Stocktoria
VARONIS SYSTEMS INC VRNS
VARONIS SYSTEMS INC financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $623.5M | $551.0M | $499.2M | $473.6M | $390.1M | $292.7M | $254.2M | $270.3M | $215.4M | $165.9M |
| Gross profit | $491.6M | $457.1M | $427.4M | $403.8M | $330.7M | $248.4M | $219.0M | $242.6M | $194.7M | $150.1M |
| R&D expense | $237.8M | $196.8M | $183.8M | $177.9M | $137.9M | $99.4M | $80.8M | $70.0M | $47.4M | $36.7M |
| Operating income | -$146.5M | -$117.7M | -$117.2M | -$121.2M | -$98.7M | -$78.4M | -$76.0M | -$29.1M | -$13.4M | -$12.0M |
| Income tax | $13.0M | $12.8M | $14.0M | $13.7M | $6.0M | $8.1M | $2.4M | $413,000 | $2.8M | $1.3M |
| Net income | -$129.3M | -$95.8M | -$100.9M | -$124.5M | -$116.9M | -$94.0M | -$78.8M | -$28.6M | -$13.8M | -$14.2M |
| EPS (diluted) | $-1.13 | $-0.86 | $-0.92 | $-1.14 | $-1.11 | $-1.00 | $-0.87 | — | — | — |
| Operating cash flow | $147.4M | $115.2M | $59.4M | $11.9M | $7.2M | -$5.8M | -$10.7M | $23.5M | $16.4M | $7.3M |
| Free cash flow | $134.8M | $108.5M | $54.3M | $475,000 | -$3.3M | -$16.0M | -$36.1M | $14.0M | $11.0M | $3.5M |
| Cash & equivalents | $202.5M | $185.6M | $230.7M | $367.8M | $805.8M | $234.1M | $68.9M | $48.7M | $56.7M | $48.3M |
| Total assets | $1.8B | $1.7B | $1.1B | $1.0B | $1.1B | $555.5M | $318.3M | $285.0M | $245.6M | $181.8M |
| Shareholders' equity | $598.7M | $455.7M | $489.6M | $502.1M | $596.6M | $94.1M | $93.5M | $125.4M | $114.6M | $96.0M |
Growth · year-over-year · Revenue CAGR 15.9%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +13.2% | +10.4% | +5.4% | +21.4% | +33.3% | +15.1% | -6.0% | +25.5% | +29.9% | +30.4% |
| Free cash flow growth | +24.2% | +99.8% | +11335.2% | — | — | — | -358.4% | +26.5% | +213.4% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.