Varonis Systems (VRNS) Tax Rate (2013 - 2026)
Varonis Systems (VRNS) posted Tax Rate of 13.08% for Q2 2026, down 264.64% on a QoQ basis from 7.95% in Q1 2026, and up 34.0% year-over-year from 9.76% in Q2 2025.
Analysis
Varonis Systems (VRNS) Tax Rate (2013 - 2026) Analysis & Trends
Varonis Systems has reported Tax Rate for 14 years, with the latest figure at 13.08% in Q2 2026.
- On a quarterly basis, Tax Rate rose 34.0% year-over-year to 13.08% in Q2 2026; TTM through Jun 2026 was 5.23%, a 1343.0% increase from a year earlier, with the FY2025 full-year figure at 11.18%, up 419.0% from the prior year.
- Tax Rate was 13.08% for Q2 2026 at Varonis Systems, down from 7.95% 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 15.22%, with a median of 12.34% recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: Tax Rate soared 66294 bps in 2023, then sank 60576 bps in 2024.
- Over 5 years, Tax Rate stood at 87.8% in 2022, then soared by 755 bps to 575.13% in 2023, then tumbled by 105 bps to 30.63% in 2024, then jumped by 61 bps to 12.03% in 2025, then slipped by 9 bps to 13.08% in 2026.
- The last three Tax Rate figures came in at 13.08% (Q2 2026), 7.95% (Q1 2026), and 12.03% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | -13.46% |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | -35.60% |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 15.97% |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 9.97% |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 7.95% |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | -9.77% |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 33.44% |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 14.47% |
| 10 | Varonis Systems | 5.21 Bn | 4.55 Bn | 135.51 Mn | -13.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -13.08% |
| Mar 31, 2026 | 7.95% |
| Dec 31, 2025 | -12.03% |
| Sep 30, 2025 | -6.45% |
| Jun 30, 2025 | -13.42% |
| Mar 31, 2025 | -12.47% |
| Dec 31, 2024 | -30.63% |
| Sep 30, 2024 | -36.86% |
| Jun 30, 2024 | -16.38% |
| Mar 31, 2024 | -3.59% |
| Dec 31, 2023 | 575.13% |
| Sep 30, 2023 | -12.21% |
| Jun 30, 2023 | -23.83% |
| Mar 31, 2023 | -8.38% |
| Dec 31, 2022 | -87.80% |
| Sep 30, 2022 | -24.04% |
| Jun 30, 2022 | -4.91% |
| Mar 31, 2022 | -2.99% |
| Dec 31, 2021 | -13.79% |
| Sep 30, 2021 | -7.00% |