded in 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 came in at -$3.2 million for Q1 2026 at Varonis Systems, down from $3.0 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 $3.0 million, with a median of $3.0 million recorded in 2025.
  • Across the five-year window, Tax Provisions surged 338.52% in 2023 and plunged 180.17% in 2026, its largest moves.
  • Year by year, Tax Provisions stood at $5.0 million in 2022, then slumped by 78.37% to $1.1 million in 2023, then jumped by 180.31% to $3.0 million in 2024, then decreased by 2.1% to $3.0 million in 2025, then sank by 206.64% to -$3.2 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$3.2 million, $3.0 million, and $1.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 7.56 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 1.07 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 12.20 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 117.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -3.60 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 122.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 1.50 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 14.34 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -84.00 Mn
10 Varonis Systems 4.85 Bn 4.63 Bn 131.56 Mn -3.18 Mn

Historic Data

Download Data
DateValue
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