Varonis Systems (VRNS) Tax Rate (2013 - 2026)
Varonis Systems (VRNS) recorded quarterly Tax Rate of 7.95% in Q1 2026, up 166.04% quarter-over-quarter from 12.03% in Q4 2025, and up 2042.0% on a YoY basis from 0.37% in Q1 2025.
Varonis Systems (VRNS) Tax Rate (2013 - 2026) Analysis & Trends
Varonis Systems' Tax Rate history runs 14 years deep, the most recent figure standing at 7.95% for Q1 2026.
- In Q1 2026, Tax Rate rose 2042.0% year-over-year to 7.95%; the TTM figure through Mar 2026 stood at 4.7% (up 1553.0% YoY), while the FY2025 annual figure was 11.18%, up 419.0% from the prior year.
- Tax Rate was 7.95% for Q1 2026 at Varonis Systems, up from 12.03% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 575.13% in Q4 2023 to a low of 87.8% in Q4 2022.
- Historically, Tax Rate has averaged 16.89% across 5 years, with a median of 12.21% in 2023.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 66294 bps in 2023, then slumped 60576 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 87.8% in 2022, then surged by 755 bps to 575.13% in 2023, then plunged by 105 bps to 30.63% in 2024, then soared by 61 bps to 12.03% in 2025, then jumped by 166 bps to 7.95% in 2026.
- The last three Tax Rate figures came in at 7.95% (Q1 2026), 12.03% (Q4 2025), and 6.45% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 19.22% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 23.68% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 15.74% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 1.37% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 21.31% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -6.22% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 18.58% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 18.14% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -7.01% |
| 10 | Varonis Systems | 3.77 Bn | 3.55 Bn | 131.56 Mn | 7.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.95% |
| Mar 31, 2026 | 7.95% |
| Dec 31, 2025 | -12.03% |
| Dec 31, 2025 | -12.03% |
| Sep 30, 2025 | -6.45% |
| Sep 30, 2025 | -6.45% |
| Jun 30, 2025 | -13.42% |
| Jun 30, 2025 | -13.42% |
| Mar 31, 2025 | -12.47% |
| Mar 31, 2025 | -12.47% |
| Dec 31, 2024 | -30.63% |
| Dec 31, 2024 | -30.63% |
| Sep 30, 2024 | -36.86% |
| Sep 30, 2024 | -36.86% |
| Jun 30, 2024 | -16.38% |
| Jun 30, 2024 | -16.38% |
| Mar 31, 2024 | -3.59% |
| Mar 31, 2024 | -3.59% |
| Dec 31, 2023 | 575.13% |
| Dec 31, 2023 | 575.13% |