Market cap
$4,736 Mln
Revenue (TTM)
$688 Mln
P/E Ratio
--
P/B Ratio
10.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 3.98 | 18.31 | 15.61 | 12.08 | 15.47 |
| EBIT | -1.49 | -28.64 | -54.00 | -15.62 | -13.05 |
| Net Profit | -27.01 | -30.66 | -37.35 | -7.71 | -7.51 |
| EPS | -27.55 | -26.99 | -30.95 | -4.39 | -2.60 |
| Book Value | -- | -- | 14.42 | 0.27 | 36.25 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -18.57 | -21.35 | -19.41 | -18.65 | -13.56 |
| Net Margin
| -- | -28.32 | -20.55 | -- | -- |
| Return on equity
| -21.71 | -24.33 | -27.11 | -24.53 | -20.26 |
| Return on Capital
| -10.95 | -13.05 | -- | -10.87 | -9.52 |
| Return on Assets
| -7.93 | -9.88 | -6.09 | -7.48 | -6.92 |
| Debt to Equity (x)
| -- | -- | 1.02 | 0.96 | 1.66 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
--
|
-10.87
|
-9.52
|
-12.46
|
-14.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-27.11
Lower than Peers by 38.20
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
-27.11
|
-24.53
|
-20.26
|
-20.35
|
-22.67
|
|
Peer Median
|
11.09
|
--
|
--
|
--
|
--
|
ROA
-6.09
Lower than Peers by 9.71
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
-6.09
|
-7.48
|
-6.92
|
-9.40
|
-11.57
|
|
Peer Median
|
3.62
|
--
|
--
|
--
|
--
|
EBIT Margin
-19.41
Lower than Peers by 28.27
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
-19.41
|
-18.65
|
-13.56
|
-23.48
|
-25.60
|
|
Peer Median
|
8.85
|
--
|
--
|
--
|
--
|
Net Margin
-20.55
Lower than Peers by 29.62
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
-20.55
|
-20.74
|
-17.38
|
-20.22
|
-25.72
|
|
Peer Median
|
9.08
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
15.61
Higher than Peers by 0.37
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
15.61
|
0.13
|
0.10
|
0.05
|
0.21
|
|
Peer Median
|
15.24
|
--
|
--
|
--
|
--
|
EBIT Growth
-54.00
Lower than Peers by 83.51
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
-54.00
|
-55.71
|
36.27
|
3.30
|
-22.12
|
|
Peer Median
|
29.50
|
--
|
--
|
--
|
--
|
Net Profit Growth
-37.35
Lower than Peers by 67.80
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
-37.35
|
-35.04
|
5.10
|
18.95
|
-6.55
|
|
Peer Median
|
30.45
|
--
|
--
|
--
|
--
|
EPS Growth
-30.95
Lower than Peers by 88.82
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
-30.95
|
-0.18
|
0.08
|
0.19
|
-0.05
|
|
Peer Median
|
57.87
|
--
|
--
|
--
|
--
|
Book Value Growth
26.50
Higher than Peers by 5.48
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
26.50
|
--
|
--
|
--
|
--
|
|
Peer Median
|
21.02
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.02
Higher than Peers by 1.02
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
1.02
|
0.96
|
1.66
|
0.64
|
0.63
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
--
|
--
|
0.57
|
0.02
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.65
Higher than Peers by 0.07
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
1.65
|
1.97
|
1.19
|
2.43
|
3.87
|
|
Peer Median
|
1.58
|
--
|
--
|
--
|
--
|
Quick Ratio
1.65
Higher than Peers by 0.08
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
1.65
|
--
|
1.24
|
2.43
|
3.87
|
|
Peer Median
|
1.56
|
--
|
--
|
--
|
--
|
Interest Coverage
-175.08
Lower than Peers by 188.58
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
-175.08
|
-9.01
|
-9.00
|
-36.67
|
-38.28
|
|
Peer Median
|
13.50
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
21.93
Higher than Peers by 3.75
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
21.93
|
46.40
|
42.95
|
36.97
|
30.22
|
|
Peer Median
|
18.18
|
--
|
--
|
--
|
--
|
Asset Turnover
0.30
Lower than Peers by 0.14
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
0.30
|
0.36
|
0.40
|
0.46
|
0.44
|
|
Peer Median
|
0.44
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
--
|
154.05
|
139.60
|
119.89
|
100.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
--
|
-95.83
|
-66.42
|
0.00
|
81.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
--
|
14.11
|
9.70
|
9.25
|
21.67
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
--
|
44.11
|
63.48
|
110.64
|
160.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
--
|
-32.76
|
-52.19
|
-48.91
|
-21.00
|
|
Peer Median
|
51.41
|
--
|
--
|
--
|
--
|
Price / Book Value
10.56
Higher than Peers by 2.76
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
10.56
|
7.08
|
10.97
|
10.08
|
5.21
|
|
Peer Median
|
7.80
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
-20.70
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
-20.70
|
-37.38
|
-81.53
|
-40.21
|
-20.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
4,736
Higher than Peers by 3,616
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Varonis Systems (VRNS)
|
4,736
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,120
|
--
|
--
|
--
|
--
|