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| 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% |