Varonis Systems, Inc.

VRNS Technology Software Infrastructure

Varonis Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $623.5 million, up 13.2% from fiscal 2024.

Revenue
+18.3%
EPS
−28.1%
Free cash flow
+15.6%
Total debt
+0.45%

Quarter to June 2026, against a year earlier

48.88 0.13 +0.27%
Market cap
$5.7B
P/E
0.0×
Fwd P/E
−37.6×
Dividend yield
—
F-score
4/9
Altman Z
1.71
Beneish M
−3.08
Dividend safety
n/a

Varonis Systems, Inc. (VRNS) EV/EBITDA

Alert me on EV/EBITDA

Varonis Systems, Inc. has no meaningful EV/EBITDA: its trailing twelve-month EBITDA is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 637× (March 2018) — the current reading is the lowest in ten years.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 484× —
FY2016 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
Sep 2025 0.0× —
42 more quarters

Against its own ten years

Low 0.0× High 637×
Ten-year median 0.0×
Current reading's percentile 92

EV/EBITDA against peers

Company EV/EBITDA
MBGL Mobility Global Inc. compare n/m
VRNS Varonis Systems, Inc. n/m
WEX WEX Inc. compare 5.0×
DOX Amdocs Limited compare 8.7×
ACIW ACI Worldwide, Inc. compare 14.7×
RELY Remitly Global, Inc. compare 22.4×
BOX Box, Inc. compare 29.6×
BB BlackBerry Limited compare 48.3×
TENB Tenable Holdings, Inc. compare 63.6×
Software Infrastructure industry median 15.0×
Technology sector median 15.3×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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