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

Varonis Systems (VRNS) posted quarterly Tax Rate of 7.95% for Q1 2026, up 2042.0% year-over-year from 0.37% in Q1 2025, and up 166.04% on a QoQ basis from 12.03% in Q4 2025.

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

Varonis Systems (VRNS) has reported Tax Rate for 14 consecutive years, with 7.95% the latest figure, recorded in 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 came in at 7.95% for Q1 2026 at Varonis Systems, up from 12.03% in the prior quarter.
  • The five-year high for Tax Rate was 575.13% in Q4 2023, with the low at 87.8% in Q4 2022.
  • Average Tax Rate over 5 years is 16.89%, with a median of 12.21% recorded in 2023.
  • Across the five-year window, Tax Rate surged 66294 bps in 2023 and tumbled 60576 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 87.8% in 2022, then surged by 755 bps to 575.13% in 2023, then sank 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.
  • According to Business Quant data, Tax Rate over the past three periods registered 7.95%, 12.03%, and 6.45% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 19.22%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 19.84%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 1.37%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 21.31%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -6.22%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 18.58%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -7.01%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 18.14%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 21.40%
10 Varonis Systems 4.85 Bn 4.63 Bn 131.56 Mn 7.95%

Historic Data

Download Data
DateValue
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%