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

Sector

Software & Cloud Services
Primary listing

Employees

2,406

Varonis Metrics

BasicAdvanced
$6.4B
-
-$0.92
0.76
-

What the Analysts think about Varonis

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

Bulls say / Bears say

Varonis reported 19% year-over-year ARR growth to $693.2 million in Q2 2025, with SaaS ARR rising from 61% to 69% of total ARR quarter-over-quarter, underlining strong cloud adoption and momentum toward finishing its SaaS transition by year-end. (Investing.com)
The company generated $82.7 million of free cash flow year-to-date and $89.3 million in cash from operations in the first half of 2025, a 23.4% increase year-over-year that strengthens financial flexibility and supports strategic investment and capital return. (Investing.com)
Varonis’s strategic partnership with Microsoft to enhance AI workspace security and its FedRAMP authorization to serve U.S. federal agencies broaden its enterprise and government market reach, positioning the company to access new high-value SaaS opportunities. (Nasdaq)
Varonis’s non-GAAP operating income turned to a $2 million loss in Q2 2025 from a $2 million profit in Q2 2024, showing near-term margin pressure as it speeds up its SaaS transition. (Investing.com)
The move from upfront on-premises license sales to recognizing SaaS revenue over time created about a 7% year-over-year revenue headwind in Q2, slowing near-term top-line growth. (Investing.com)
Full-year 2025 revenue guidance of $616 million to $628 million (12–14% growth) and Q3 2025 revenue guidance of $163 million to $168 million (10–13% growth) signal a slowdown from the current ARR growth rate, pointing to possible moderation after the SaaS transition is complete. (Nasdaq)
Data summarised monthly by Lightyear AI. Last updated on 4 Sept 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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