← VARONIS SYSTEMS INC VRNS
Market Price
$45.03
Market Cap
$5.26B
P/E Ratio
N/A
Revenue (FY 2025)
↑13.2% YoY
$623.53M
3-Yr CAGR: 9.6%
Net Income
↓-35.0% YoY
-$129.32M
Net Margin: -20.7%
Free Cash Flow
↑24.2% YoY
$134.80M
FCF Yield: 2.56%
EPS (Diluted)
↓-31.4% YoY
$-1.13
Basic: $-1.13
Return on Equity
Efficiency
-21.6%
ROA: -96.0%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (VRNS)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $164.5M | — | $148.6M | $-17.7M | — | — | — | $7.3M | $3.5M | — |
| FY 2017 | $217.4M | +32.2% | $196.5M | $-13.7M | +22.7% | — | — | $16.4M | $11.0M | +213.4% |
| FY 2018 | $270.3M | +24.3% | $242.6M | $-28.6M | -108.7% | — | — | $23.5M | $14.0M | +26.5% |
| FY 2019 | $254.2M | -6.0% | $219.0M | $-78.8M | -175.6% | — | — | $-10.7M | $-36.1M | -358.4% |
| FY 2020 | $292.7M | +15.1% | $248.4M | $-94.0M | -19.4% | — | — | $-5.8M | $-16.0M | +55.8% |
| FY 2021 | $390.1M | +33.3% | $330.7M | $-116.9M | -24.3% | $-1.11 | — | $7.2M | $-3.3M | +79.2% |
| FY 2022 | $473.6M | +21.4% | $403.8M | $-124.5M | -6.6% | $-1.14 | -2.7% | $11.9M | $0.5M | +114.3% |
| FY 2023 | $499.2M | +5.4% | $427.4M | $-100.9M | +19.0% | $-0.92 | +19.3% | $59.4M | $54.3M | +11,335.2% |
| FY 2024 | $551.0M | +10.4% | $457.1M | $-95.8M | +5.1% | $-0.86 | +6.5% | $115.2M | $108.5M | +99.8% |
| FY 2025 | $623.5M | +13.2% | $491.6M | $-129.3M | -35.0% | $-1.13 | -31.4% | $147.4M | $134.8M | +24.2% |
Valuation
Market Price
$45.03
Market Cap
$5.26B
Enterprise Value
N/A
P/E Ratio
N/A
P/B Ratio
8.64
FCF Yield
2.56%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
78.83%
Operating Margin
-23.50%
Net Margin
-20.74%
Return on Equity (ROE)
-21.60%
Return on Assets (ROA)
-95.96%
Asset Turnover
4.63x
Revenue 3-Yr CAGR
9.60%
Financial Health & Liquidity
Current Ratio
0.20
Cash Ratio
0.31
Debt / Equity
N/A
Debt / Assets
N/A
Cash & Equivalents
$202.48M
Total Debt
N/A
Book Value / Share
$5.21
Cash Flow Efficiency
Operating Cash Flow
$147.43M
Capital Expenditures (CapEx)
$12.63M
Free Cash Flow
$134.80M
OCF / Revenue
23.64%
FCF / Revenue
21.62%
FCF 3-Yr CAGR
557.16%
Per Share Metrics
EPS (Diluted)
$-1.13
EPS (Basic)
$-1.13
Dividends / Share
N/A
Book Value / Share
$5.21
EPS YoY Growth
-31.40%
Balance Sheet (FY 2025)
Total Assets
$134.77M
Total Liabilities
$658.96M
Stockholders' Equity
$598.66M
Current Assets
$134.77M
Current Liabilities
$658.96M