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| 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 |