VRNS · XBRL financial data

Varonis Systems financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (VRNS's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cost of revenue	17	19*	21	22	24	26*	29	31	35	37*	42	45
Gross profit	105	—	93	108	124	—	107	121	126	—	132	136
Research and development	45	48*	48	45	53	51*	54	56	63	65*	70	73
General and administrative	21	21*	21	22	23	23*	24	25	26	24*	26	24
Total operating expenses	134	140*	140	137	148	150*	151	157	162	167*	176	176
Operating income (loss)	(29)	(5)*	(48)	(29)	(24)	(18)*	(44)	(37)	(36)	(30)*	(44)	(41)
Interest expense	1	—	1	1	2	—	3	3	2	—	—	—
Income tax expense (benefit)	3	1*	1	3	5	3*	4	4	2	3*	(3)	5
Net income (loss)	(23)	(1)*	(40)	(24)	(18)	(13)*	(36)	(36)	(30)	(28)*	(37)	(47)
Earnings per share, basic USD per share	(0.21)	(0.01)*	(0.37)	(0.21)	(0.16)	(0.12)*	(0.32)	(0.32)	(0.26)	(0.24)*	(0.32)	(0.41)
Earnings per share, diluted USD per share	(0.21)	(0.01)*	(0.37)	(0.21)	(0.16)	(0.12)*	(0.32)	(0.32)	(0.26)	(0.24)*	(0.32)	(0.41)
Weighted average shares, basic millions of shares	109	109*	110	112	112	112*	113	112	115	118*	116	115
Weighted average shares, diluted millions of shares	109	109*	110	112	112	112*	113	112	115	118*	116	115

Fiscal quarters (VRNS's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	111	231	147	155	282	186	153	199	157	202	179	234
Marketable securities	338	253	356	427	563	343	415	572	514	681	568	426
Marketable securities, non-current	206	211	226	163	332	659	592	364	396	187	114	213
Accounts receivable	111	169	100	122	119	193	124	150	143	243	157	151
Prepaid and other current assets	50	64	59	66	76	117	85	111	111	135	139	148
Total current assets	686	767	708	816	1,074	878	818	1,068	961	1,299	1,081	997
Property and equipment, net	34	34	32	30	29	31	31	33	35	36	40	40
Right-of-use asset	53	52	49	47	45	46	44	42	59	58	57	62
Goodwill	23	23	23	23	23	23	40	40	135	135	217	215
Total assets	1,021	1,104	1,054	1,095	1,521	1,664	1,577	1,615	1,665	1,792	1,635	1,654
Accounts payable	1	1	3	3	1	4	6	7	5	6	11	12
Total current liabilities	267	307	297	334	594	710	710	771	532	659	639	606
Lease liability, non-current	51	51	48	45	44	43	41	40	60	60	58	63
Accumulated deficit	(643)	(644)	(685)	(709)	(727)	(740)	(776)	(812)	(842)	(869)	(906)	(953)
Total stockholders' equity	445	490	452	459	429	456	368	341	605	599	454	444
Total liabilities and equity	1,021	1,104	1,054	1,095	1,521	1,664	1,577	1,615	1,665	1,792	1,635	1,654
Common shares outstanding (cover page) millions of shares	109	109	112	112	112	113	112	112	118	117	115	115

Fiscal quarters (VRNS's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(23)	(1)*	(40)	(24)	(18)	(13)*	(36)	(36)	(30)	(28)*	(37)	(47)
Stock-based compensation	33*	32*	32	30*	32*	33*	32	34*	32*	33*	34	35*
Depreciation and amortization	3*	3*	3	3*	3*	3*	2	3*	3*	4*	4	7*
Net cash from operating activities	6*	10*	57	12*	22*	24*	68	21*	33*	25*	55	25*
Purchases of property and equipment	0*	2*	0	1*	1*	4*	2	3*	3*	4*	5	4*
Net cash from investing activities	(263)*	110*	(112)	(5)*	(296)*	(119)*	(25)	70*	(82)*	36*	63	36*
Proceeds from issuing common stock	—	year only	—	—	—	—	—	—	—	—	—	—
Share repurchases	36*	0*	0	0*	0*	0*	61	39*	0*	15*	135	0*
Net cash from financing activities	(31)*	(1)*	(28)	2*	400*	(1)*	(75)	(45)*	6*	(15)*	(142)	(7)*
Net change in cash	(288)*	120*	(84)	8*	127*	(97)*	(32)	46*	(42)*	45*	(23)	54*

SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Varonis Systems	234	not reported	25*	114.9M	—	Q2 FY26 10-QJun 30, 2026
Jamf Holding	547	183	66*	133.2M	—	Q3 FY25 10-QSep 30, 2025
Aurora Innovation	141	3	(170)*	not reported	0.7 quarters	Q3 FY26 10-QSep 30, 2026
Q2 Holdings	116	226	65*	61.8M	—	Q3 FY26 10-QSep 30, 2026
CCC Intelligent Solutions Holdings	203	294	100*	591.0M	—	Q3 FY26 10-QSep 30, 2026
SPS Commerce	154	198	64*	35.4M	—	Q3 FY26 10-QSep 30, 2026
ServiceTitan	480	293	58*	not reported	—	Q2 FY26 10-QJul 31, 2026
SentinelOne	201	292	(6.5)*	not reported	—	Q2 FY27 10-QJul 31, 2026
Pegasystems	202	393	6.1*	163.7M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.