Varonis Systems reported a gross margin of 75.27% and a net margin of -26.00% for the quarter ended Jun 2026. These financial ratios cover 54 quarters of results from Mar 2013 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2013 | Jun2013 | Sep2013 | Dec2013 | Mar2014 | Jun2014 | Sep2014 | Dec2014 | Mar2015 | Jun2015 | Sep2015 | Dec2015 | Mar2016 | Jun2016 | Sep2016 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gross Margin | 85.71% | 86.27% | 81.50% | 84.03% | 86.05% | 88.06% | 83.57% | 84.94% | 85.79% | 87.45% | 81.28% | 82.79% | 83.79% | 83.56% | 78.73% | 79.46% | 78.25% | 78.91% | 75.99% | 75.27% | ||||||||||||||||||||||||||||||||||
| EBT Margin | -21.71% | -17.32% | -49.19% | -31.04% | -18.77% | -4.01% | -32.93% | -27.08% | -16.77% | 0.12% | -34.28% | -15.79% | -9.05% | -6.28% | -23.32% | -20.76% | -17.41% | -14.30% | -23.12% | -22.99% | ||||||||||||||||||||||||||||||||||
| EBIT Margin | -18.49% | -14.09% | -49.95% | -33.71% | -20.75% | -7.01% | -40.17% | -34.41% | -23.83% | -3.40% | -41.78% | -22.11% | -15.97% | -11.07% | -32.08% | -24.02% | -22.24% | -17.46% | -25.69% | -22.57% | ||||||||||||||||||||||||||||||||||
| EBITDA Margin | -18.49% | -14.09% | -49.95% | -33.71% | -20.75% | -7.01% | -40.17% | -34.41% | -23.83% | -3.40% | -41.78% | -22.11% | -15.97% | -11.07% | -32.08% | -24.02% | -22.24% | -17.46% | -25.69% | -22.57% | ||||||||||||||||||||||||||||||||||
| Operating Margin | -18.49% | -14.09% | -49.95% | -33.71% | -20.75% | -7.01% | -40.17% | -34.41% | -23.83% | -3.40% | -41.78% | -22.11% | -15.97% | -11.07% | -32.08% | -24.02% | -22.24% | -17.46% | -25.69% | -22.57% | ||||||||||||||||||||||||||||||||||
| Net Margin | -23.23% | -19.71% | -50.66% | -32.56% | -23.29% | -7.54% | -35.69% | -33.53% | -18.82% | -0.58% | -35.51% | -18.37% | -12.38% | -8.20% | -26.23% | -23.54% | -18.53% | -16.02% | -21.29% | -26.00% | ||||||||||||||||||||||||||||||||||
| FCF Margin | -6.26% | -4.77% | 21.86% | -15.35% | -2.54% | -0.23% | 33.28% | 3.74% | 4.90% | 5.38% | 49.49% | 8.37% | 14.35% | 12.57% | 48.13% | 11.81% | 18.83% | 11.96% | 25.29% | 14.99% | ||||||||||||||||||||||||||||||||||
| Efficiency | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 1,045.41M | 1,083.51M | 1,080.05M | 1,051.92M | 1,055.40M | 1,051.12M | 1,027.53M | 1,024.11M | 1,028.80M | 1,062.31M | 1,078.78M | 1,074.23M | 1,307.98M | 1,592.71M | 1,620.68M | 1,596.05M | 1,640.01M | 1,728.31M | 1,713.09M | 1,644.49M | ||||||||||||||||||||||||||||||||||
| Invested CapitalInvested Cap. | 489.65M | 680.18M | 706.18M | 618.65M | 592.65M | 604.84M | 598.66M | |||||||||||||||||||||||||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.34 | 0.36 | 0.38 | 0.41 | 0.43 | 0.45 | 0.47 | 0.48 | 0.47 | 0.47 | 0.47 | 0.48 | 0.42 | 0.35 | 0.35 | 0.37 | 0.37 | 0.36 | 0.39 | 0.42 | ||||||||||||||||||||||||||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Ratio | 0.17 | 0.15 | 0.16 | 0.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Price to EarningsP/E | -280.11 | -210.25 | -106.82 | -88.78 | -101.78 | -239.83 | -74.55 | -75.63 | -144.56 | -0.01M | -130.00 | -224.71 | -346.47 | -384.84 | -127.61 | -158.73 | -226.29 | -138.81 | -66.89 | -102.96 | ||||||||||||||||||||||||||||||||||
| Price to SalesP/S | 65.08 | 41.43 | 54.11 | 28.91 | 23.70 | 18.07 | 26.61 | 25.36 | 27.21 | 32.06 | 46.16 | 41.28 | 42.90 | 31.55 | 33.47 | 37.37 | 41.93 | 22.24 | 14.24 | 26.77 | ||||||||||||||||||||||||||||||||||
| Price to BookP/B | 11.32 | 8.79 | 9.72 | 6.12 | 5.49 | 5.13 | 5.93 | 6.22 | 7.48 | 10.09 | 11.64 | 11.73 | 14.82 | 10.97 | 12.42 | 16.65 | 11.20 | 6.44 | 5.44 | 10.84 | ||||||||||||||||||||||||||||||||||
| Enterprise Value | 5,719.33M | 4,436.68M | 4,404.69M | 2,439.96M | 2,143.39M | 1,973.55M | 2,326.27M | 2,250.05M | 2,878.53M | 4,456.30M | 4,760.86M | 4,798.79M | 5,507.06M | 4,471.64M | 3,998.47M | 4,915.53M | 6,104.27M | 2,971.83M | 1,717.53M | 4,159.15M | ||||||||||||||||||||||||||||||||||
| EV to EBIT | -308.24 | -248.79 | -91.60 | -64.95 | -83.79 | -197.49 | -53.95 | -56.65 | -98.76 | -849.79 | -99.95 | -166.47 | -232.96 | -254.77 | -91.36 | -134.48 | -169.87 | -98.20 | -38.61 | -102.36 | ||||||||||||||||||||||||||||||||||
| EV to EBITDA | -308.24 | -248.79 | -91.60 | -64.95 | -83.79 | -197.49 | -53.95 | -56.65 | -98.76 | -849.79 | -99.95 | -166.47 | -232.96 | -254.77 | -91.36 | -134.48 | -169.87 | -98.20 | -38.61 | -102.36 | ||||||||||||||||||||||||||||||||||
| Market Capitalization | 6,530.49M | 5,244.29M | 5,208.78M | 3,221.86M | 2,922.87M | 2,577.69M | 2,855.69M | 2,926.66M | 3,327.43M | 4,940.22M | 5,263.66M | 5,381.26M | 6,351.85M | 5,000.60M | 4,566.10M | 5,686.39M | 6,775.56M | 3,855.54M | 2,465.06M | 4,819.27M | ||||||||||||||||||||||||||||||||||
| Price to FCFP/FCF | -0.00M | -869.41 | 247.48 | -188.35 | -931.44 | -0.01M | 79.95 | 678.57 | 555.40 | 595.71 | 93.28 | 493.47 | 298.87 | 251.01 | 69.54 | 316.40 | 222.68 | 185.87 | 56.29 | 178.61 | ||||||||||||||||||||||||||||||||||
| EV to FCF | -910.87 | -735.52 | 209.28 | -142.64 | -683.04 | -0.01M | 65.13 | 521.69 | 480.47 | 537.36 | 84.37 | 440.05 | 259.12 | 224.46 | 60.90 | 273.51 | 200.62 | 143.27 | 39.22 | 154.15 | ||||||||||||||||||||||||||||||||||
| EV to CFO | -0.00M | 0.01M | 179.48 | -168.66 | -0.00M | 574.71 | 63.16 | 387.54 | 454.53 | 426.56 | 83.93 | 409.31 | 244.99 | 184.22 | 58.80 | 230.25 | 182.77 | 120.39 | 31.20 | 165.83 | ||||||||||||||||||||||||||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -18.49% | -14.09% | -49.95% | -33.71% | -20.75% | -7.01% | -40.17% | -34.41% | -23.83% | -3.40% | -41.78% | -22.11% | -15.97% | -11.07% | -32.08% | -24.02% | -22.24% | -17.46% | -25.69% | -22.57% | ||||||||||||||||||||||||||||||||||
| Return on Capital Employed [ROCE]ROCE | -10.19% | -11.32% | -12.75% | -14.48% | -15.26% | -14.74% | -14.35% | -15.39% | -16.00% | -15.52% | -15.58% | -14.98% | -14.75% | -13.33% | -12.50% | -14.73% | -12.08% | -13.70% | -13.70% | -14.57% | ||||||||||||||||||||||||||||||||||
| Return on Invested Capital [ROIC]ROIC | -19.58% | -20.65% | -23.81% | -25.23% | -27.07% | |||||||||||||||||||||||||||||||||||||||||||||||||
| Return on Assets [ROA]ROA | -10.61% | -10.79% | -12.03% | -12.67% | -13.14% | -11.85% | -11.10% | -11.37% | -10.77% | -9.50% | -9.56% | -8.22% | -6.40% | -6.01% | -5.62% | -6.45% | -6.98% | -7.48% | -7.61% | -8.60% |