Varonis Systems, Inc.
VRNS
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Varonis operates in a growing industry focused on data security and analytics, which is increasingly critical for businesses as cyber threats rise.
- Revenue increased by 4% compared to the prior quarter, reaching $180 million.
- The stock has a strong buy signal with a score of 56.00, indicating positive momentum in market trends.
- The company has a high forward P/E ratio of 120.24, suggesting that the stock may be overvalued relative to its earnings.
- Varonis reported a net income loss of $46.8 million in the most recent quarter.
- The operating margin remains negative at -22.6%, indicating ongoing challenges in profitability.
Fundamentals
| Market cap | $5.61B | Enterprise value | $5.44B | Trailing P/E | — | Forward P/E | 119.75 |
| PEG | 7.38 | Price / book | 12.63 | Beta | 0.77 | Dividend yield | 0.00% |
| Revenue growth | 18.3% | Earnings growth | — | Gross margin | 77.1% | Operating margin | -22.6% |
| Profit margin | -20.5% | ROE | -36.0% | ROA | -5.7% | Debt / equity | 1.19 |
| Current ratio | 1.65 | Free cash flow | $138.68M | Analyst recommendation | none | Mean target | $51.32 |
| 52w high | $63.90 | 52w low | $19.70 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $180M | $173M | $173M | $162M | $152M | — |
| Op margin | -22.6% | -25.7% | -17.5% | -22.2% | -24.0% | — |
| Net income | -$46.8M | -$36.9M | -$27.8M | -$29.9M | -$35.8M | — |
| Gross margin | 75.3% | 76.0% | 78.9% | 78.2% | 79.5% | — |
| Gross profit | $136M | $132M | $137M | $126M | $121M | — |
| Operating income | -$40.6M | -$44.5M | -$30.3M | -$35.9M | -$36.6M | — |
- Revenue +4% vs prior quarter ($180M vs $173M).
- Gross margin 75.3% (was 76% prior quarter).
- Operating margin expanded to -22.6%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $624M | $551M | $499M | $474M |
| Op margin | -23.5% | -21.4% | -23.5% | -25.6% |
| Net income | -$129M | -$95.8M | -$101M | -$125M |
| Gross margin | 78.8% | 83.0% | 85.6% | 85.3% |
| Gross profit | $492M | $457M | $427M | $404M |
| Operating income | -$147M | -$118M | -$117M | -$121M |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-02 · 3 Cash-Heavy Stocks We Think Twice About
2026-09-21 · 1 Small-Cap Stock to Target This Week and 2 We Ignore
2026-09-17 · How Varonis’ New Data Lifecycle Automation At Varonis Systems (VRNS) Has Changed Its Investment Story
2026-09-15 · AI Is Boosting Cybersecurity. CrowdStrike and 4 More Stocks to Buy.
2026-09-15 · Varonis Launches Data Lifecycle Management to Automate ROT Data Removal
2026-09-15 · Varonis Launches Data Lifecycle Management to Cut Storage Costs in the Face of Unprecedented Data Growth
2026-09-15 · Varonis Systems and Fastly Stocks Trade Up, What You Need To Know
2026-09-11 · Varonis Systems Shares Fall After Wedbush Downgrade
2026-09-11 · Wedbush Names CrowdStrike and Palo Alto Networks AI Cybersecurity Winners
2026-09-11 · Chewy downgraded, Shopify initiated: Wall Street's top analyst calls
2026-09-11 · CRWD Stock Leads Wedbush’s Cybersecurity Bets: Check Point, Fortinet, Varonis, Telos Downgraded
Price (daily)
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