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VRNS

Varonis Systems·NASDAQ
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VRNS fundamentals

Varonis Systems (VRNS) released its earnings on Oct 28, 2025: revenue was 161.60M (YoY +9.14%), missed estimates; EPS was 0.06 (YoY -50.00%), beat estimates.
Revenue / YoY
161.60M
+9.14%
EPS / YoY
0.06
-50.00%
Report date
Oct 28, 2025
VRNS Earnings Call Summary for Q3,2025
  • SaaS Dominance: 76% ARR from SaaS, with self-hosted solution ending in 2026. Q3 ARR $718.6M (18% YoY), but on-prem renewals underperformed, leading to 5% headcount cut.
  • Product Momentum: Launches of Interceptor and DAM, plus Microsoft partnership, fuel growth. SaaS NRR healthy, with focus on upselling post-transition.
  • Financial Health: $1.1B cash, $150M buyback. Full-year ARR guidance $730M-$738M, free cash flow $120M-$125M. Gross margin 79.4%, operating margin 0.1%.
  • Risks: Federal and non-federal on-prem renewals volatile. 24% of ARR (non-SaaS) uncertain, but SaaS ARR expected to reach 83% by year-end.
EPS
Revenue

Revenue & Expenses

VRNS has released its 2025 Q3 earnings report, with revenue of 161.58M, reflecting a YoY change of 9.12%, and net profit of -29.94M, showing a YoY change of -63.32%. The Sankey diagram below clearly presents VRNS's revenue sources and cost distribution.

Key Indicators

Varonis Systems (VRNS) key financial stats and ratios, covering profitability, financial health, and leverage.
Varonis Systems (VRNS)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Varonis Systems (VRNS)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Varonis Systems (VRNS)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Varonis Systems (VRNS) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Varonis Systems (VRNS) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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