Skip to content
Screener

Varonis Systems VRNS Q4 2025 Annual earnings

Reported February 3, 2026 · After market close

Revenue$173.4MBeat by $4.9M
EPS$0.08Beat by $0.05
Revenue estimate$168.5M
EPS estimate$0.03

Next report

Oct 27, 2026 (In 3 weeks)
Revenue estimate$186.8M
EPS estimate$0.03

Financials

Q4 2025

Income statement

See full
Revenue$173.4M+9.4%
Gross profit$136.8M+3.3%
Operating income-$30.3M-72.4%
Net income-$27.8M-114%
EPS (diluted)-$0.23-91.7%

Balance sheet

See full
Cash & equivalents$202.5M+9.1%
Total debt$69.5M-77.2%
Total equity$598.7M+31.4%
Total assets$1.8B+7.7%

Cash flow

See full
Operating cash flow$24.7M+1.7%
CapEx$3.9M-9.4%
Free cash flow$20.7M+4.1%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$3.87B-22.6%
Enterprise value$3.73B-27.0%
P/S6.2×-2.9×

Profitability

See full
Gross margin78.8%-4.1pp
Operating margin-23.5%+2.6pp
Net margin-20.7%+5.0pp
FCF margin21.6%+1.9pp

Returns & leverage

See full
Return on equity-24.5%+6.6pp
Debt / equity0.1×-0.6×
Current ratio2×+0.7×

Segments

By product

See full
SaaS$142.3M+97.1%
Term license subscriptions$21.0M-68.6%
Maintenance and services$10.1M-48.3%

By geography

See full
EMEA$41.0M+23.7%
Rest of the World$12.0M-44.1%

By segment

See full
Term License Subscriptions, SaaS Revenues and Maintenance and Services Fees$173.4M+9.4%

FAQ

When did Varonis Systems report Q4 2025 earnings?
Varonis Systems (VRNS) reported Q4 2025 earnings on February 3, 2026 after market close.
What were Varonis Systems's Q4 2025 revenue and EPS?
Varonis Systems reported revenue of $173.4M and eps of $0.08 for Q4 2025.
Did Varonis Systems beat estimates in Q4 2025?
Revenue beat the consensus estimate of $168.5M by $4.9M. EPS beat the consensus estimate of $0.03 by $0.05.
How did Varonis Systems's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 9.4% from $158.5M a year earlier and eps declined 55.6% from $0.18.
Where can I find Varonis Systems's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001171843-26-000602) and the 10-K periodic report (0001628280-26-005450) directly on SEC EDGAR. The filing index links above go to sec.gov.