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/FCF

Alert me on EV/FCF

As of 3 November 2026, Varonis Systems, Inc. (VRNS) trades at a EV/FCF of 45.4×. Over the past ten years it has ranged from −3,243× (April 2022) to 5,318× (February 2023); the current reading is higher than 48% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 24.9× (44.22%)
FY2024 44.6× (47.02%)
FY2023 84.2× (98.05%)
FY2022 4,322× —
FY2021 −1,375× —
FY2020 −317× —
FY2019 −63.4× —
FY2018 98.4× (10.05%)
FY2017 109× (36.36%)
FY2016 172× —

Quarterly newest first

Period EV/FCF Change
Jun 2026 38.7× 107.55%
Mar 2026 18.6× (25.19%)
Dec 2025 24.9× (48.47%)
Sep 2025 48.3× 12.23%
42 more quarters

Against its own ten years

Low −3,243× High 5,318×
Ten-year median 48.3×
Current reading's percentile 19

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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