When did Varonis Systems report Q2 2025 earnings?

Varonis Systems (VRNS) reported Q2 2025 earnings on July 29, 2025 after market close.

What were Varonis Systems's Q2 2025 revenue and EPS?

Varonis Systems reported revenue of $152.2M and eps of $0.03 for Q2 2025.

Did Varonis Systems beat estimates in Q2 2025?

Revenue missed the consensus estimate of $163.6M by $11.4M. EPS beat the consensus estimate of $0.01 by $0.02.

How did Varonis Systems's Q2 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 16.7% from $130.3M a year earlier and eps declined 40.0% from $0.05.

Where can I find Varonis Systems's Q2 2025 SEC filings?

You can read the 10-Q periodic report (0001628280-25-036728) directly on SEC EDGAR. The filing index links above go to sec.gov.

Varonis Systems VRNS Q2 2025 earnings

Reported July 29, 2025 · After market close

Revenue$152.2MMiss by $11.4M

EPS$0.03Beat by $0.02

Revenue estimate$163.6M

EPS estimate$0.01

Next report

Oct 27, 2026 (in 3 months)

Revenue estimate$186.1M

EPS estimate$0.02

Financials

Q2 2025

Income statement

See full

Revenue$152.2M+16.7%

Gross profit$120.9M+12.1%

Operating income-$36.6M-26.8%

Net income-$35.8M-49.6%

EPS (diluted)-$0.32-52.4%

Balance sheet

See full

Cash & equivalents$199.2M+28.2%

Total debt$302.4M+445%

Total equity$341.5M-25.5%

Total assets$1.6B+47.5%

Cash flow

See full

Operating cash flow$21.3M+82.1%

CapEx$3.4M+312%

Free cash flow$18.0M+64.8%

Valuation & ratios

Valuation

as of 06/30/25

See full

Market cap$5.61B+6.3%

Enterprise value$5.71B+10.3%

P/S9.4×-0.7×

Profitability

See full

Gross margin81.5%-3.1pp

Operating margin-20.4%-0.8pp

Net margin-17.3%+0.3pp

FCF margin21%+5.3pp

Returns & leverage

See full

Return on equity-25.7%+14.0pp

Debt / equity0.9×+0.8×

Current ratio1.4×-1.1×

Segments

By product

See full

SaaS$105.9M+136%

Term license subscriptions$32.4M-48.4%

Maintenance and services$13.9M-39.1%

By geography

See full

EMEA$31.8M+9.2%

Rest of the World$11.8M+26.1%

By segment

See full

Term License Subscriptions, SaaS Revenues and Maintenance and Services Fees$152.2M+16.7%

Versus estimates

Revenue

Q2 2026$180.0MBeat by $3.2M Q1 2026$173.1MBeat by $7.6M Q4 2025$173.4MBeat by $4.9M Q3 2025$161.6MMiss by $4.9M

Q2 2025$152.2MMiss by $11.4M

Q1 2025$136.4MMiss by $11.4M

Diluted EPS

Q2 2026$0.04Beat by $0.03 Q1 2026$0.06Beat by $0.11 Q4 2025$0.08Beat by $0.05 Q3 2025$0.06Beat by $0.01

Q2 2025$0.03Beat by $0.02

Q1 2025-$0.31Miss by $0.26

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Questions, answered.

When did Varonis Systems report Q2 2025 earnings?: Varonis Systems (VRNS) reported Q2 2025 earnings on July 29, 2025 after market close.
What were Varonis Systems's Q2 2025 revenue and EPS?: Varonis Systems reported revenue of $152.2M and eps of $0.03 for Q2 2025.
Did Varonis Systems beat estimates in Q2 2025?: Revenue missed the consensus estimate of $163.6M by $11.4M. EPS beat the consensus estimate of $0.01 by $0.02.
How did Varonis Systems's Q2 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 16.7% from $130.3M a year earlier and eps declined 40.0% from $0.05.
Where can I find Varonis Systems's Q2 2025 SEC filings?: You can read the 10-Q periodic report (0001628280-25-036728) directly on SEC EDGAR. The filing index links above go to sec.gov.