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Wednesday 4 November 2026 Export VRNS’s income statement to Excel — free account

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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Varonis Systems, Inc. (VRNS) EV/Sales

Alert me on EV/Sales

As of 3 November 2026, Varonis Systems, Inc. (VRNS) trades at a EV/Sales of 7.8×. Over the past ten years it has ranged from 1.9× (February 2016) to 23.0× (February 2021); the current reading is higher than 61% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.8×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 5.3× (40.08%)
FY2024 8.8× (4.11%)
FY2023 9.2× 102.55%
FY2022 4.5× (61.23%)
FY2021 11.7× (32.54%)
FY2020 17.3× 92.30%
FY2019 9.0× 76.78%
FY2018 5.1× (9.31%)
FY2017 5.6× 53.77%
FY2016 3.7× 26.32%

Quarterly newest first

Period EV/Sales Change
Jun 2026 6.6× 103.81%
Mar 2026 3.3× (38.09%)
Dec 2025 5.3× (49.53%)
Sep 2025 10.4× 16.51%
42 more quarters

Against its own ten years

Low 1.9× High 23.0×
Ten-year median 6.7×
Current reading's percentile 57

EV/Sales against peers

Company EV/Sales
MBGL Mobility Global Inc. compare n/m
DOX Amdocs Limited compare 1.6×
WEX WEX Inc. compare 1.9×
RELY Remitly Global, Inc. compare 2.7×
ACIW ACI Worldwide, Inc. compare 3.6×
TENB Tenable Holdings, Inc. compare 4.7×
BOX Box, Inc. compare 5.0×
VRNS Varonis Systems, Inc. 7.8×
BB BlackBerry Limited compare 7.8×
Software Infrastructure industry median 2.9×
Technology sector median 2.8×
Market median 2.2×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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