stockrowVaronis 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
Follow VRNS
Alert me
Varonis Systems, Inc. (VRNS) Gross margin
Varonis Systems, Inc.'s gross margin over the twelve months to 30 June 2026 was 77.1%, down 1.8 percentage points from fiscal 2025 (78.8%). Over the past ten years it has ranged from 78.8% (fiscal 2025) to 90.6% (fiscal 2015) — the current reading is the lowest in ten years. That is above the Software Infrastructure industry median of 59.2% and above the Technology sector median of 47.1%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 78.8% | (4.14) |
| FY2024 | 83.0% | (2.66) |
| FY2023 | 85.6% | 0.37 |
| FY2022 | 85.3% | 0.49 |
| FY2021 | 84.8% | (0.11) |
| FY2020 | 84.9% | (1.29) |
| FY2019 | 86.2% | (3.59) |
| FY2018 | 89.8% | (0.62) |
| FY2017 | 90.4% | (0.13) |
| FY2016 | 90.5% | (0.04) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 75.3% | (0.72) |
| Mar 2026 | 76.0% | (2.92) |
| Dec 2025 | 78.9% | 0.66 |
| Sep 2025 | 78.3% | (1.21) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| BOX Box, Inc. compare | 79.6% |
| TENB Tenable Holdings, Inc. compare | 78.1% |
| BB BlackBerry Limited compare | 77.9% |
| VRNS Varonis Systems, Inc. | 77.1% |
| RELY Remitly Global, Inc. compare | 61.5% |
| WEX WEX Inc. compare | 60.4% |
| ACIW ACI Worldwide, Inc. compare | 49.1% |
| DOX Amdocs Limited compare | 38.3% |
| MBGL Mobility Global Inc. compare | — |
| Software Infrastructure industry median | 59.2% |
| Technology sector median | 47.1% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on VRNS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement