FY2025 · ended Dec 31, 2025 · Revenue $623.53M, +13.2% YoY · Filed Feb 4, 2026
Varonis Systems, Inc. (VRNS) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $623.5 million and a net loss of $129.3 million. Free cash flow was $134.8 million. As of Sep 30, 2026 it held $900.0 million in cash and investments and $74.3 million in total debt.
Revenue (TTM)
$715.98M
+17.6% vs year-ago TTM
Net income (TTM)
$-153.09M
-33.6% vs year-ago TTM
Operating cash flow (TTM)
$132.98M
-9.6% vs year-ago TTM
Free cash flow (TTM)
$118.13M
-11.8% vs year-ago TTM
EPS (TTM)
$-1.32
-30.4% vs year-ago TTM
Dividend per share
None
Shares outstanding
117.45M
+4.4% vs prior year
Net cash
$825.69M
as of Sep 30, 2026
Operating margin
-22.8%
FY 2026
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- VRNS (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Miami, FL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1361113
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Shopify Inc. SHOP
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $623.5M | $551.0M | $499.2M | $473.6M | $390.1M |
| Operating income | -$146.5M | -$117.7M | -$117.2M | -$121.2M | -$98.7M |
| Net income | -$129.3M | -$95.8M | -$100.9M | -$124.5M | -$116.9M |
| Diluted EPS | -$1.13 | -$0.86 | -$0.92 | -$1.14 | — |
| Operating cash flow | $147.4M | $115.2M | $59.4M | $11.9M | $7.2M |
| Free cash flow | $134.8M | $108.5M | $54.3M | $475,000 | -$3.3M |
| Total assets | $1.8B | $1.7B | $1.1B | $1.0B | $1.1B |
| Stockholders' equity | $598.7M | $455.7M | $489.6M | $502.1M | $596.6M |
| Cash and investments | $1.1B | $1.2B | $695.0M | $604.1M | $805.8M |
| Total debt | $69.5M | $53.6M | $61.4M | $67.5M | $77.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 3, 2026 | Nov 3, 2026 |
| 8-K |
Current report
Material agreement, Officer or director change, Regulation FD disclosure
|
Oct 15, 2026 | Oct 15, 2026 |
| 10-Q | Quarterly report | Jul 29, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 28, 2026 | Jul 28, 2026 |
| 8-K |
Current report
Officer or director change, Shareholder vote results
|
Jun 2, 2026 | Jun 1, 2026 |
All 930 Varonis Systems, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.