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) P/S ratio

Alert me on P/S ratio

As of 3 November 2026, Varonis Systems, Inc. (VRNS) trades at a P/S ratio of 8.2×. Over the past ten years it has ranged from 2.7× (February 2016) to 23.3× (September 2021); the current reading is higher than 60% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.8×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 6.0× (33.16%)
FY2024 9.0× (7.50%)
FY2023 9.7× 75.50%
FY2022 5.5× (57.87%)
FY2021 13.2× (25.10%)
FY2020 17.6× 90.06%
FY2019 9.2× 62.87%
FY2018 5.7× (9.10%)
FY2017 6.2× 44.06%
FY2016 4.3× 16.39%

Quarterly newest first

Period P/S ratio Change
Jun 2026 7.0× 85.95%
Mar 2026 3.8× (37.44%)
Dec 2025 6.0× (44.56%)
Sep 2025 10.9× 13.61%
42 more quarters

Against its own ten years

Low 2.7× High 23.3×
Ten-year median 7.3×
Current reading's percentile 56

P/S ratio against peers

Company P/S ratio
MBGL Mobility Global Inc. compare n/m
DOX Amdocs Limited compare 1.4×
WEX WEX Inc. compare 2.1×
RELY Remitly Global, Inc. compare 3.0×
ACIW ACI Worldwide, Inc. compare 3.3×
BOX Box, Inc. compare 4.8×
TENB Tenable Holdings, Inc. compare 4.8×
BB BlackBerry Limited compare 7.9×
VRNS Varonis Systems, Inc. 8.2×
Software Infrastructure industry median 2.9×
Technology sector median 2.8×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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