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VRNS VARONIS SYSTEMS INC

Trailing twelve months to 2026-06-30 · as filed 2026-07-29, not restated
Technology

Scale

Market cap
$5.1bn
Revenue TTM
$688m
Net income TTM
$-141m
Free cash flow
$122m
Composite score
43.4
Sector rank
#1066

Valuation

P / E
EV / EBITDA
EV / sales
6.5
FCF yield
2.39%
Earnings yield vs 10-yr
-7.50pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-20.6%
EBITDA margin
-19.2%
ROE
-31.8%
ROIC
Revenue growth
15.6%

Insider activity, last 90 days

Net open-market
$0.00m
Buyers
0
Sellers
0

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Revenue Recognition The Company generates revenues primarily in the form of SaaS revenues, and, to a lesser extent, term license subscriptions and maintenance and services fees. As of June 30, 2026, the Company's federal tax returns for the years 2010 through the current period, excluding the 2016 tax year which was audited by the Internal Revenue Service, and most state tax returns for the years 2009 through the current period, are still open to examination. …VARONIS SYSTEMS INC, 10-Q, period ended 2026-06-30, filed 2026-07-29

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