Varonis/$VRNS

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About Varonis

Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.

Ticker

$VRNS
Primary listing

Industry

Software

Employees

2,406

ISIN

US9222801022

Varonis Metrics

BasicAdvanced
$5.6B
-
-$0.81
0.76
-

What the Analysts think about Varonis

Analyst ratings (Buy, Hold, Sell) for Varonis stock.

Bulls say / Bears say

Varonis reported a 19% year-over-year growth in Annual Recurring Revenue (ARR), reaching $664.3 million, indicating strong demand for its data security solutions. (gurufocus.com)
The company's successful transition to a SaaS model has led to SaaS ARR representing approximately 61% of total ARR, enhancing revenue predictability and scalability. (gurufocus.com)
Barclays analyst Saket Kalia increased the price target for Varonis from $52 to $54, maintaining an 'Overweight' rating, reflecting confidence in the company's growth prospects. (gurufocus.com)
The transition to a SaaS model has introduced volatility in revenue recognition, impacting the income statement and creating a complex financial outlook for 2025. (gurufocus.com)
Operating expenses increased, resulting in a first-quarter operating loss of $6.5 million, with an operating margin of negative 4.7%, raising concerns about profitability. (gurufocus.com)
Gross margin decreased to 80.2% from 83.3% in the first quarter of 2024, reflecting the impact of the SaaS transition and potential pricing pressures. (gurufocus.com)
Data summarised monthly by Lightyear AI. Last updated on 11 Jun 2025.

Varonis Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Varonis Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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