Varonis Systems, Inc. revenue by segment VRNS

Varonis Systems, Inc. splits its revenue into 4 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Software As A Service at $462.6 million, 74% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Sep 30, 2026
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
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
716
624
551
499
474
390
293
254
270
215
166
Software As A Service
660
+68.2%
share 92.2%
463
+121.6%
share 74.2%
209
+370.0%
share 37.9%
44
+1877.6%
share 8.9%
2
share 0.5%
—
—
—
—
—
—
Subscription And Circulation
33
-78.6%
share 4.6%
110
-56.9%
share 17.6%
254
-28.7%
share 46.1%
356
-2.6%
share 71.4%
366
+35.2%
share 77.3%
271
+68.0%
share 69.4%
161
+110.1%
share 55.1%
77
+776.9%
share 30.2%
9
+233.1%
share 3.2%
3
share 1.2%
—
Maintenance
23
-62.9%
share 3.1%
51
-41.7%
share 8.2%
88
-10.5%
share 16.0%
98
-8.6%
share 19.7%
107
-9.9%
share 22.7%
119
-8.2%
share 30.6%
130
-3.9%
share 44.4%
135
+11.0%
share 53.3%
122
+29.6%
share 45.1%
94
share 43.7%
—
License
—
—
—
—
—
2
+28.3%
share 0.5%
1
-96.5%
share 0.5%
42
-69.8%
share 16.6%
140
+17.6%
share 51.6%
119
share 55.1%
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

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

Source: SEC EDGAR filings. This is company-reported data, not investment advice.